⬇️ The Tuesday Lowdown ⬇️

If you’re new around here, every day I share the 5 best accounting insights I saw in the past 24 hours.

I scroll. so you don’t have to.

💎 WTF of the Day

Senators Rage at PCAOB Over Audit Fiasco

Imagine the folks who are supposed to catch mistakes sleeping on the job.

BDO, one of the top dogs in accounting, has been messing up audits left and right. Now, U.S. Senators like Elizabeth Warren are fired up, pointing fingers at the PCAOB, the watchdog that's supposed to keep firms like BDO in check. This showdown could shake up how big accounting firms are policed.

With calls for tighter regulations and tougher enforcement, this clash might just reshape the future of financial accountability.

💎 What’s Poppin in Accounting

EY Hits Pause on New Grads

In a plot twist for aspiring accountants, EY one of the Big Four heavyweights is telling new graduates to hang tight. What's the deal? Well, the deal making scene itself is cooling off. Big mergers and acquisitions that keep accountants busy are hitting the brakes.

But it's more than just a scheduling hiccup it's a snapshot of a cautious business world rethinking big moves.

 📊 Weekly Trend Chart

Sticking Around for 10+ Years Is So Yesterday

Staying at one job for 10 years? That's becoming as rare as a payphone.

Only about 30% of workers over 25 have stuck with the same employer for a decade, a drop from ten years ago. The average time people stay at a job is now just 3.9 years, the lowest in over 20 years.

Job loyalty is fading fast. If you've been at your job for over 10 years, you're part of a shrinking club in today's ever changing work world.

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