Southern National Bancorp is swapping out KPMG as its auditor for Dixon Goodman Hughes Goodman. […]
- Monday Morning Accounting News Brief: Chief Purpose Officer Dips Out of KPMG Dumpster Fire; EY Teases a New Quantum Computer | 8.3.26
- Friday Footnotes: EY Silently Blocks Tokenmaxxing; Uniting Across the Aisle to Make the IRS Report Wait Times | 7.31.26
- Layoff Watch ’26: KPMG Australia May or May Not Be Letting 1,000 People Go
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View AllLayoff Watch ’26: KPMG Australia May or May Not Be Letting 1,000 People Go
- Going Concern News Desk
- July 30, 2026
The ever-reliable Australian Financial Review said yesterday that, per their sources, KPMG is planning to let "dozens" of partners and 1,000 staff go in September as the firm tries to…
EY’s Latest Data Breach Comes With a Fun New Game: Guess the Client (UPDATE)
- Going Concern News Desk
- July 30, 2026
Ed. note: This article was originally published on July 23, 2026. It was updated on July 30, 2026. Just as EY was moving on from the 2023 MOVEit data breach…
In Case You Didn’t Hear, PwC Interns Won’t Be Swarming Disney World This Year
- Going Concern News Desk
- July 28, 2026
F in the chat for PwC's 2026 interns, who will not be experiencing the magic of Disney like so many intern classes before them. PwC informed interns back in January…
Note to PwC Partners: Don’t Tell Reporters You Plan to Divorce Your Wife to Hide Assets After an Audit Scandal
- Adrienne Gonzalez
- July 15, 2026
Welp there goes at least one PwC partner's plan to divorce his spouse to protect assets from Evergrande fallout. As covered by Bloomberg in June (and included in our 6.15.26…
Layoff Watch ’26: Big Cuts Are Coming at KPMG Australia
- Going Concern News Desk
- July 14, 2026
This just in from Financial Review: KPMG is preparing to cut hundreds of jobs and reduce partner pay by as much as 20 per cent, as the fallout from the…
News
View AllMonday Morning Accounting News Brief: Chief Purpose Officer Dips Out of KPMG Dumpster Fire; EY Teases a New Quantum Computer | 8.3.26
- Adrienne Gonzalez
- August 3, 2026
Good morning, capital markets servants. All nice and refreshed from your weekend, I hope. There's a little bit of news happening, let's get to it and get ourselves informed on…
Friday Footnotes: EY Silently Blocks Tokenmaxxing; Uniting Across the Aisle to Make the IRS Report Wait Times | 7.31.26
- Going Concern News Desk
- July 31, 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…
Layoff Watch ’26: KPMG Australia May or May Not Be Letting 1,000 People Go
- Going Concern News Desk
- July 30, 2026
The ever-reliable Australian Financial Review said yesterday that, per their sources, KPMG is planning to let "dozens" of partners and 1,000 staff go in September as the firm tries to…
EY’s Latest Data Breach Comes With a Fun New Game: Guess the Client (UPDATE)
- Going Concern News Desk
- July 30, 2026
Ed. note: This article was originally published on July 23, 2026. It was updated on July 30, 2026. Just as EY was moving on from the 2023 MOVEit data breach…
Well Here’s a Surprise: Grant Thornton is Buying CBIZ For $5 Billion
- Adrienne Gonzalez
- July 29, 2026
When tips started pouring into the tipline about this early this morning I thought I must be still asleep and dreaming. No, it's definitely real. Grant Thornton announced this morning…
Technology
View AllEY’s Latest Data Breach Comes With a Fun New Game: Guess the Client (UPDATE)
- Going Concern News Desk
- July 30, 2026
Ed. note: This article was originally published on July 23, 2026. It was updated on July 30, 2026. Just as EY was moving on from the 2023 MOVEit data breach…
Big 4 Firm With AI Quotas Unironically Explains Why AI Quotas Are Such a Terrible Idea in Latest Survey
- Going Concern News Desk
- July 9, 2026
KPMG has released its AI Quarterly Pulse Survey for Q2 2026 and we're gonna have to be real with you, it's all over the place. Not the survey itself, just…
Beware This Hot New Scam: LinkedIn Job Hunt Takes a Sharp Detour Into Attempted Bank Emptying
- Adrienne Gonzalez
- July 7, 2026
Saw this post on r/accounting and while I know some of you feel a certain type of way about using Reddit for "content" it felt important to pass along to…
In New AI Guidelines, IRS Politely Suggests You Not Make Up Sources Like Deloitte Did
- Going Concern News Desk
- June 25, 2026
The IRS sent out a bulletin yesterday and we're going to write about it because for once it's not about tedious tax stuff that our audience doesn't have the patience…
Deloitte Made the Creepy Digital Librarian From The Time Machine But For Golf
- Adrienne Gonzalez
- June 18, 2026
Have you seen the 2002 movie The Time Machine? If you haven't then the reference in the headline isn't going to make a lick of sense. Lucky for you YouTube…
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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Learned something new today about Deloitte's marketing business:
"Deloitte Digital US's workforce is concentrated most in India (21.3%), followed by the United States (16.1%) and the United Kingdom (11.0%), with Spain, its fastest-growing location."
Let’s talk occupational licensing:
I despise how this works in many states and municipalities for all manner of industries, from hair braiders needing cosmetology licenses to a pool contractor needing a general contractor license. Many times it is a hindrance and harm rather
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 […]
