Statement From KPMG Chairman & CEO John Veihmeyer [KPMG]KPMG LLP Chairman and CEO John Veihmeyer […]
Breaking News
- Apparently Shouting “Promote Me! Promote Me!” in a Partner’s Face Can Get You Promoted at Deloitte
- Monday Morning Accounting News Brief: You Can’t Spell Audit Without AI; An Elaborate Scheme to Defraud the Air Force | 4.6.26
- Friday Footnotes: EY Tells Tax to Get Back in the Office; Associates Are Vibe Coding Now | 4.3.26
Apparently Shouting “Promote Me! Promote Me!” in a Partner’s Face Can Get You Promoted at Deloitte
Over in Ireland there's a case before the Workplace Relations Commission (WRC) right now that may be of interest to our readers, our readers being people who are all too…
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…
Once Again, a Mid-Tier Firm Beat Out Big 4 on This ‘Best Companies’ List
Fortune has released its Best Companies to Work For list for 2026 and we just realized we didn't cover it at all last year. Shrug, it's all just marketing anyway.…
Layoff Watch ’26: The King’s KPMG Kindly Asks 600 Auditors to GTFO
We covered this story in yesterday's Monday Morning Accounting News Brief but it's significant enough news to earn its own spot in a separate article as it's a large market…
A KPMG Senior Director Got Beat Up By a Guy Who Stars in Reacher
Oh my God it feels like it's 2010 all over again with that headline. Thanks to the algorithm for putting this item in my feed since no one saw fit…
Apparently Shouting “Promote Me! Promote Me!” in a Partner’s Face Can Get You Promoted at Deloitte
Over in Ireland there's a case before the Workplace Relations Commission (WRC) right now that may be of interest to our readers, our readers being people who are all too…
Monday Morning Accounting News Brief: You Can’t Spell Audit Without AI; An Elaborate Scheme to Defraud the Air Force | 4.6.26
Hey. To our readers in tax let me just say you're doing great! Almost there! For everyone else, hopefully you're hanging in there as well. To everyone: be sure to…
Friday Footnotes: EY Tells Tax to Get Back in the Office; Associates Are Vibe Coding Now | 4.3.26
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…
Layoff Watch ’26: The King’s KPMG Kindly Asks 600 Auditors to GTFO
We covered this story in yesterday's Monday Morning Accounting News Brief but it's significant enough news to earn its own spot in a separate article as it's a large market…
Monday Morning Accounting News Brief: KPMG Asks Hundreds of People to Go; One Big Beautiful Bill Equals Billable Hours | 3.30.26
Good morning and happy Monday, capital markets servants. I ventured out into the muck to dig up some news for you to start the week. In this news briefYour Services…
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…
Another Early AI Accounting Startup Just Bit the Dust
TIL that early AI accounting platform Botkeeper has died. I found out via this CFO Brew article which pointed to a post on Botkeeper's own site. Turns out r/accounting was…
KPMG Brings Cheating Into the AI Age By Using AI to Cheat on AI Exams
The image is upside down because Australia. This story sounds like a joke but we assure you it is not. KPMG Australia has expanded KPMG's storied cheating repertoire by being…
KPMG Brings AI Talking Points to a Fee Negotiation, Inadvertently Opens a Pandora’s Box Filled With Stingy Clients
As reported by Financial Times on February 6, included in Friday's edition of Footnotes, and widely chuckled at by public accountants both current and former across the world since, KPMG…
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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When I worked at PwC, I had to explain to my boss that states had their own tax laws.
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…
Footnotes: Obama’s Broken AMT Promise; SEC Still Chasing Deloitte Workpapers; Grant Thornton Gets Parmalat Case Tossed | 04.11.13
KPMG's Independence, Herbalife's Stock Price, and the Game of Name Blame [Re:Balance] Promises, Promises President Obama […]
(UPDATE) Complaint Says Scott London Admitted to Tipping Bryan Shaw About Five KPMG Clients
~ Update below includes details from the criminal complaint, including Springsteen tickets!
From the Journal:
Mr. London was charged with one count of conspiracy to commit securities fraud through insider trading, according to the criminal complaint. He faces up to five years in prison and a $250,000 fine. The complaint said the trades generated a profit of more than $1 million for his friend, Bryan Shaw. The complaint also says Mr. London tipped off Mr. Shaw about five KPMG clients, more than was previously known.
Blind Item: Which Firm Is So Committed to Work-Life Balance It Brought a Partner to Tears?
Taking a break from KPMGate/LondonFalling for sec — here's a blind item for your Thursday […]
KPMG’s Official Statement Meets Mystery (Bachelor of) Science (in Accounting) Theater
When a giant insider trading turd hits the fan of independence, KPMG spokesman Timothy Connolly is […]
Accounting News Roundup: Bryan The Jeweler; Scott London’s Handicap; The Masters Tax Break | 04.11.13
Trader Who Received Tips From KPMG Partner Issues Apology [Bloomberg]Bryan Shaw, a trader who said […]
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Footnotes: Let’s All Add “If You’re Reading This Without Permission, You Suck” To Our Email Signatures | 04.10.13
Accounting Class Action Suits Plunged in 2012: Report [WSJ] Palm City accountant charged with fraud […]
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FYI: The Guy Who Stabbed 14 People At a Texas College Wanted To Be an Accountant When He Grew Up
When laypeople think of accountants, we all know they generally picture green eye shade-wearing dorks, […]
Despite Entering a ‘War Zone’, the Next Auditor of Herbalife Should Find Solace in All the Fees They’ll Earn
Part of the reason this KPMG resignation is such a conundrum for both Herbalife and […]
Going Concern March Madness: Busy Season Survival Has a Champion (And Some of You May Need a Sponsor)
Bracket season came to close yesterday afternoon on Going Concern and your Busy Season Survival […]
Lessons From L’affaire Scott London: Don’t Talk About Your Clients While Quoting Caddyshack
I love Peter Henning's suggestion that ex-KPMG partner Scott London was swapping Caddyshack quotes with his golfing buddy. Everyone having few drinks after playing a round inevitably sees someone walk by with a hideous headpiece and says, "When you buy a hat like this I bet you get a free bowl of soup." I think it's a law in Florida that you have to recite that line.
ANR: KPMG’s Scott London: Leaks ‘started in an effort to help out someone’; ‘It just happened’; ‘Every day since this occurred I’m saying to myself how stupid I am.’ | 04.10.13
"Let me first say that I regret my actions in leaking non-public data to a third party regarding the clients I served for KPMG. Most importantly, and I cannot emphasize this enough, is that KPMG had nothing to do with what I did. The Firm bears no responsibility in this matter. These actions were by my choice and mine only.