Remember way back in March when the world came to a stop and offices everywhere […]
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View AllEY Didn’t Do Too Bad Last Year
- Going Concern News Desk
- October 13, 2026
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
- 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…
News
View AllEY Didn’t Do Too Bad Last Year
- Going Concern News Desk
- October 13, 2026
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…
Monday Morning Accounting News Brief: KPMG Might Be Moving in Chicago; Hope You Like Sales | 10.12.26
- Adrienne Gonzalez
- October 12, 2026
Happy Columbus Day to those who celebrate, happy nondescript Federal holiday to everyone else. There are a few things going on today but it goes without saying that this will…
Friday 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…
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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Curious where general sentiment is here, as I think a lot of folks are afraid of being AI-cancelled
For US tax pros, if you're using an AI assistant that doesn't train your prompts into the model (business plans)
Do you think a signed 7216 consent to disclosure is required?
Idk if this was a gap in my knowledge or is commonly unknown. They certainly never did it at any of the 3 firms I worked at.
A Market Discount adjustment in a 1099-B is supposed to be recategorized as interest income.
Did you know this/do you do this?
IRS Employees Looked at Celebrities’ Tax Records, Report Says
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,…
How to Absolutely Kill It at Virtual Recruiting and Interviews
- Adrienne Gonzalez
- October 9, 2020
Becker CPA Review wants you to master virtual recruiting and interviews, here’s how you do […]
Friday Footnotes: Australia as Punishment; SEC Takes on GE; Some Generic Awards | 10.9.20
- Going Concern News Desk
- October 9, 2020
KPMG bank auditor avoids prison for ‘regulatory corruption’ [Reuters] A Manhattan federal judge sentenced former […]
Rejoice, CPA Exam Candidates, Your Fourth Score Release For the Second Half of 2020 Is Here
- Adrienne Gonzalez
- October 8, 2020
Chugging right along for what will no doubt be considered the worst recorded year in […]
Number of the Day: 1,114
- Adrienne Gonzalez
- October 8, 2020
That’s how many consultants Deloitte UK has deployed to work on a coronavirus contact tracing […]
Talent Crunch: There Are Far More CPAs in Korea Than Big 4 Firms Have Jobs
- Adrienne Gonzalez
- October 7, 2020
While we here in the good ole U.S. of A. are constantly talking about the […]
EY Changes Its Vacation Policy, Oh and BTW They’re Not Paying Out Accrued PTO If You “Leave”
- Adrienne Gonzalez
- October 6, 2020
In a nationwide email to staff today, EY announced that they’re tweaking their vacation policy. […]
Accountants Behaving Badly: Get a Load of This Clown
- Adrienne Gonzalez
- October 5, 2020
A Minnesota accountant was sentenced last week for stealing from his client and is now […]
Friday Footnotes: Marcum Gets Slapped; FASB Foot-Dragging; PwC Makes a Promise | 10.2.20
- Going Concern News Desk
- October 2, 2020
FASB Further Delays Accounting Rule on Insurance Contracts [Wall Street Journal] The rule maker, which […]
Happy Birthday, Microsoft Excel!
- Adrienne Gonzalez
- October 2, 2020
Thirty-five years ago this week, Microsoft Excel was born. Which means if you were born […]
What To Do If You Think You’re About To Be Fired
- Adrienne Gonzalez
- October 1, 2020
With the news this week that KPMG trashed a bunch of its workforce cuz Rona […]
Let’s All Shed a Tear For Deloitte Partners In the U.K.
- Jason Bramwell
- October 1, 2020
Sadly, Deloitte partners are probably going to have to put off buying that new McLaren […]
