Gonzaga University is relevant for about ten days a year or so. I suppose since […]
Breaking News
- Private Equity Took a Big Bite Out of Grant Thornton UK Profits
- Monday Morning Accounting News Brief: Big Payout for Grant Thornton; Is the SEC Elbowing Out the PCAOB? | 5.11.26
- Friday Footnotes: KPMG Staff Not Happy With How Layoffs Were Handled; SEC Says PCAOB Should Toss Independence Rules | 5.8.26
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…
Private Equity Took a Big Bite Out of Grant Thornton UK Profits
While partners at Grant Thornton Australia prepare for a windfall of $5 million each after their deal with New Mountain Capital-backed Grant Thornton US goes through, things are going down…
Monday Morning Accounting News Brief: Big Payout for Grant Thornton; Is the SEC Elbowing Out the PCAOB? | 5.11.26
Good morning, capital markets servants. Got a little news for you. Gonna be a short one, Friday Footnotes got all the good stories. In this news briefGrant Thornton Pay DayDoes…
Friday Footnotes: KPMG Staff Not Happy With How Layoffs Were Handled; SEC Says PCAOB Should Toss Independence Rules | 5.8.26
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…
In a Final Rule, Dept of Education Is Unswayed By the AICPA’s Strongly Worded Letters About the Meaning of Words
In the final ruling of a game of semantics that really chapped the AICPA's ass, accounting has not earned a place on the Department of Education list of "professional" degrees.…
Plante Moran Goes South of the Border to Acquire a Firm in Mexico
Shoutout to the person who sent us a link to this, might have slipped past the ol' radar otherwise: Plante Moran bought itself a 500-person Mexican firm called JA Del…
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
About to buy the firm I work for. We’re a legacy firm and my grandfather is the owner. I need to know the Do’s, Don’ts, and any advice you firm owners have for me. #TaxTwitter @bsuecannon @BrianDavisTax @adammarkowitzEA @tax_zack @uptonaccounting
Probably the funniest graph ever published by the FT: our 3 possible futures are either 1) infinite wealth and abundance, 2) human extinction or 3) 0.2% faster GDP growth 🤣
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…
Internal Controls Are of the Devil (Or: Why Stealing from the Catholic Church Is So Easy)
The other day I asked my wife if she'd be mad if I started a new religion. I clarified that she would not be required to join my new religion; I just wanted to know if I'd have her support. She didn't really answer. Not out loud. But her nonverbal message was as clear as an auditing standard that was clarified in the Clarity Project1. What she wasn't saying was either (a) she'd be pissed if I really did it, or (b) she'll tolerate my stupid questions, or (c) she'd be shocked if I could get more religious followers than I have Twitter followers2.
Accounting News Roundup: ‘The full-employment act for CPAs’; H&R Block Sued Over Tax Prep Snafu; Disappointing Robbery at CPA Firm | 03.20.13
Stressed Tax Preparers Find Relief in Mardi Gras, Massages [Bloomberg]"It’s information overload," says Lori Kelley, […]
Footnotes: California Tax-a-Thon Continues; A Calpers Story You Can Read; Argentina Upset With HSBC | 03.19.13
Argo, tax style: Fake movie made in attempt to hide tax fraud [Don't Mess With […]
Southern National Bancorp Not Ashamed to Admit That They’re Dumping KPMG to Save a Hundred Grand
Southern National Bancorp is swapping out KPMG as its auditor for Dixon Goodman Hughes Goodman. […]
BREAKING: Incompetent Tax Advisers May Get Fired
The Wall Street Journal is on it, you guys: Plenty of accountants make errors on […]
BDO Poaches a Prominent Healthcare Consultant From PwC and Issues a Press Release, Part I
Oh, how we love a good poaching expedition. Especially when a firm feels so good […]
Accounting News Roundup: FASB Joins New Club; PwC Slips in UK Auditor Ranking; MID Reform Options | 03.19.13
Cyprus Set to Reject Bailout, Citing Tax on Bank Deposits [NYT]Cyprus’s Parliament is likely to […]
Uncategorized
Footnotes: Broke People; RIP Dr. Adolf J.H. Enthoven; Future Accounting Geniuses Win the AICPA Competition | 03.18.13
All Upstate N.Y. Shooter Left Behind Was Debt and New Clothes [New York Magazine] No […]
Uncategorized
Let’s Talk About Thrifting For Accounting Swag
Surely I am not the only one who has an extensive collection of Federal Reserve […]
(UPDATE) If Krista McMasters, co-CEO of CliftonLarsonAllen, Is Retiring Then There Would Be No Major Public Accounting Firms Led By Women
UPDATE — A couple of reports out of the Milwaukee press have confirmed our tips from yesterday. We've also received the text of two emails, one from Ms. McMasters and one from CLA's other CEO, Gordy Viere that communicate the decision to the firm's employees. They appear on the following pages.
A couple of tips came in earlier today that CliftonLarsonAllen's co-CEO Krista McMasters is retiring. If she were to step down then it stands to reason that Gordy Viere, the CEO of CLA Holdings would be the head of the firm. We're still trying to confirm that this is in fact the case but if true, that would mean all of the CEOs (managing partners, or whatever else they might be called) of the 25 largest firms would be led by men.
Tax Nerds Feeling Vindicated After Their Long-held Viewpoints Are Paid Lip Service
Tax Policy Center co-director Eric Toder is feeling good today. Why? Some people known for […]