EY’s $1B pledge targets 10% raise in starting CPA-track pay; Ex-Synchronoss CFO to pay $125k fine for accounting misconduct; In interim CFO pick, Tyson draws on established finance creds; 40% of executives brace for ‘major’ reorganization, including layoffs: PwC
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The Big Four firm’s new initiative is tackling one of the most cited causes of the shrinking accounting talent pipeline: comparatively low starting salaries.
Alongside the reimbursement of certain compensation to Synchronoss, the ex-CFO agreed to pay $125,000 in civil penalties without admitting or denying the SEC’s charges.
The beleaguered chicken processor is leaning on a company veteran with nearly two decades of finance experience as interim CFO following John R. Tyson’s suspension.
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