Most if not all current CPA exam candidates know this but for the rest of […]
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…
Scandal-Embattled KPMG Australia Hits Up the Global Body to Borrow a Few Bucks
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
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…
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…
Monday Morning Accounting News Brief: KPMG Might Be Moving in Chicago; Hope You Like Sales | 10.12.26
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
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
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…
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,…
Firms (and Some Guy Obsessed With China) Have Weighed in on the PCAOB Turning an Eye to AI
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…
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…
Twitter Feed
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
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,…
Pay Cut Watch ’20: Cherry Bekaert Is Slashing Salaries Between 5% and 15%
[Updated with additional information.] Cherry Bekaert is the latest midtier public accounting firm to tighten […]
Marcum Not Yet Ready to Pull the Trigger On Mass Layoffs
While some accounting firms in its weight class, like Crowe, Baker Tilly, EisnerAmper, and Wipfli, […]
BDO Poaches Someone From Deloitte and Issues a Press Release, Part II
People who know, know BDO … just L-O-V-E-S poaching the Big 4, especially in Canada. […]
Florida Governor Is Not Impressed with Deloitte’s Handiwork
“It was designed with all these different things, basically to fail, I think. This thing […]
Deloitte Poaches Someone From EY and Issues a Press Release, Part I
Unless it’s buried in the archive somewhere, it’s hard to believe that in the almost […]
BKD Poaches Someone From KPMG and Issues a Press Release, Part I
Before BKD CPAs & Advisors did a little housecleaning a week or so ago, the […]
Accountants Behaving Badly: PCAOB Fines CPA, Scammer CPA Pleads Guilty, CPA’s License Suspended
Plus, an accountant from India is accused of spewing hatred, and a Michigan tax preparer […]
Layoff Watch ’20: Did This Top 50 Accounting Firm Tell a Bunch of People Their Services Were No Longer Needed?
You might be wondering why I used a photo of Leo to go with an […]
Friday Footnotes: Indirect Rona Impacts; KPMG LOL; Hey, How Ya Holding Up? | 4.24.20
The indirect impacts of COVID-19 on CPA firms [Journal of Accountancy] In this megapost from […]
Layoff Watch ’20: Job Cuts Have Begun at Wipfli, Staff Pay Cuts Are ‘Last Resort’
Unfortunately here’s another top 20 accounting firm that we’ll be adding to our tracker of […]
(CONFIRMED) Layoff Watch ’20: Is One the Loneliest Number At This Top 15 Accounting Firm?
[Updated with additional information about job cuts at BKD CPAs & Advisors.] So since we […]