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Duncan grew up in Odessa, Texas, and graduated from Texas A&M University in 1980 with a degree in accounting. [1] He began working at Arthur Andersen's Houston office in 1981 and become a partner at the firm in 1995. In 1997, he was assigned as the lead partner on the Enron account and was paid over $1 million for his work.
To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in different MSAs is to narrow the gap in the standard of living between rich and poor cities. [6]
As an example (and not including locality adjustments), an employee at GS-12 Step 10 (base salary $96,770) being promoted to a GS-13 position would initially have his/her salary set at GS-13 Step 4 (base salary $97,373, as it is the nearest salary to GS-12 Step 10 but not lower than it), and then have his/her salary adjusted to a higher step ...
A 2019 analysis by Public Company Accounting Oversight Board (PCAOB) in the United States observed that the big four accounting firms bungled almost 31% of their audits since 2009. In another project study on government oversight, it was seen that while the auditors colluded to present audit reports that pleased their clients, the times they ...
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The Houston office was made responsible for support functions, such as general accounting and paying out royalties, ... which included a base salary of $1,400,000, a ...
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