Intrigue in the Phillipines With KPMG

Did you hear the one about the 54-year-old accountant who leaves a letter for his wife one evening which read: “Dear Wife, I am 54 years old, and by the time you get this letter I will be at the Grand Hotel with my beautiful and sexy eighteen year old secretary.”

When he arrived at the hotel, there was a letter waiting for him that read as follows: “Dear Husband, I too am 54 years old, and by the time you receive this letter I will be at the Savoy Hotel with my eighteen year old boy toy. Because you are an accountant, you will surely appreciate that l8 goes into 54 many more times than 54 goes into 18.”

Did you hear the one about the accounting firm partners that started to think they were big “wheeler dealers“?

They were uncovered as plain vanilla boring accountants when we spied them arguing about how to split the their lunch check.

Pick-Up Lines to use on Accounting Chicks

You’ve got a lovely pair of W-2’s.
Please, baby, let me withhold you.
Nice assets.
Lady, you make my pants file for an extension.
In my office, I.R.S. stands for I’m Really Sexy.
If I help you screw Uncle Sam, can I be next?
Technically, having sex with me is like a charitable gift.
You’re the kind of girl I could take home to mother – which is good, since I still live with her.

What could be worse than working your whole professional life, the long hours, the boring spreadsheets, the dinners with your family missed, the trysts with your mistress cut short… These guys found out the hard way that there are no guarantees in life. How much did KPMG have to do with choosing the outsiders and former Andersen partners instead of the loyal local partners to head the firm?

Coup in Big Accounting FirmLALA RIMANDO, NEWSBREAK
02/09/2007 | 06:33 PM
In the usually placid world of accountants, some noise is coming out of the recently reconstituted partnership structure at the Laya Mananghaya & Co., the local counterpart of Swiss firm, KPMG, one of the world’s Big Four.

When Mario Mananghaya, co-founder and chairman, retired last December 2006, he rocked the boat. Instead of turning over the baton to company insiders, Mananghaya chose to assign control of the firm to outsiders. (Founder Jaime Laya, a former central bank governor, retired in 2004.)

Mananghaya gathered the partners in the conference room, made the announcement about his retirement, then introduced the six newcomers and immediately swore them in as new partners. Last month, these six moved into their new Laya Mananghaya office at the top floors of the Philamlife Tower…