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Breaking News
- 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
Chief Operating Officer Punted From the Partnership Post-Audit Scandal Sues KPMG
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
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
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
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
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…
Tuesday Morning Accounting News Brief: Hedge Fund Audit Earns Deloitte a Lawsuit; Auditor Rotation Not Popular Idea With Big 4 | 9.8.26
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
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
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
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
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…
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…
Audit Leaders Currently in the “Throw AI at the Wall and See What Sticks” Phase
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)
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
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…
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…
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…
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AICPA Pushes Back on IRS Suggesting CPAs Should Charge Less If They’re Using AI
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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…
SNL is turning 40
I dare say that most of us went through a period – probably in middle […]
A Few Law Schools Come to Their Senses, Start Offering Accounting Boot Camps
“Lawyers, because they work for and with business people, think that they’re good at business. Lawyers are NOT good business people.”
You Should Totally Brag About Being a CGMA on LinkedIn
In a shameless attempt to further the CGMA brand and perhaps lend it much-needed credibility, […]
Accounting News Roundup: A Clucked Up Audit; Audit Committees Still Worried; CPA No More | 02.13.15
Utah Firm Settles SEC Accounting Case Over Chinese Poultry Company [WSJ]A Utah accounting firm and […]
Nearly Half of Accountants Surveyed Hooked Up With a Colleague
Who says accounting isn't sexy? According to 2,274 total respondents to Vault's Office Romance Survey, […]
When Is the Right Time to Start Your Own Accounting Firm?
Every once in awhile we like to discuss the prospect of accounting firm startups. That […]
#TBT: In Case You Hadn’t Heard, PwC Has Been Counting Oscar Ballots for Awhile
Did you know? Harold Brewster was 1st #PwC balloting leader 1935-41 (seated, left) http://t.co/vXVGPTRFPk #Oscars […]
Accounting News Roundup: Auditors Lobbying on Accounting; Blaming Intuit for TurboTax Fraud; Pushing the Limits on ‘Business Casual’ | 02.12.15
Auditor Lobbying on Accounting Standards [Working Knowledge/HBS]Some light academic reading on auditor lobbying. From the […]
Interruptions at the Office: Good or Bad?
Are you one of those hyper-focused people who can concentrate on any given task and […]
Which actor would you most like to hear perform a dramatic reading of accounting rules or the IRC?
Would you want someone like Ian McKellan or Patrick Stewart? Christopher Walken? Oscar Isaac? Or, for […]