Good morning! It’s Monday, June 24, 2024 and this is your news in and around […]
Layoff Watch ’26: Deloitte Auditors Got Bad News This Week
We only just now saw this as we hadn't gotten any tips about it and happened to see it on Reddit. Contrary to popular belief, we don't spend all day…
Someone at Deloitte’s Atlanta Office Doesn’t Rerack the Gym Equipment
So I saw this tweet last night as it was making the rounds. If you're still on Xitter you may have seen it too: If you're a long-time GC reader…
Evergrande Liquidators Want to Take an Extra Grande Bite Out of PwC’s Whole Pocket
It's already cost PwC China as much as two-thirds of their revenue due to regulatory punishments and reputational fallout, and now the collapse of long-time audit client Evergrande in 2021…
EY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
Yesterday we received a news release from a communications firm working for a group called GPTZero. Now you should know that we receive probably a hundred or more news releases…
Layoff Watch ’26: KPMG Cuts 4% From Consulting
We've got another RIF at KPMG, a consulting cull that went down yesterday (that's Wednesday the 29th for those of you reading this a week from now). Let's start with…
Friday Footnotes: Supposedly AI Isn’t Killing Offshore Hiring Yet; KPMG Cozies Up to Claude | 5.22.26
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…
CBIZ Ends Its Employee Stock Purchase Program
We received this on the tipline a few days ago, not much info but it's still a pretty decent happening so let's roll with it: CBIZ suspends employee stock purchase…
Layoff Watch ’26: Deloitte Auditors Got Bad News This Week
We only just now saw this as we hadn't gotten any tips about it and happened to see it on Reddit. Contrary to popular belief, we don't spend all day…
Evergrande Liquidators Want to Take an Extra Grande Bite Out of PwC’s Whole Pocket
It's already cost PwC China as much as two-thirds of their revenue due to regulatory punishments and reputational fallout, and now the collapse of long-time audit client Evergrande in 2021…
Monday Morning Accounting News Brief: How About That Entry Level Job Market!; The Failed Client That Could Cost PwC $8 Billion | 5.18.26
Hey, you. Got a little news to get you started on this quiet Monday. In this news briefEY Settles a Matter That's Been Dragging OutThe Failed Client That Could Cost…
Starbucks Kills Off Its Automated Counting AI Tool After Just 9 Months Because It Sucked at Counting Beans
While people outside of the accounting profession continue to smugly insist that accountants will be out of work in 12 months 18 months two years five years any day now…
EY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
Yesterday we received a news release from a communications firm working for a group called GPTZero. Now you should know that we receive probably a hundred or more news releases…
KPMG Plans to Hand Routine Testing Off to AI
Did you happen to see this WSJ article from the other day? In "In This Critical Part of Audits, the Accountant’s Role Is Shrinking Fast," we're given a look into…
AI Will Be EY Auditors’ New BFF, According to EY
While staff in tax at EY US will soon be spending more time with their flesh-based colleagues due to a return-to-office mandate that requires them in the office for an…
ICYMI: According to This AI CEO You Won’t Have to Go to Work in a Year
Commence to fantasizing about what you'll do with all that glorious free time when you lose your job to AI in 12-18 months because that's the confident prediction made by…
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…
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Starbucks Kills Off Its Automated Counting AI Tool After Just 9 Months Because It Sucked at Counting
AI not yet as capable as first year audit associates
Exclusive: Starbucks terminated an AI program workers used for automating certain inventory counts this week, nine months after deploying it across its North American stores. More here - https://reut.rs/4uUyZQg
CBIZ Ends Its Employee Stock Purchase Program
For tax friends following Kwong case on Covid refunds, here is the latest from IRS. A limited concession on the 2020 deadlines but the big questions about 2020-23 remain.
https://www.irs.gov/pub/irs-aod/aod-2026-01.pdf
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…
Weekend Discussion: What, No Mention of the Long Hours?
We see you, Big Fast Food. Are y'all seeing this too? I get this type […]
Friday Footnotes: More Layoffs at KPMG; PwC Offers AI for Dummies; DEI Initiatives are MIA | 6.21.24
Footnotes is a collection of stories from around the accounting profession curated by actual humans […]
Top Remote Accountants of the Week | June 21, 2024
Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or […]
EY’s Vice Chair of Tax Says AI is Saving Professionals Up to 14 Hours a Week
14. That’s (up to) how many hours a week EY’s global Vice Chair of tax […]
Let’s Wish These 69 High School Students Good Luck as They Start a Summer Internship at a Top Ten Firm
CliftonLarsonAllen announced today that for the second year in a row, a group of high […]
AI’s Hype Phase is Dying and Fast
Well that was fast. Here we thought we’d get at least another year or two […]
Why’s There a Talent Shortage and How Firms Can Do Their Part to Fix It
Buckle up because we’re about to dive headfirst into the fiery pit of despair known […]
As Prophesied, the IRS Is Struggling to Hire All Those New Agents
Guess what? Those 87,000 armed goons new agents the IRS was authorized to hire thanks […]
Deloitte Survey: Management Thinks Everyone Is Doing Way Better Than They Actually Are
Deloitte has released their third Well-being at Work Survey and guess what? The workers aren’t […]
The Era of the Non-Equity Partner Is Upon Us
320%. That’s how much the number of non-equity partners at INSIDE Public Accounting Top 100 […]
Layoff Watch ’24: KPMG Australia Throws Out Babies and Bath Water in Consulting
As we know, it’s been a rough year and a half or so for consulting. […]