In the last five years, Intuit, the maker of TurboTax, has spent $11.5 million lobbying […]
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…
The Department of War Broke Up with KPMG, KPMG Gives Up Federal Audits Altogether
The other day -- and by the other day we mean like more than a week ago -- we received a text on the tipline that read "KPMG US to…
KPMG Shoves 10% of Its Audit Partners Out the Door
We're sure you've seen this FT headline floating around today: KPMG to axe 10% of US audit partners. And if you, like most denizens of the internet these days, read…
PwC Tells Remote Tax Staff to Get Their Butts Into the Office
So much for PwC letting all their people work remotely forever. Remember when that got headlines five years ago? See: PwC Just Announced That You Never Have To Go Back…
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…
Layoff Watch ’26: RSM Trims Down in Audit
Seeing a couple Reddit posts about a wave of "Business Update" meetings being forced on people's calendars at RSM yesterday. As we all know, "business update" is code for "you're…
SEC Says “What If We Just… Didn’t” on Quarterly Reporting
So that thing that started with a Trump shower thought last fall and that WSJ said would be happening imminently is, in fact, now happening. Catch yourself up on earlier…
Monday Morning Accounting News Brief: Claude Starts a Turf War With Consulting; An Article About How Much Big 4 Sucks | 5.4.26
Good morning! Not a fan of Star Wars so I won't be making any May 4th puns today, sorry. In this news briefAnthropic Aggressively Elbows In on Consulting's TurfThat's a…
Friday Footnotes: Maybe Deloitte Doesn’t Need Employee Trust and Retention; Minnesota Wants to Tax Fraud at 100 Percent | 5.1.26
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: 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…
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…
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…
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…
Twitter Feed
Filling your timeline with unsubstantiated claims about the general incompetence of other tax pros is not a way to earn business. I know on TaxTwitter we all like to drag fraudsters, but pretending like you are the sole tax guru for filers feels like a stretch.
'Resign or be fired' ultimatum costs accounting firm $7,000
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…
PwC Tops Vault Accounting 50 (2014)
After a couple of interesting teasers on LGBT relations and satisfaction among women, our friends at Vault have unveiled their Accounting 50 ranking today. The results will probably annoy many of you because, yes, PwC topped the three big categories in Vault's 2014 rankings — Overall Ranking, Prestige, and Diversity.
Accounting News Roundup: Scott London’s Non-existent Baseball Career; An Alternative Maximum Tax; Trojan Providing Free Stimulus on Tax Day | 04.15.13
Scott London, KPMG Partner Accused Of Insider Trading, Lied About Baseball Career [HP]"There is no […]
Footnotes: The POTUS Tax Return; Hallmark Tax Moments; YOLO for Accountants | 04.12.13
Here are Barack Obama and Joe Biden's 2012 tax returns. [THP] "Obamacare" Tax Increases Could Cost […]
Vault Survey: Male Big 4 Partners Most Satisfied; Female Senior Associates Least Satisfied
Our friends at Vault will release their Accounting 50 ranking on Monday, but if you […]
Public Company CFO Says Naming Audit Partner Is NBD
Andy Bishop is the chief financial officer of Hallador Energy, a publicly traded coal company. […]
Kaption Kontest Friday: Say Kheese!
Via the New York Times, ex-KPMG Partner Scott London (right) leaves court with his attorney, […]
In Light of Current Events, Ernst & Young Reminds All Personnel That Insider Trading Is a Big No-no
Have you or someone you know considered passing some non-public information to anyone who has […]
Accounting News Roundup: KPMG Is Going to Sue Scott London; Lawyer: He Will Plead Guilty; What About Tax Fraud? | 04.12.13
Statement From KPMG Chairman & CEO John Veihmeyer [KPMG]KPMG LLP Chairman and CEO John Veihmeyer […]
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 […]