Footnotes is a collection of stories from around the accounting profession curated by actual humans […]
Rejoice! EY Has Elected a New Global CEO
Well it looks like Everest cheerleader Andy Baldwin didn't get his wish to completely change how EY handles mandatory retirement age so that he could take the crown at 57…
PwC Greece and Partner Get Punished For Running Out of F*cks to Give About This Awful Audit
The PCAOB today announced settled disciplinary orders sanctioning Greece-based PricewaterhouseCoopers Auditing Company SA (PwC Greece) and its partner Nicos George Komodromos for violations of PCAOB rules and standards in connection…
The Texas Board of Accountancy Slapped EY With a Huge Fine
A year and a half after the SEC announced a record $100 million fine against EY, the ghost of cheating past continues to haunt the firm. This time in the…
Layoff Watch ’23: EY Joins the Aussie Layoff Party, Now All Four Big 4 Firms Made Cuts This Year
A day after PwC Australia cut four percent of its workforce, EY Oceania made some cuts of its own. 232 people to be exact. That works out to more than…
Here Are Even More 2024 Accounting Salary Projections
Last month we took a look at the 2024 Robert Half Salary Guide to get an idea what public accounting salaries should be in the range of next year, today…
Layoff Watch ’23: PwC UK Needs a Few Hundred People to GTFO
Financial Times reported late yesterday that the King's PwC will cut up to 600 jobs but first they're going to try to get that many people to leave voluntarily. The…
List of the Day: The Accounting Firms on the 2024 Vault 100 Best Internships List
Another day, another list, another instance of us typing "another day, another list." The list-making powerhouse that is Vault released their 2024 100 Best Internships ranking and while it isn't…
From Felon to Firm Owner: A Redemption Story
Scott Scarano is not your typical accounting firm owner. With his hip-hop hats, silver chains, and rapper persona, he looks more like a SoundCloud artist than a buttoned-up businessman. Yet…
List of the Day: These Are the Firms on the 2023 MOVE Project Best CPA Firms for Women List
The Accounting & Financial Women's Alliance and Accounting MOVE Project have released their Best Firms for Women list and while some names might prompt a hearty who?? from the audience,…
Research: A Majority of CFOs Face Significant Talent Shortage and Burnout of Existing Staff
It's not even worth coming up with a smarmy clickbait headline for this press release Avalara put out yesterday, it's perfect just the way it is: Avalara Survey Finds Majority…
10 Essential Project Management Principles for Accounting Firms
Every accounting firm struggles with project management, with smaller practices that are rapidly expanding taking the brunt of the damage. As your firm adds new clients, takes on more work,…
Deloitte Survey Finds Zoomers Are 3x More Likely to Fall For Scams Than Boomers So Why Don’t More of Them Work at Deloitte
Buried in the fourth annual Connected Consumer survey announced Wednesday by Deloitte is a concerning figure: Gen Zs were more than twice as likely as boomers to have their social…
6 Ways Email is Secretly Destroying Your Accounting Firm
Email: The word itself sounds innocent, doesn't it? Kind of like "snail mail," but faster, sleeker, and without the slimy trail. But don't be fooled—email is secretly a sinister beast,…
Research: The Talent Shortage is Starting to Take Its Pound of Flesh From Corporate Tax Departments
This morning, Thomson Reuters released new research that reveals both corporate tax and global trade departments state they are under-resourced for technology and talent. This, naturally, is increasing risk in…
Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you're here, subscribe to our newsletter to…
These 10 Tips for Successful Accounting Firm Recruitment Aren’t Terrible At All
Thomson Reuters put out a quick guide on recruiting accounting talent in current year based on responses gleaned from their 2023 State of the Tax Professionals Report and you know…
Friday Footnotes: KPMG Pays High Schoolers 20 Bucks an Hour; Deloitte Cyberattacked Too; IRS on ERC | 7.28.23
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you're here, subscribe to our newsletter to…
Friday Footnotes: Ex-Deloitte Partner Stole Military Documents on His Way Out; KPMG Reveals Its Partnership Deed | 7.21.23
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you're here, subscribe to our newsletter to…
Friday Footnotes: EY Pulls Out of Winston-Salem; Clients Exposed in Data Breach; Deloitte Olympians | 7.14.23
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you're here, subscribe to our newsletter to…
Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you're here, subscribe to our newsletter to…
Y’all Probably Need to Cool It on Sharing Exam Answers For the Time Being
SEC Chief Accountant Paul Munter was interviewed by WSJ's Mark Maurer the other day and his comments about firm culture are worth paying attention to if you've been tempted to…
Top Remote Accounting Freelancers: December 7, 2023
Looking to staff up for a season or hire a freelancer for a project? Accountingfly is ready to partner with you! Gain full access to a pool of highly skilled…
Making the Jump to Industry Might Be Harder to Do Next Year Per This CPA Survey
Well it was nice while it lasted. According to the the fourth-quarter AICPA & CIMA Economic Outlook Survey, inflation has once again taken the top spot for things that keep…
Why Is Everyone Chattering About KPMG Acquiring Rothstein Kass?
Over the weekend, we began hearing rumors of a KPMG/Rothstein Kass merger. Rather, a somewhat upset individual sent us this:As discussed and expected in the 2013 layoffs thread here about…
Here’s Your Open Thread for EY Compensation Discussions (2015)
There's been a steady stream of tips coming in for the last week about EY comp discussions starting today and we understand that people are anxious.Here's how one tipster put…
Here’s Your Open Thread for EY Compensation Discussions (2014)
Yes, we know this is early but the natives are getting restless, as evidenced by our inboxes:EY compensation and promotion talks have began in the NY areaWe reached out to…
Here’s Your Open Thread for EY Compensation Discussions (2013)
The time has finally come for employees of all Black and Yellow stripes to discuss their financial satisfaction (or lack thereof) for this year. There's seems to have been quite a…
Tim Ryan Got Hit With a Pie
...for charity. It was an honor to volunteer for a great cause at the Pie A Partner event in Washington, D.C. earlier this month!Whether we volunteer or donate, I encourage…
EY’s Pushing Start Dates Back…Again
As reported by Financial Times and amplified by people with offers freaking out on Reddit, EY is pushing start dates back for new hires in advisory. Again. FT: The Big…
The PCAOB Is Stoked Congress Gave Them Permission to Pick On China Now
Oh look, the PCAOB snagged more big fish: $7.9 million in total fines against three China-based firms and four individuals in "historic settlements." Whoop-de-doo. Imposing $7.9 million in fines, the…
Top Remote Accounting Freelancers: December 7, 2023
Looking to staff up for a season or hire a freelancer for a project? Accountingfly is ready to partner with you! Gain full access to a pool of highly skilled…
Top Remote Accounting Candidates: December 7, 2023
Are you struggling to hire remote accountants, CAS, auditors, or tax professionals right for your firm or internal team? Accountingfly is ready to partner with you! Gain full access to…
10 Essential Project Management Principles for Accounting Firms
Every accounting firm struggles with project management, with smaller practices that are rapidly expanding taking the brunt of the damage. As your firm adds new clients, takes on more work,…
6 Ways Email is Secretly Destroying Your Accounting Firm
Email: The word itself sounds innocent, doesn't it? Kind of like "snail mail," but faster, sleeker, and without the slimy trail. But don't be fooled—email is secretly a sinister beast,…
Y’all Probably Need to Cool It on Sharing Exam Answers For the Time Being
SEC Chief Accountant Paul Munter was interviewed by WSJ‘s Mark Maurer the other day and […]
Top Remote Accounting Freelancers: December 7, 2023
Looking to staff up for a season or hire a freelancer for a project? Accountingfly […]
Making the Jump to Industry Might Be Harder to Do Next Year Per This CPA Survey
Well it was nice while it lasted. According to the the fourth-quarter AICPA & CIMA […]
Top Remote Accounting Candidates: December 7, 2023
Are you struggling to hire remote accountants, CAS, auditors, or tax professionals right for your […]
Ruh-Oh, Something Bad Happened to CohnReznick’s Network (Allegedly)
Tip time! CohnReznick’s network is apparently contaminated and the firm has warned employees not to […]
Research: Big 4 Dads Still Aren’t Embracing Paternity Leave
TLDR summary of this article from ChatGPT: Big 4 accounting firms introduced paternity leave in […]
Zoomers Have Figured Out Early That Being a Manager Sucks
It seems Gen Z wants nothing to do with the management hamster wheel. Good for […]
Science Has Finally Explained Why Accountants Are Good With Numbers: Because They’re Cynical and Negative
This explains so much. Researchers at the University of Bath have found that excessive optimism […]
Layoff Watch ’23: EY Is Cutting Another 150 People in the UK
In April of this year, practically moments after the Project Everest split was deemed unfeasible […]
Quote of the Day: ‘The Message Conveyed is That Firms Will Work You to Death with Minimal Pay Increases’
Check out this brutal honesty in CPA Journal today: The message conveyed is that firms […]
Monday Morning Accounting News Brief: EY’s Audit AI May or May Not Be Impressive; Putting New Hires to Work | 12.4.23
Morning! Here’s some news I scraped up, kinda dead out there. Bloomberg talks about Big […]