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According to KPMG, ‘A Majority’ of People Would Take a Pay Cut If It Meant Working With Friends

No joshin', that's what they said their Friends at Work 2.0 survey said: In a new report and analysis, KPMG, the U.S. audit, tax and advisory firm, finds the majority…

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exterior of PwC building with logo

Gordon Bennett! PwC UK Had a Bad Year

The good news is partner pay is up. Oh but they had to do some layoffs. Sorry, grunts. PwC UK reported revenue this week and they did so using thousands…

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guy who can't believe what he just saw in his inbox

KPMGers Act in a Normal Way When Informed Via Rambling Internal Email That the Rapture Is Coming: “Does This Mean Busy Season Is Off?”

"Our energy is feeding Baal on this alter [sic] that is our office." A trainee accountant at KPMG in South Africa -- who was once an actress on a South…

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In Completely Predictable News, People Are Being Reported to Ethics For Certain Recent Social Media Posts

Saw this on r/Deloitte earlier and thought it would be good to share as a reminder that you guys might want to watch what you post on social media under…

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EY building with Mexican flag

EY Plants a New GDS Flag in Mexico City

Didn't notice this story getting a lot of traction, though to be fair it was just released yesterday. EY GDS (Global Delivery Services -- i.e. offshore and nearshore teams working…

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News

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friends in a tub

According to KPMG, ‘A Majority’ of People Would Take a Pay Cut If It Meant Working With Friends

No joshin', that's what they said their Friends at Work 2.0 survey said: In a new report and analysis, KPMG, the U.S. audit, tax and advisory firm, finds the majority…

Read More
little kitten blep

Monday Morning Accounting News Brief: India Inches Closer to Making Its Own Big 4; Andersen Going Public | 9.22.25

Hey and good morning. Got a little news for you, just a little. We've been following this, um, situation? Development? Thing that may or may not happen? Whatever, we've seen…

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Friday Footnotes: DEI Comes Back to Bite Deloitte; No Tax On Tips Does Not Include OnlyFans, Illegal Activity (Boo) | 9.19.25

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…

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exterior of PwC building with logo

Gordon Bennett! PwC UK Had a Bad Year

The good news is partner pay is up. Oh but they had to do some layoffs. Sorry, grunts. PwC UK reported revenue this week and they did so using thousands…

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BDO logo sign on exterior of building

Layoff Watch ’25: BDO Begins Layoffs in Assurance

We're told from multiple sources that BDO has begun layoffs in audit today, don't have numbers for you at this time but are actively trying to hunt down more details.…

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Technology

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EY building with Mexican flag

EY Plants a New GDS Flag in Mexico City

Didn't notice this story getting a lot of traction, though to be fair it was just released yesterday. EY GDS (Global Delivery Services -- i.e. offshore and nearshore teams working…

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huge ship on the water

Big 4 Might Have Trouble Winning the AI Race

Yesterday we published a story about an AI-powered tax startup that received $10 million in venture capital on top of the $4.5 million they'd already raised to build their vision…

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An ‘AI-Powered Tax Firm’ Just Secured $10 Million in Capital

We've been saying for months that the current era of money being thrown at accounting firms and all these capital-fueled AI "firms" popping up reminds us so much of the…

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Generative AI apps on a phone screen

ChatGPT Is Doing Performance Reviews and Deciding Layoffs Now

According to a recent Resume Builder survey that tapped 1,342 US managers with direct reports to find out how many of them are using AI to determine who gets promoted…

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Businessman holds pile of office papers and documents.

Microsoft 365 Users Are Inexplicably Abusing Reply All in 2025, Sitting Through Too Many Meetings

The last time we covered the Microsoft Work Trend Index report was two years ago when they crunched Microsoft 365 data and discovered that Teams is the biggest productivity killer…

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Practice Management

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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…

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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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crying woman who has to pay more for accounting services next year

Firms Are Raising Their Fees and Killing the Billable Hour For Good in 2026

Time to refresh this image we used last time we wrote about Ignition's US Accounting and Tax Pricing Benchmark report. Unsurprisingly, firms surveyed by Ignition are once again planning to…

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Top Remote Tax and Accounting Candidates of the Week | August 28, 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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Top Remote Tax and Accounting Candidates of the Week | August 14, 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 alone—and…

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Quick Reads

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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,…

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Guy with a migraine surrounded by work

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…

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sorry we're closed sign in business window

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…

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an office trash can with paper

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…

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screenshot of an IRS system outage warning

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…

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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…

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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,…

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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,…

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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…

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