Hating the IRS is as American as baseball and capital punishment. This almost universal derision […]
- Tuesday Morning Accounting News Brief: Hedge Fund Audit Earns Deloitte a Lawsuit; Auditor Rotation Not Popular Idea With Big 4 | 9.8.26
- Friday Footnotes: CFOs Are Getting Younger These Days; AI Pushes One Firm to Hire, Keeps Audit Fees Down | 9.4.26
- Chief Operating Officer Punted From the Partnership Post-Audit Scandal Sues KPMG
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View AllChief Operating Officer Punted From the Partnership Post-Audit Scandal Sues KPMG
- Going Concern News Desk
- September 3, 2026
The former chief operating officer and audit partner who said at a parliamentary hearing last month that she didn't recall stuffing confidential documents in her personal locker is now suing…
Big 4 Climate Activism Has a Pretty Convenient Revenue Stream, Say 16 State AGs in Tedious Letter to Firms
- Going Concern News Desk
- September 2, 2026
The attorneys general of 16 states have written a long strongly worded letter to Big 4 firms (and CC'd the SEC) warning them that the firms' climate commitments and willingness…
EY Is Rolling Out Nebulous New Rewards
- Going Concern News Desk
- September 1, 2026
After EY's 2026 compensation and promotions left more than a few EYers feeling shafted, the firm is reaching into its pockets in what it's calling "a bold shift in how…
Deloitte’s DEI Goals Ended Up Slightly More Expensive Than Anticipated
- Adrienne Gonzalez
- August 26, 2026
Yesterday the Department of Justice announced a False Claims Act resolution with Deloitte, who have agreed to pay the United States $21.5 million to resolve allegations that they violated the…
After Consulting Takes a Double-Digit Revenue Hit, KPMG Australia Cuts Workforce By 5 Percent
- Going Concern News Desk
- August 25, 2026
As of the end of July, the rumor was that KPMG Australia would be letting go of as many as 1,000 people and a few dozen partners as it cleans…
News
View AllTuesday Morning Accounting News Brief: Hedge Fund Audit Earns Deloitte a Lawsuit; Auditor Rotation Not Popular Idea With Big 4 | 9.8.26
- Adrienne Gonzalez
- September 8, 2026
Good morning! I trust you enjoyed your three day weekend if you got one and are not wearing any white button-downs today regardless. Let's get to some news. In this…
Friday Footnotes: CFOs Are Getting Younger These Days; AI Pushes One Firm to Hire, Keeps Audit Fees Down | 9.4.26
- Going Concern News Desk
- September 4, 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…
Chief Operating Officer Punted From the Partnership Post-Audit Scandal Sues KPMG
- Going Concern News Desk
- September 3, 2026
The former chief operating officer and audit partner who said at a parliamentary hearing last month that she didn't recall stuffing confidential documents in her personal locker is now suing…
Monday Morning Accounting News Brief: Some Messy Stuff Coming Out From Under KPMG’s Rug; Baby Consultants Expected to Show Their Faces | 8.31.26
- Adrienne Gonzalez
- August 31, 2026
Yo. Got a few things for you this morning. In this news briefThat's Some Real Dirty DirtWell, There's the Reputational Damage Too Ya KnowChilly Days For Consulting AheadEY Thinks WFH…
Friday Footnotes: Salaries Are Slipping at the Staff Level; PwC International Not Off the Hook in Evergrande Lawsuit | 8.28.26
- Going Concern News Desk
- August 28, 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…
Technology
View AllBill 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…
Audit Leaders Currently in the “Throw AI at the Wall and See What Sticks” Phase
- Going Concern News Desk
- August 11, 2026
Gartner has released some numbers on AI usage they harvested from audit professionals and the headline figure shouldn't surprise anyone: only 7% of those surveyed report they aren't using AI…
EY’s Latest Data Breach Comes With a Fun New Game: Guess the Client (UPDATE)
- Going Concern News Desk
- July 30, 2026
Ed. note: This article was originally published on July 23, 2026. It was updated on July 30, 2026. Just as EY was moving on from the 2023 MOVEit data breach…
Big 4 Firm With AI Quotas Unironically Explains Why AI Quotas Are Such a Terrible Idea in Latest Survey
- Going Concern News Desk
- July 9, 2026
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…
Practice Management
View AllFor 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…
Top Remote Tax and Accounting Candidates of the Week | September 25, 2025
- Liz Branch
- 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…
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AICPA Pushes Back on IRS Suggesting CPAs Should Charge Less If They’re Using AI
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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 AllTop 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,…
Don’t Grow Your Accounting Firm Out of Business! Break Up With These Unscalable Practices Now
- GoingConcern
- September 7, 2023
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…
Spilling Beans on Bean Counters
- Caleb Newquist
- April 6, 2015
We don't know what we don't know. Until someone tells us! Large accounting firms are […]
Process of Applying to Taking the CPA
- intern575757
- April 6, 2015
So I am planning on taking the CPA exam as a candidate for Georgia and […]
Opening Day, Accounting Career Edition
- Paul Gillis
- April 6, 2015
Today we welcome back Paul Gillis, best known for his China Accounting Blog. He is […]
Accounting News Roundup: Florida’s Lawsuit Against Deloitte; PKF Hawaii Partner in Big Trouble; Naming Emotions at Work | 04.06.15
- Caleb Newquist
- April 6, 2015
Trial begins in state's $850-million suit vs. Deloitte [TD]Claims from the damages from eight hurricanes […]
Doing Bookkeeping and Tax Work at Home
- Jellybean
- April 4, 2015
I am a CPA mom with 3 school age children. I was a Fund Accounting […]
Footnotes: PCAOB Sanctions Five Auditors; Work/Life Is a Joke; Soft Sexism at the Office | 04.02.15
- Caleb Newquist
- April 2, 2015
That's it for us this week. Enjoy a long weekend if you can and we'll see you […]
We Learned Some Interesting Things From This Interview with a Former Accounting Firm CFO
- Caleb Newquist
- April 2, 2015
CFO published a couple of Q&As with Michael Barton, the CFO of global law firm Goodwin […]
Lynn Tilton vs. SALY
- Leona May
- April 2, 2015
During my first year, the firm sent me on a solo engagement to audit a bundle of Collateralized Loan Obligations (CLOs) that a client was preparing to sell. I’d never worked on that client or in that industry, and I’d never heard of a CLO before. The manager gave me a crash course on CLOs over lunch and told me, “Just follow what they did last year.”
Going Concern March Madness: The #BusySeasonProblems Championship — Deteriorating Mental Health vs. That Voice Inside Your Head
- Caleb Newquist
- April 2, 2015
Here we are. After hashing through 62 other busy season problems, we've arrived at the […]
Who really cares about the B4?
- rollforwardauditor
- April 2, 2015
I just received an offer from a top 10 accounting firm just after interning this […]
Anyone ever flip out on someone else at work?
- kissmyirish
- April 2, 2015
With reporting deadlines around the corner/last week's corner, tensions have been running particulary high around my […]
