Blown audit opinions Yesterday we discussed PCAOB inspection reports and one question that remains unanswered, […]
EY’s Latest Data Breach Comes With a Fun New Game: Guess the Client
Just as EY was moving on from the 2023 MOVEit data breach in which more than 30,000 Bank of America customers may have had their personal information compromised, a fresh…
Note to PwC Partners: Don’t Tell Reporters You Plan to Divorce Your Wife to Hide Assets After an Audit Scandal
Welp there goes at least one PwC partner's plan to divorce his spouse to protect assets from Evergrande fallout. As covered by Bloomberg in June (and included in our 6.15.26…
Layoff Watch ’26: Big Cuts Are Coming at KPMG Australia
This just in from Financial Review: KPMG is preparing to cut hundreds of jobs and reduce partner pay by as much as 20 per cent, as the fallout from the…
Turns Out Firms Don’t Like It When You Offshore Yourself
A man fired from PwC Ireland for working in India when he was supposed to be in Dublin has lost his unfair dismissal case before the Workplace Relations Commission, a…
Big 4 Firm With AI Quotas Unironically Explains Why AI Quotas Are Such a Terrible Idea in Latest Survey
KPMG has released its AI Quarterly Pulse Survey for Q2 2026 and we're gonna have to be real with you, it's all over the place. Not the survey itself, just…
Friday Footnotes: Regulators Turn Their Eye to Offshoring; Auditors Ask “Is It Incompetence or Is It Fraud?” | 7.24.26
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…
EY’s Latest Data Breach Comes With a Fun New Game: Guess the Client
Just as EY was moving on from the 2023 MOVEit data breach in which more than 30,000 Bank of America customers may have had their personal information compromised, a fresh…
Grant Thornton Wants to Get Back on the Audit A Team
As Financial Times originally reported and we covered in early 2024, Grant Thornton UK got kicked off the esteemed top tier of the Financial Reporting Council's audit inspection targets in…
Treasury Says Cool It on the 351 Conversions
We're going to be entirely honest here, the strategies described in the Bloomberg article excerpted below are far beyond the pay grade of anyone around here but since some of…
Monday Morning Accounting News Brief: Baker Tilly Looking at Debt Markets; PwC Partners to Take Home More Than a Mil | 7.20.26
Good morning, capital markets servants. I hope you like private equity because that topic makes up the bulk of this week's stories. I'm kinda at the whim of whatever's fresh…
EY’s Latest Data Breach Comes With a Fun New Game: Guess the Client
Just as EY was moving on from the 2023 MOVEit data breach in which more than 30,000 Bank of America customers may have had their personal information compromised, a fresh…
Big 4 Firm With AI Quotas Unironically Explains Why AI Quotas Are Such a Terrible Idea in Latest Survey
KPMG has released its AI Quarterly Pulse Survey for Q2 2026 and we're gonna have to be real with you, it's all over the place. Not the survey itself, just…
Beware This Hot New Scam: LinkedIn Job Hunt Takes a Sharp Detour Into Attempted Bank Emptying
Saw this post on r/accounting and while I know some of you feel a certain type of way about using Reddit for "content" it felt important to pass along to…
In New AI Guidelines, IRS Politely Suggests You Not Make Up Sources Like Deloitte Did
The IRS sent out a bulletin yesterday and we're going to write about it because for once it's not about tedious tax stuff that our audience doesn't have the patience…
Deloitte Made the Creepy Digital Librarian From The Time Machine But For Golf
Have you seen the 2002 movie The Time Machine? If you haven't then the reference in the headline isn't going to make a lick of sense. Lucky for you YouTube…
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…
Top Remote Tax and Accounting Candidates of the Week | 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…
Top Remote Tax and Accounting Candidates of the Week | September 25, 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 | September 18, 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 | September 4, 2025
Struggling to Find Remote Accounting 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 not…
Twitter Feed
"Two auditors at Big Four firms told the FT they had felt there was an increasing reliance on offshore teams and raised concerns about the quality of the work those teams were able to produce."
Somewhere out there exists a CPA who has no problem getting the IRS on the phone, allegedly
@GringoElCamino @CollinRugg @Damnoldguy Don't you love getting attacked for telling the truth? LOL. Happens to me a lot on this platform.
I tried to call the IRS yesterday for a duplicate EIN letter and the system hung up on me due to "high call load". It's a joke. I also know that my CPA, who used to work for the
I personally know 4 business owners who have been scammed out +$50k each recently. Here’s the playbook:
- Thief pretends to be a vendor using very similar email address
- Monitor emails until a payment is due
- Ask to get paid a different way
- Payment gets wired and money
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…
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,…
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,…
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…
Starting Salaries for Accounting Positions Keep Going Up
If you're a college student studying accounting, prepare your gloat face. Starting salaries for accounting and finance positions are expected to go up 3%-4.3% next year according to Robert Half's new salary guide.
Accounting News Roundup: PCAOB Inspection Reports and Accountant Confessions | 08.31.16
PCAOB inspection reports The PCAOB released Deloitte's and PwC's inspection reports for 2015 yesterday. Deloitte's […]
California Competes Tax Credit
Does anyone have any information on whether this program has been a success? From what […]
Sponsored: Guidelines for Taking an Active Role in Your Performance Management
This is sponsored content brought to you by Armanino, an Accountingfly Firm Partner. For better […]
Accounting News Roundup: Apple Taxes, Fraud Motives, Disappearing Coffee | 08.30.16
EU vs. Apple The European Union has been investigating American corporations' tax arrangements with certain […]
New SEC Rules Have Made GAAP Great Again (in Press Releases Anyway)
For some time now, I've been featuring various worries by various people about non-GAAP reporting […]
Accounting News Roundup: PwC’s Settlement and EY Recruiting | 08.29.16
PwC's settlement On Friday we learned that PwC had had enough fun fighting the lawsuit […]
Is employee-manager gap common at all big four firms?
I am relatively new to one of the big four firms. After joining the team […]
Accepted FT offer, but want to interview for another position
Hey everyone, I am currently entering my last year of undergrad. I was an intern […]
PwC Has Had Enough Courtroom Fun
PwC is settling the lawsuit brought by the bankruptcy trustee of mortgage behemoth Taylor, Bean & Whitaker, putting speculation to rest that a verdict in the $5.5 billion lawsuit for the plaintiff could be the beginning of the end for the firm.