Skip to content

Coulda Been A Contender

Top accountants keep on screwing the world for all they can get

To pretend that anything like this level of reward can be justified by the people who run these firms is impossible. This is what oligopoly power looks like, and it is screwing us all.

I apologise that the language has to be so forthright, but for a failing profession, as audit and accountancy is, this is unacceptable.

As The Tuber has been known to muse, he could have been one of those if only they’d agreed to keep him on after his training period……

13 thoughts on “Coulda Been A Contender”

  1. Well there is a grain of truth in that. The professional classes have been allowed to indulge in rampant profiteering through their gatekeeping. Egregious rent-seeking.

    Stopped clocks and all that…….

  2. We are in the Schumpeterian end times of Capitalism. The accountants and lawyers and HR drones now run the big firms, which is why we have all this virtual signalling – they have forgotten what their company is there for.

  3. Accounting is almost without profit. The only way accounting firms can make a profit is by selling consulting. Sort of like massage and the happy ending. This may explain why Spud wasn’t kept on?

  4. Kjerulf
    Eh? I don’t see many accountants down at the food bank. And even a failed accountant can afford an end of terrace house in a cathedral city.

  5. And there I was thinking it was insignificantly small but now retired accountants screwed the world for all they can get. Wonder where I got that impression from?

  6. an end of terrace house in a cathedral city.
    From the Street View it’s in one of those ghastly satellite suburbs developers enjoy littering around anywhere would otherwise be worth living. The sort of people who inhabit them being the ones I devote my life to avoiding. That’s like saying Acton has all the cachet of Mayfair.

  7. I’ve worked with an accountant who’s rather humdrum role was to explain to HMRC each year how their tax law, which he understood and they didn’t, meant we were paying the correct tax while operating as multiple entities in multiple tax jurisdictions. He was paid extremely highly, yet still only a tiny fraction of what was saved by pointing out HMRC’s errors.

  8. an accountant who’s rather humdrum role was to explain to HMRC each year how their tax law, which he understood and they didn’t, meant we were paying the correct tax while operating as multiple entities in multiple tax jurisdictions.

    I’m trying to visualise Spud in that role. With his rather novel attitude to interacting when he’s in disagreement with someone. I can only presume HMRC would end up blocked/banned & your company receive a massive tax bill plus every penalty the book said it was possible to throw at it.

  9. It’s one of those gharstley estates where there’s no fence between your garden and the road, so all sorts can walk across your lawn. And the built-in ground floor garages make the houses tower up into the sky, with huge featureless brick gable ends. It’s like the Berlin Wall. Though it’s sufficiently upmarket that the roads have pavements – near me they don’t even splash out that much, you step off your doorstep into the carriageway, dodging passing traffic.

  10. KPMG is where Murphy started his illustrious career in pissing off his work colleagues so much the association terminated, acrimoniously. He’s been refining his special skills in this area ever since, with an impressive trail of broken relationships left in his wake.

  11. @BraveFart

    It is one of Spud’s recurring pompous vainglorious boasts that he was told that he could become a partner but ‘chose not to stay’.

    Every time he posts that I respond by saying that they say that to every single new recruit. Every. Single. One.

    He never posts my response but it’s enough to know he reads them.

  12. Spud’s “could” is having to do a lot of work. I “could” win the lottery this week. But I’m not counting on it.

Leave a Reply

Your email address will not be published. Required fields are marked *