PracticeAccounting FirmsBig Four staff put money on Obama

Big Four staff put money on Obama

Big Four supports Obama in the US presidency race, with nearly twice as many US accountants contributing to his campaign as McCain's

obama us presidency

US accountants have piled into Barack Obama’s campaign for the US presidency,
with almost twice as many employees of the Big Four contributing to the Illinois
senator’s campaign than to John McCain’s.

A search of campaign contribution database at
OpenSecrets.org shows
nearly 640 employees at the Big Four have contributed to Senator Obama’s
campaign, while only 326 employees have donated to Senator McCain.

‘It’s surprising,’ said Brad Sherman, one of several certified accountants in
Congress, said. ‘Of all the professions you’d expect the majority of accountants
to be Republicans. Conservatism is the ideology of the profession. And
accountants are disproportionately of the ethnicities and income levels that
generally vote Republican.’

But the sums donated to the two candidates do not compare so dramatically, as
the average contribution to McCain from employees at the big accountancy firms
was larger.

Obama drew $384,657 in individual contributions from employees at the four
firms. Senator McCain received about 20% less, at $309,687 in contributions.

According to OpenSecrets.org, 267 Deloitte employees gave a total of $144,664
to Obama, while 118 gave $115,051 to McCain; 128 Ernst & Young employees
gave $97,175 in all to Obama, while 93 employees there gave $77,156 to McCain;
at KPMG, 132 employees gave $82,458 to Obama, and 30 employees sent $22,060 to
McCain.

Only at PricewaterhouseCoopers was McCain the winner in terms of dollars
contributed: 85 employees there gave $95,420 to him, while Obama only received
$60,360.

Yet even at
PricewaterhouseCoopers,
Senator Obama had a larger number of contributors: 111 employees of that firm.

Related Articles

PwC’s five strategic priorities for becoming ‘the leading professional services firm’

Accounting Firms PwC’s five strategic priorities for becoming ‘the leading professional services firm’

1d Emma Smith, Managing Editor
Mazars appoints new partner to accounting and outsourcing team

Accounting Firms Mazars appoints new partner to accounting and outsourcing team

1d Emma Smith, Managing Editor
FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full explanation’

Accounting Firms FRC closes KPMG HBOS audit investigation, Treasury Committee expects ‘full explanation’

3d Emma Smith, Managing Editor
KPMG’s apprenticeship intake jumps to 181 in 2017

Accounting Firms KPMG’s apprenticeship intake jumps to 181 in 2017

2w Emma Smith, Managing Editor
284 new trainees join BDO

Accounting Firms 284 new trainees join BDO

2w Alia Shoaib, Reporter
PwC publishes 12.8% BAME pay gap

Accounting Firms PwC publishes 12.8% BAME pay gap

4d Emma Smith, Managing Editor
RSM recruits 288 trainees

Accounting Firms RSM recruits 288 trainees

1w Emma Smith, Managing Editor
Deloitte global revenues hit record $38.8bn

Accounting Firms Deloitte global revenues hit record $38.8bn

1w Emma Smith, Managing Editor