Southern National Bancorp is swapping out KPMG as its auditor for Dixon Goodman Hughes Goodman. […]
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View AllLayoff Watch ’26: KPMG Cuts 4% From Consulting
- Adrienne Gonzalez
- April 30, 2026
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
- Going Concern News Desk
- April 29, 2026
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
- Going Concern News Desk
- April 23, 2026
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
- Adrienne Gonzalez
- April 22, 2026
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
- Going Concern News Desk
- April 21, 2026
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…
News
View AllPlante Moran Goes South of the Border to Acquire a Firm in Mexico
- Going Concern News Desk
- May 6, 2026
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…
Layoff Watch ’26: RSM Trims Down in Audit
- Adrienne Gonzalez
- May 5, 2026
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
- Going Concern News Desk
- May 5, 2026
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
- Adrienne Gonzalez
- May 4, 2026
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
- Going Concern News Desk
- May 1, 2026
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…
Technology
View AllKPMG Plans to Hand Routine Testing Off to AI
- Going Concern News Desk
- April 21, 2026
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
- Adrienne Gonzalez
- April 8, 2026
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
- Adrienne Gonzalez
- February 24, 2026
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
- Adrienne Gonzalez
- February 18, 2026
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
- Going Concern News Desk
- February 17, 2026
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…
Practice Management
View AllTop Remote Tax and Accounting Candidates of the Week | October 16, 2025
- Liz Branch
- 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
- Liz Branch
- 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
- Liz Branch
- 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
- Liz Branch
- 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
- Liz Branch
- 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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Layoff Watch ’26: RSM Trims Down in Audit
As noted by the national taxpayer advocate, a court's ruling that a taxpayer’s refund claim filing deadline was automatically extended due to the COVID-19 disaster declaration could have implications for other taxpayers’ refund claims. Here's why.
Whenever I take a workplace harassment training, I think about the partner at Deloitte who said to the about-to-retire partner at Deloitte, "Look at us, just a bunch of Micks," and the about-to-retire partner looked at the first partner and said, "What the fuck did you just say?"
Quick Reads
View AllHere Are Tax and Audit Salaries at Top 25, Top 300, and Regional Firms
- Going Concern News Desk
- April 11, 2025
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
- Adrienne Gonzalez
- March 26, 2025
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)
- Adrienne Gonzalez
- March 20, 2025
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
- Going Concern News Desk
- November 7, 2024
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
- Going Concern News Desk
- October 15, 2024
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…
Sponsored Content
View AllTop Remote Accounting Freelancers: February 3, 2024
- Liz Branch
- 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
- GoingConcern
- October 5, 2023
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
- GoingConcern
- September 21, 2023
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
- GoingConcern
- September 7, 2023
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…
BREAKING: Incompetent Tax Advisers May Get Fired
- Caleb Newquist
- March 19, 2013
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
- Caleb Newquist
- March 19, 2013
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
- Caleb Newquist
- March 19, 2013
Cyprus Set to Reject Bailout, Citing Tax on Bank Deposits [NYT]Cyprus’s Parliament is likely to […]
Footnotes: Broke People; RIP Dr. Adolf J.H. Enthoven; Future Accounting Geniuses Win the AICPA Competition | 03.18.13
- Adrienne Gonzalez
- March 18, 2013
All Upstate N.Y. Shooter Left Behind Was Debt and New Clothes [New York Magazine] No […]
Let’s Talk About Thrifting For Accounting Swag
- Adrienne Gonzalez
- March 18, 2013
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
- Caleb Newquist
- March 18, 2013
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
- Caleb Newquist
- March 18, 2013
Tax Policy Center co-director Eric Toder is feeling good today. Why? Some people known for […]
KPMG Is at the Top of Someone Else’s Game
- Caleb Newquist
- March 18, 2013
Literally. Sorta. Oh god, I don't know. We all have headaches. What I mean is, […]
Maybe We Should Just Let the Banks Write Their Own Loan Loss Accounting Rules
- Caleb Newquist
- March 18, 2013
Banks really appreciate the effort to move away from the recognition of losses as they […]
Accounting News Roundup: Auditors Manage One Victory in HP/Autonomy Lawsuits; SEC’s Medium Pace; ‘I’ve never paid taxes in my life. I’m probably going to jail.’ | 03.18.13
- Caleb Newquist
- March 18, 2013
Plus, a vote on auditor tendering, big corporate tax bills, and athletes lose against the IRS in varying degrees. Oh, and another possible solution to NYC’s rat problem. All the news that’s fit for a hungover Monday.
Footnotes: Settlements, Senate Subcommittees, and Snafus | 03.15.13
- Caleb Newquist
- March 15, 2013
Utah agrees to pay $5.6 million to accountant running FLDS trust [SLT] SAC Settles Insider […]
