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June 5, 2023

When accounting goes unaccounted for

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Friday Footnotes: More Bad News for PwC; Firm Leader Says AI Will Get People Back in the Office | 6.2.23 Bonus Season Is Not Looking Good at the King’s KPMG Promotion Watch ’23: EY Promotes 966 to Partner, Missing Last Year’s Record of 1033 Kill the Audit Industry, Says Ex-Auditor KPMG Gets Sued, Accused of Allowing Pirate-Like Activity at Credit Suisse
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‘Dear friends at the FASB: I am concerned that you good folks have lost touch with reality’

by Caleb Newquist

Today, in cheeky comment letters to accounting rulemakers.

FASB Letter_good Folks

Today, in cheeky comment letters to accounting rulemakers.

FASB Letter_good Folks

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Friday Footnotes: More Bad News for PwC; Firm Leader Says AI Will Get People Back in the Office | 6.2.23

by Going Concern News Desk

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 get the week’s top stories in your inbox every Tuesday and Friday. Bye. Technology AI threat will motivate workers to return to the office, says […]

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Bonus Season Is Not Looking Good at the King’s KPMG

by Going Concern News Desk

According to reporting across the pond (including this story from City A.M. we shall be quoting in a moment), KPMG UKers are not going to have a fruitful bonus season due in large part to a slowdown in business. KPMG has slashed the bonus pool of its UK workforce and reined in commission for salespeople […]