It‘s been awhile since we paid attention to people leaving Grant Thornton for KPMG and […]
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View AllThe King’s Deloitte Got Hit With a £6 Million Fine and a Homework Assignment For Questionable Auditing
- Going Concern News Desk
- October 8, 2026
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…
Scandal-Embattled KPMG Australia Hits Up the Global Body to Borrow a Few Bucks
- Going Concern News Desk
- October 6, 2026
This information comes from Australian Financial Review so it's legit: KPMG Australia is seeking up to $100 million in emergency loans from the firm’s global network as well as a…
Deloitte Saw Another Year of Single-Digit Growth, a Respectable $74.5 Billion in Revenue
- Going Concern News Desk
- September 29, 2026
It's revenue season! Traditionally Deloitte is first to report and report they have: $74.5 billion in global revenue (unaudited). Last year, the firm was the first Big 4 to cross…
EY GDS Philippines Turns 11, Celebrates By Planning to Hire An Additional 2,000 People
- Going Concern News Desk
- September 22, 2026
EY's global delivery machine in The Philippines is marking 11 years this month and as a treat, they're apparently adding 2,000 more people to its roster of more than 6,000…
Revenue Is Down For the First Time in 17 Years But at Least Partners Got a Raise at PwC UK
- Going Concern News Desk
- September 17, 2026
Looks like offshoring and layoffs couldn't save the King's PwC from a revenue slump this year. The firm has just reported revenue of £6.2 billion (approximately $8.28 billion USD), a…
News
View AllFriday Footnotes: Accounting Education Could Use a Catch Up; Whistleblower Says IRS Leaked His Tax Records | 10.9.26
- Going Concern News Desk
- October 9, 2026
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…
The King’s Deloitte Got Hit With a £6 Million Fine and a Homework Assignment For Questionable Auditing
- Going Concern News Desk
- October 8, 2026
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…
Georgia Accountants Picked a Fight With Hunger and Won
- Adrienne Gonzalez
- October 7, 2026
Who wants a bit of good news? Algorithms would have you think the answer is NO ONE but we all know the real answer is EVERYONE. The Georgia Society of…
Scandal-Embattled KPMG Australia Hits Up the Global Body to Borrow a Few Bucks
- Going Concern News Desk
- October 6, 2026
This information comes from Australian Financial Review so it's legit: KPMG Australia is seeking up to $100 million in emergency loans from the firm’s global network as well as a…
Monday Morning Accounting News Brief: KPMG Learns It’s Good to Have Friends in High Places; One Step Closer to Robots Taking Over | 10.5.26
- Adrienne Gonzalez
- October 5, 2026
Good morning, capital markets servants. Hope you got some rest and are ready to tackle another exciting week of keeping the global financial system chugging along. In this news briefUh…
Technology
View AllBill Gates Predicts AI Will Be Taking Clients’ Most Tedious Questions 24/7 Within a Few Years
- Adrienne Gonzalez
- September 30, 2026
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
- Adrienne Gonzalez
- September 24, 2026
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
- Adrienne Gonzalez
- September 16, 2026
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
- Going Concern News Desk
- August 27, 2026
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,…
Firms (and Some Guy Obsessed With China) Have Weighed in on the PCAOB Turning an Eye to AI
- Adrienne Gonzalez
- August 12, 2026
The comment period for PCAOB Release No. 2026-005 Request for Public Comment on PCAOB Standard Setting has closed and when all was said and done, it racked up an unremarkable…
Practice Management
View AllExpense Management: Because Apparently Clients Will Pay You to Make Expense Reports Suck Less
- Going Concern
- September 15, 2026
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
- Going Concern News Desk
- September 10, 2026
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
- Adrienne Gonzalez
- September 9, 2026
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
- Liz Branch
- 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…
Top Remote Tax and Accounting Candidates of the Week | October 2, 2025
- Liz Branch
- October 2, 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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Been thinking about passing along token costs to clients.
We already pass along a lot. LeaseCrunch for the leases we maintain (billed with their audit fees), same for fixed asset software, plus mileage, meals, travel when we're on site etc.
We use an AI based 401k audit
Dear non-tax professionals:
If you use AI to formulate tax questions for your advisor, don't try to hide it. If you ask a hyper-technical question, we are likely to provide a hyper-technical response. You might end up more confused than when you started.
This timeline we live in is highly unserious
Bahahahahahhaah
Georgia Accountants Picked a Fight With Hunger and Won
Quick Reads
View AllHere Are Tax and Audit Salaries at Top 25, Top 300, and Regional Firms
- Going Concern News Desk
- April 11, 2025
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
- Adrienne Gonzalez
- March 26, 2025
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)
- Adrienne Gonzalez
- March 20, 2025
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
- Going Concern News Desk
- November 7, 2024
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
- Going Concern News Desk
- October 15, 2024
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…
Sponsored Content
View AllExpense Management: Because Apparently Clients Will Pay You to Make Expense Reports Suck Less
- Going Concern
- September 15, 2026
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
- Liz Branch
- 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
- GoingConcern
- October 5, 2023
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
- GoingConcern
- September 21, 2023
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,…
A Labor Shortage in Singapore Is Forcing Big 4 Firms to Cough Up Higher Salaries
- Going Concern News Desk
- July 20, 2022
Picture it. Singapore. 2022. Bloomberg reports: The Big Four accounting firms are showering staff with […]
Compensation Watch ’22: Does the New Equation Add Up to Better Raises For PwC Employees? (UPDATED)
- Going Concern News Desk
- July 20, 2022
[Updated original post from July 2 with new raise percentages for A2->S1, A3->S1, and S1->S2; […]
PwC Director Lets His Family Know He Probably Won’t See Much of Them on Their Family Beach Vacation (UPDATED)
- Adrienne Gonzalez
- July 20, 2022
This is so sad. This is almost as bad as the time Moss Adams boasted […]
Pittsburgh Man Acquitted of Manslaughter In the Death of Deloitte Consultant
- Going Concern News Desk
- July 19, 2022
A jury in Honolulu reached a not guilty verdict on July 11 in the manslaughter […]
This Firm Will Let You Leave Early on Friday (If You Have No Work)
- Going Concern News Desk
- July 19, 2022
IDK are we being overly cynical here or is this dumb? This feels a little […]
EYers Are Waking Up to Overdrafts This Morning Due to a Serious Payroll Snafu (UPDATED)
- Adrienne Gonzalez
- July 19, 2022
We’re learning this morning that folks at EY will not be getting lunchtime DoorDash today, […]
Rumor: Is Some Culture Drama Going Down at Grant Thornton?
- Adrienne Gonzalez
- July 18, 2022
We received a tip about a situation over at Grant Thornton that may or may […]
Monday Morning Accounting News Brief: Grant Thornton’s ‘Serious Failings’; PwC Won’t Split; IRS Zoom Calls? | 7.18.22
- Adrienne Gonzalez
- July 18, 2022
In an interview with the Financial Times, PwC’s Bob Moritz said that keeping audit and […]
Friday Footnotes: Sleazy PwC Partner Leaves; No You Can’t Claim a Boob Job; PCAOB Scholars | 7.15.22
- Going Concern News Desk
- July 15, 2022
PwC partner accused of rating female staff leaves firm [Australian Financial Review] A PwC partner […]
The KPMG Australia Cheaters Have Been Disciplined, Much Slapping of Wrists All Around
- Adrienne Gonzalez
- July 15, 2022
Back in May Australian Financial Review reported that 12 of the 422 KPMGers who took […]
Senior Managers Out of F*cks to Give Are Acting Up in Review Comments
- Adrienne Gonzalez
- July 15, 2022
Saw this on Reddit this morning, good thing I grabbed it before it got deleted […]
