If you've read anything recent about Chimera Investment Corp., you're no doubt glad that you […]
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…
Accounting News Roundup: Bank Accounting? Manipulative? Get Out; Happy Form 7004 Day!; Argo Tax Yourself | 03.15.13
Hidden Numbers Make Banks Even Bigger [NYT]FN: "Under American accounting rules, banks that trade a […]
Footnotes: Bad Internal Controls at JPMorgan; The New York Times Has Two CFOs; Blamestorming the College Tax Credit Snafu | 03.14.13
JPMorgan Faulted on Controls and Disclosure in Trading Loss [DealBook] U.S. to let spy agencies […]
Everything’s Bigger In Texas, Except the Peer Review Requirements?
Texas Representative Phil Stephenson is trying to exempt CPAs who only prepare financial statements for […]
IRS Won’t Be Sorry If You Never Get Around to Claiming Your Refund
The Internal Revenue Service says it has $917 million in unclaimed tax refunds from 2009, […]
ICYMI: Deloitte Pays the Wall Street Journal to Blog, or Something
Who knew?! I have to admit that I wasn't really paying attention, but then again, […]
Accounting News Roundup: SEC Didn’t Hit Books Hard Enough in Deloitte Case; China Seems to Enjoy Being Uncooperative; Rude and Crude IRS Agents | 03.14.13
US SEC stumbles in Deloitte's Chinese audit case [Reuters]U.S. securities regulators faltered at times in […]
Uncategorized
Footnotes: Nosy Spies; Millionaires on the Move; “Certified Laughter Leader” | 03.13.13
U.S. to let spy agencies scour Americans' finances [Reuters] Jury convicts former IRS worker of […]
Ernst & Young Will Probably Have Better Than Average Seats for Super Bowl XLVIII
Todd Christie, brother of Chris, is now a director in Ernst & Young's Northeast Practice […]
Brisket, Blueberries Some of the Best Fare at Deloitte University: Sources
Back in 2011, Deloitte swung open the doors on a 107-acre, $300 million spectacle in […]
A CPA’s Guide to a Successful Observance of St. Patrick’s Day
For CPAs, St. Patrick's Day is usually just one of several holidays that becomes a casualty of busy season. On Presidents' Day we were unable to engage in parliamentary procedure, on Mardi Gras we are unable to get laid, and on Valentine's Day we are unable to get laid1.
Proper observance of St. Patrick's Day requires three components: a spiritual component, a green component, and a drunken component–all of which will be easier to do this year because St. Patrick's Day falls on a Sunday. (You're not officially required to work on Sundays, but you're unofficially expected to work on Sundays. Add St. Patrick's Day, and you've pretty much got a free pass to dick around. At work.)
ANR: H&R Blockheads; IRS Employees Don’t Know That They Don’t Have to Be in Danger; Together Taco Bell and E&Y Can Save the Economy | 03.13.13
Tax glitch delays refunds, angers Block customers [KCS]From Feb. 14 to 22, the Kansas City-based […]