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Archive for November 8th, 2006

The End of Quarterly Reports?

Interesting, quick story – ‘Big Four’ Accounting Firms: Nix Quarterly Results Reporting. Surely the speed of the Internet has to be the main force behind this suggestion.

The heads of the “Big Four” accounting firms . . . said the standard financial reporting model used in the last century is growing less relevant and meaningful.

Instead, the firms proposed static quarterly financial statements be replaced by real-time, Internet-based reporting, including a wider range of performance measures.

I’m not a financial advisor, but, at first blush, this change would be dramatic. I suspect much of the corruption schemes would be difficult to perpetrate with this almost real-time approach.

A Survey on Digital Dirt

CareerBuilder offers this article discussing the use of the Internet to research candidates. Most candidates are aware of the pervasiveness of information available on the web. But according to this statistics from this article, not all candidates are concerned about it:

When asked to divulge the types of information discovered on the Web that caused them to dismiss potential employees, hiring managers pointed to the following:

  • 31% – candidate lied about qualifications
  • 25% – candidate had poor communication skills
  • 24% – candidate was linked to criminal behavior
  • 19% – candidate bad-mouthed their previous company or fellow employee
  • 19% – candidate posted information about them drinking or using drugs
  • 15% – candidate shared confidential information from previous employers
  • 12% – candidate lied about an absence
  • 11% – candidate posted provocative or inappropriate photographs
  • 8% – candidates screen name was unprofessional
  • Drinking, drugs, bad-mouthed previous employers, provocative photographs? Amazing that candidates are no more aware of these faux pas. Or perhaps they are and they are not concerned?

    Top Job Boards

    I’m sure you can guess the top 2 job boards, no surprises there, but who is number one. Careerbuilder nudges out Monster by 400,000 more ads in a quarter. But what boards round out the top 10, that might suprise you. Check out the list at Workforce.com.