With one firm's CEO announcing his retirement and another firm taking it on the chin […]
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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ANR: Bill Gates Proposes Tokens & Robots Tax • Chilly Days For Consulting Ahead • Trump’s Former Accounting Firm Handing Over Records - https://mailchi.mp/accountingfly/bill-gates-proposes-tokens-and-robots-tax-chilly-days-for-consulting-ahead-trumps-former-accounting-firm-handing-over-records
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…
Accounting News Roundup: New York Nails PwC with $25M Fine, 2-Year Ban; Blamess Auditors; Insecure Company Issues Press Release | 08.18.14
Bank Overseer PwC Faces Penalty and Sidelining of Regulatory Consulting Unit [DealBook]Ben Lawsky lays into […]
Uncategorized
Footnotes: Joe Echevarria Retiring; The Too Smart Staff Person; Email Is the Best | 08.15.14
Deloitte CEO Joe Echevarria to Retire to Pursue Life in Public Service Mr. Echevarria has been […]
Here’s Further Proof That Accounting Firms Need a Charge Code for “Wasting Time on Internet”
Okay, maybe some of you don't count the r/accounting subreddit as "proof" but that doesn't […]
Uncategorized
Crony Links: Big 4 Turnover; Dealing with Time Pressure; How Connected Are You?
Links will keep us together. Open Items Reasons for high turnover at Big 4 AccountingWEB Constant Time […]
The Possibility Remains the FASB Could Turn Their Simplification Initiative Into a Giant Charlie Foxtrot
Accounting rules are complex. It is known. The Financial Accounting Standards Board, in an effort […]
Help Me Choose Between EY and Deloitte
Here's a career conundrum from the mailbag: Hello, I am going into my senior […]
Accounting News Roundup: Suitors of Chiquita Are Second Banana to Inversion; Accounting Trouble at Alibaba; How ISIS Uses Taxes | 08.15.14
Chiquita Rejects Unsolicited Offer and Will Proceed With Inversion [DealBook]Cutrale Group and the Safra Group […]
Footnotes: PwC Gets Into the Law Business; The Bongs’ Great Idea; Post This | 08.14.14
Diversity of services key in changing accounting industry This will definitely end well [WCBJ] Atlanta […]
Twitter’s Latest 10-Q Is a Perfect Example of Why No One Wants New Lease Accounting
We all know Twitter — like a lot of "successful" tech companies — isn't exactly […]
Do You Work a Secret Second Shift Job at Home?
Are you one of the chosen few picking up extra hours on the side? I'm […]
#TBT: The XYZ Credential Was the CGMA of Its Day
I don't know about you but back in 2001, the last thing I cared about […]