Quick note: there will be no news brief next Monday, we are out for the […]
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Hackers Have Apparently Stolen a Whole Lot of PwC Homework
Oh no, hackers have swiped oodles of slides! PwC has confirmed that a third-party vendor it uses for employee records has been breached after a "cyber extortion group" said they…
PwC Ekes Past EY With $60.2 Billion in Reported Global Revenue
Wow, Big 4 are really rushing out revenue numbers this year aren't they? First we got Deloitte in late September, EY two weeks later, and now PwC has just dropped…
KPMG Australia Has Made a List of Things It Probably Should Have Done Already
...such as "support whistleblowers" and "punish people who do stuff that will give Australian Financial Review an easy 9 months of negative headlines." So KPMG Australia is still in its…
EY Didn’t Do Too Bad Last Year
Shortly after Deloitte released their 2026 revenue numbers on September 24, EY had some numbers of their own, announcing $57 billion in global revenue last week. Notably, they edged out…
The King’s Deloitte Got Hit With a £6 Million Fine and a Homework Assignment For Questionable Auditing
The Financial Reporting Council announced £6 million (nearly $8 million USD) in sanctions against Deloitte UK today and honestly, this client sounds like a mess. But messy clients are what…
Hackers Have Apparently Stolen a Whole Lot of PwC Homework
Oh no, hackers have swiped oodles of slides! PwC has confirmed that a third-party vendor it uses for employee records has been breached after a "cyber extortion group" said they…
Monday Morning Accounting News Brief: Deloitte In Trouble Again For AI Slop Report; Don’t Embezzle to Tip Livestream Girls | 10.26.26
Good morning, capital markets servants. Some news, if you please. In this news briefIt's Good to Be the BossOh Hey, KPMG Got a #1Deloitte Struggles With MathTax Court Isn't InfallibleCitizen…
Friday Footnotes: Internal Auditors Are All In on AI; KPMG Australia Takes a Few More Ls | 10.23.26
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…
PwC Ekes Past EY With $60.2 Billion in Reported Global Revenue
Wow, Big 4 are really rushing out revenue numbers this year aren't they? First we got Deloitte in late September, EY two weeks later, and now PwC has just dropped…
Monday Morning Accounting News Brief: Deloitte Starts the Week With Layoffs; AI Agent Audits Are Here | 10.19.26
Hey. 10/15 is behind us and we're officially a month out from GTA 6, life's good eh? Have a little news as a treat. In this news briefOh Goodie, More…
Hackers Have Apparently Stolen a Whole Lot of PwC Homework
Oh no, hackers have swiped oodles of slides! PwC has confirmed that a third-party vendor it uses for employee records has been breached after a "cyber extortion group" said they…
Bill Gates Predicts AI Will Be Taking Clients’ Most Tedious Questions 24/7 Within a Few Years
Did you catch Bill Gates' recent chat with Ezra Klein? I didn't, thankfully my washed colleague regularly reads NYT and sent it to me via Slack. Many people are stuck…
The AICPA Wants Tax Pros to Take a Hit From Its New AI Risk CART
Rather than dropping a strongly worded letter on the topic of the IRS's position on AI in tax practice and dropping the topic there to focus on other pressing matters,…
Deloitte Survey: A Lot of People Are Using Clandestine AI at Work
As corporations everywhere shove AI down our throats and businesses wrestle with the conflict between rushing to integrate AI to not be left behind and having to pay for it…
Bill Gates Proposes a Tokens and Robots Tax
Bill Gates has written a loooong essay on AI covering all sorts of things from potential benefits to immediate concerns. Feel free to read the whole thing if you'd like,…
Finance Leaders Are Shopping for a CAS Partner, and They Brought a List
Cash flow, automation, fraud protection. Your firm can deliver all three. Finance leaders would like some help with the accounting. Not a little help, either. BILL asked 354 finance decision-makers…
Expense Management: Because Apparently Clients Will Pay You to Make Expense Reports Suck Less
Spend and expense management is one of the most in-demand CAS services—and one of the most underutilized. There’s still plenty of room to get into the game. Clients are drowning…
For Firms, Growth is Down But Profitability Is Up
That's the headline from INSIDE Public Accounting based on the results of their 2026 Practice Management Report: The report draws on survey responses from 605 North American accounting firms, spanning…
AICPA Pushes Back on IRS Suggesting CPAs Should Charge Less If They’re Using AI
Back in June the IRS Office of Professional Responsibility (OPR) issued its first solid AI guidance in the form of a bulletin titled Introductory Guidelines for Responsible AI Use in…
Top Remote Tax and Accounting Candidates of the Week | October 16, 2025
Struggling to Find Remote Accounting or Tax Talent? We’ve Got You Covered.If your firm or internal team is having a tough time sourcing qualified remote tax and accounting professionals, you're…
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Microsoft wants to replace 60,000 employees with AI when they can’t even get Teams to recognize that I’m still working just because I haven’t moved my fucking mouse in 3 minutes.
In today's news brief:
- An accounting manager used company money to tip e-girls
- Deloitte continues to struggle with AI slop and also math
- A local worried about his town's finances is surprisingly informed when it comes to accounting firm mergers
Normalize cutting the tension in a meeting by ending it with, “We’re all gonna die one day, so none of this really matters.”
Here Are Tax and Audit Salaries at Top 25, Top 300, and Regional Firms
Recruiting firm Brewer Morris has released its 2025 US CPA salary guide and should you want to read the whole thing you can request it from them here. Perhaps you,…
Friendly Reminder Not to Work Yourself to Death For This Profession
Saw this on the bird app yesterday and thought its message would be worth passing along what with 20 days remaining until April 15 and nerves as strained as ever…
Accounting Firm Abruptly Nopes Out of Tax Season Early (UPDATE)
Ed. note: An earlier version of this article's headline stated the sheriff is investigating. The Alexander County Sheriff's Office informed us they are not investigating, only fielding calls from the…
This Deloitte Office Has Eliminated Trash Cans at Desks to Make Staff Get Up Off Their Asses
Boston Business Journal wrote an article about Deloitte's new office in Boston and for some reason they chose to lead with this: You won’t find trash cans at the desks…
The IRS Decided to Troll Tax Pros For 10/15
We realize the decision to run maintenance on IRS systems likely isn't made by anyone who understands deadlines but surely someone who does could inform the IT department of these…
Finance Leaders Are Shopping for a CAS Partner, and They Brought a List
Cash flow, automation, fraud protection. Your firm can deliver all three. Finance leaders would like some help with the accounting. Not a little help, either. BILL asked 354 finance decision-makers…
Expense Management: Because Apparently Clients Will Pay You to Make Expense Reports Suck Less
Spend and expense management is one of the most in-demand CAS services—and one of the most underutilized. There’s still plenty of room to get into the game. Clients are drowning…
Top Remote Accounting Freelancers: February 3, 2024
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…
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,…
Friday Footnotes: EY Money Troubles; Fast Food > Public Accounting; From Athlete to Associate; | 12.16.22
Big 4 EY Looks at Backup Plans on Split Amid Higher Costs, Slower Growth [Wall […]
Big Clients Bitch to Big 4 Firms About Audit Fees, Get Pissy About Partner Pay
Across the pond, audit fees are up (22% in four years) and apparently the companies […]
Mazars and Armanino Just Abruptly Stopped Working For Crypto Clients
Two things to share today. First, Mazars has “paused” crypto work effective immediately. Reports WSJ: […]
Carmine Di Sibio Will Be King of Advisory If EY Splits
It was 1985 when Italian-born Carmine Di Sibio joined EY as an auditor, 34 years […]
Grant Thornton is Trialing a “Nine-Day Fortnight” Schedule to Ease Burnout in Australia
In a profession already notorious for burnout, staffing crises continue to wreak havoc on the […]
No One Should Be Surprised to Learn FTX Used QuickBooks
Before the House Committee on Financial Services on Tuesday, recently-appointed FTX CEO John J. Ray […]
KPMG Pulled In a Kool $34.6 Billion in Global Revenue in FY 2022
Well, well, well, KPMG had a 14% increase in global revenue in its 2022 fiscal […]
PCAOB Chair Williams Reminds Us For the 1,000th Time She Is Sick of Auditors’ Bullsh*t
Another day, another scathing speech from PCAOB Chair Erica Williams. Today it’s from prepared remarks […]
Accounting Fraud Watch: Ex-Wirecard CEO’s Trial, Cronos Gets Smoked, Bad PR for Ex-PR Firm CFO
The Fall of Wirecard, a Tech Scandal That Rocked Germany, Reaches a Courtroom [New York […]
EY Dumbly Nixes Mid-Year Bonuses
On a Friday all-hands call, EYers learned not to expect a bonus from Santa this […]
Monday Morning Accounting News Brief: Living in Mom’s Basement; OnlyFans Tax Investigations; Finance vs. Accounting | 12.12.22
“I don’t care how messy your accounting is … you’re definitely going to notice if […]