Deloitte Pledges Vigorous Defense in ChinaCast Lawsuit [CC/WSJ]“We do not believe that the plaintiffs have […]
EY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
Yesterday we received a news release from a communications firm working for a group called GPTZero. Now you should know that we receive probably a hundred or more news releases…
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…
Friday Footnotes: PCAOB Plans to Take It Easy; Just Ignore Those CP53E Notices, Probably | 5.15.26
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…
EY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
Yesterday we received a news release from a communications firm working for a group called GPTZero. Now you should know that we receive probably a hundred or more news releases…
Layoff Watch ’26: Grant Thornton Making Some Cuts This Week
As discussed in this Reddit post and in a few tips we've gotten on the tipline received since yesterday, GT US has let some people go this week. How many…
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…
EY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
Yesterday we received a news release from a communications firm working for a group called GPTZero. Now you should know that we receive probably a hundred or more news releases…
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…
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…
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To all the people complaining about software costs, are you not increasing your fees to cover those costs? What is the % increase you are seeing YOY?
I wish the IRS had a staffed and functional PRACTITIONER department. Like FULLY.
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…
Footnotes: Big 4 Get Defensive; Outmatched Auditors May Buckle to Management; More Offshore Tax Fights Ahead | 02.22.13
Big Four dismiss claims they are failing shareholders [Accountancy Age] All Talk: The SEC's Broken Broker-Dealer, […]
This Auditor Harlem Shake Video Has an Inexplicable Appearance By a Baby in a Pumpkin Shirt
I’m not too hip on the viral dance videos that constantly pop up on the […]
The E&Y Spy Story Is Even Weirder Than We Thought
On Monday we shared the story of Express Scripts suing Ernst & Young and one of […]
Accountant on Probation for Embezzlement Still More Employable Than the Average Non-Accountant (Temporarily)
Generally speaking, accountants are in demand. So much so, perhaps, that prospective employers might overlook […]
Accounting News Roundup: Big 4 ‘Insufficiently Independent’; Non-Big 4 Barely Restrain Themselves; Washington’s Cigarette Tax Evasion Problem | 02.22.13
UK watchdog takes aim at UK accounting deals [Reuters]Britain's listed companies could be forced to […]
Footnotes: PwC Poaches Someone From EY and Issues a Press Release, Part II | 02.21.13
Julianne Inozemcev now plays for the red team. [PwC, Earlier] A Proposal to Get Tax […]
Career Considerations: Accounting Fellaships
Do you think the people that make the rules have all the fun? Are you […]
Calm Down, This CPA Exam Practice Question Isn’t as Dirty as You Think
One CPA candidate has clearly studied to the point that only basic instincts remain: @going_concern […]
Accounting News Roundup: GOP Not Budging on Tax Increase Stance; Solo CPAs Hold On; Tax Court Says No-no to Romo | 02.21.13
G.O.P. Is Resisting Obama Pressure on Tax Increase [NYT]House Republicans, shrugging off rising pressure from […]
Footnotes: Ernst & Young IT Goes Down to Georgia; Dodgy IRS Conracts; The Stacy Lewis KPMG Web Site Is Here | 02.20.13
Jacksons Plead Guilty To Fraud and Tax Charges Related to Campaign Funds [Forbes] KPMG to […]
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The Hottest New Investment Trend For Professional Skeptics: The Forensic Accounting ETF
What good is professional skepticism and financial statement literacy if you can't (ethically) make a […]