Earlier this month a tipster pointed us to this November 8 article by Samfiru Tumarkin […]
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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…
Former Deloitte Lawyer Learns You Can’t Just Go Around Kissing People at Work Events (Allegedly)
Jassen Venkatasamy is in trouble before the Solicitors Regulation Authority, the regulatory body for registered solicitors (lawyers) in England and Wales, over an event that occurred last year at a…
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,…
Accountants on Why They’re Leaving: ‘The Hours Are Long and Unreasonable, Compensation Is Low’
“The number-one trend is that the candidate is in complete control…because the unemployment rate is lower in accounting and finance than it’s ever been.” That's a quote from a Robert…
Deloitte Exec With a Stupid Title Has a Tip to Make Your Resume Stand Out
Deloitte chief innovation officer Deborah Golden has been getting some press this past week, like this CNBC Make It piece on how she solves problems at work when she's stuck.…
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…
Don’t Grow Your Accounting Firm Out of Business! Break Up With These Unscalable Practices Now
Business growth is always a high priority for accounting firms, especially small-to-midsize practices. Take care, though, because growth can be a double-edged sword. If your firm expands too quickly or…
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: A Plea for More Accountants; Ex-Client Settles With Deloitte; BDO and Mazars Bomb Audits | 7.7.23
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…
If We Believe This Report, Talent Is No Longer Firms’ Number One Priority
According to the recently released Thomson Reuters 2023 State of the Tax Professionals Report [PDF], talent is no longer firms' most important priority. This is a significant shift from last…
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 2006, but a recent study finds that many fathers, especially in high-pressure environments like audit…
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 them. Business Insider shares the story of a few young people who took one look…
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 is actually associated with lower cognitive skills such as verbal fluency, fluid reasoning, numerical reasoning,…
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 due to infighting and too many loose ends, the King's EY boldly warned staff to…
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…
PwC Canada’s Sneaky Layoffs: ‘Leadership Lacks Empathy and Transparency’
Earlier this month a tipster pointed us to this November 8 article by Samfiru Tumarkin LLP, a Canadian law firm specializing in employment, labor, and disability law: PwC laying off…
Government Shutdown Would Mean ‘Dire Consequences’ to Taxpayers and Practitioners, Says AICPA to Treasury Threateningly
While some may think the AICPA's only purpose is blocking attempts to change CPA licensure rules for the better and distributing discount insurance offers to its members, there's another important…
KPMGers Across the Pond Will Not Be Having a Happy Christmas
Let's all take a moment to be thankful that things aren't as dire here at home as they are across the pond. For the moment. Financial Times reported on the…
Top Remote Accounting Freelancers of the Week: November 30, 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 of the Week: November 30, 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,…
Government Shutdown Would Mean ‘Dire Consequences’ to Taxpayers and Practitioners, Says AICPA to Treasury Threateningly
While some may think the AICPA’s only purpose is blocking attempts to change CPA licensure […]
KPMGers Across the Pond Will Not Be Having a Happy Christmas
Let’s all take a moment to be thankful that things aren’t as dire here at […]
It’s Official, All the Complaining Is Directly Contributing to the Pipeline Problem
AICPA CEO of Public Accounting and Going Concern favorite Sue Coffey swung by the Accounting […]
The 150-Hour Rule: A Case of Quantity Over Quality
Ed. note: the following was submitted as a letter to the editor by William Hahn, […]
Monday Morning Accounting News Brief: PwC Canada Admits to Layoffs; Why Audit? | 11.27.23
Hey. Hope everyone had a nice Thanksgiving. Get yourself something nice if you’re doing a […]
Friday Footnotes: KPMG UK Pay Freeze; PwC Canada Layoffs; EY Bailing on Office? | 11.24.23
Footnotes is a collection of stories from around the accounting profession curated by actual humans […]
Here Are Some Things to Read If You’re Hiding Out From Your Family Today
Happy Thanksgiving! To our non-American readers, we’re on a lazy schedule this week so our […]
BST & Co. Got Sick of Hounding Rudy Giuliani to Pay His Bill So Now They’re Suing Him
Clients are THE WORST. INSIDE Public Accounting Top 300 firm BST & Co. of New […]
273 Accountants Are More Satisfied With Their Job Than You’d Think
It turns out accountants are more okay with their lot in life than anyone thought. […]
The PCAOB Is Getting a Bigger Raise Than You
Hey the news is slow, let’s look at the PCAOB’s fiscal 2024 budget that the […]
Millennials Will Be Spending Like It’s 2019 This Holiday Season Per the Deloitte Black Friday Report
Someone who’s good at both math and Googling should tally up how many reports Deloitte […]