Deloitte Pledges Vigorous Defense in ChinaCast Lawsuit [CC/WSJ]“We do not believe that the plaintiffs have […]
Breaking News
- EY GDS Philippines Turns 11, Celebrates By Planning to Hire An Additional 2,000 People
- Monday Morning Accounting News Brief: AI Is Making Clients Even Worse; India’s Still Working on Homebrew Big 4 | 9.21.26
- Friday Footnotes: PwC Bonuses Take a Hit; EY Thinks It Has a Slick Return to Office Trick | 9.18.26
EY GDS Philippines Turns 11, Celebrates By Planning to Hire An Additional 2,000 People
EY's global delivery machine in The Philippines is marking 11 years this month and as a treat, they're apparently adding 2,000 more people to its roster of more than 6,000…
Revenue Is Down For the First Time in 17 Years But at Least Partners Got a Raise at PwC UK
Looks like offshoring and layoffs couldn't save the King's PwC from a revenue slump this year. The firm has just reported revenue of £6.2 billion (approximately $8.28 billion USD), a…
EY Got the Big Pentagon Audit Job
This according to what the Department of War put up yesterday: Ernst & Young LLP, New York, New York, is being awarded a labor-hour contract with a maximum value of…
Chief Operating Officer Punted From the Partnership Post-Audit Scandal Sues KPMG
The former chief operating officer and audit partner who said at a parliamentary hearing last month that she didn't recall stuffing confidential documents in her personal locker is now suing…
Big 4 Climate Activism Has a Pretty Convenient Revenue Stream, Say 16 State AGs in Tedious Letter to Firms
The attorneys general of 16 states have written a long strongly worded letter to Big 4 firms (and CC'd the SEC) warning them that the firms' climate commitments and willingness…
EY GDS Philippines Turns 11, Celebrates By Planning to Hire An Additional 2,000 People
EY's global delivery machine in The Philippines is marking 11 years this month and as a treat, they're apparently adding 2,000 more people to its roster of more than 6,000…
Monday Morning Accounting News Brief: AI Is Making Clients Even Worse; India’s Still Working on Homebrew Big 4 | 9.21.26
Hey. Can someone please tell me why it's still 90 degrees outside? I'm beyond ready for fall already. ICYMI: An Accountingfly client is looking for people with seven or more…
Friday Footnotes: PwC Bonuses Take a Hit; EY Thinks It Has a Slick Return to Office Trick | 9.18.26
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…
Revenue Is Down For the First Time in 17 Years But at Least Partners Got a Raise at PwC UK
Looks like offshoring and layoffs couldn't save the King's PwC from a revenue slump this year. The firm has just reported revenue of £6.2 billion (approximately $8.28 billion USD), a…
Pentagon Says What If We Just Used GAAP
As you may have already heard, the Pentagon is desperate eager to score a clean audit opinion for the first time in history. In June, Secretary of War Pete Hegseth…
Deloitte Survey: A Lot of People Are Using Clandestine AI at Work
As corporations everywhere shove AI down our throats and businesses wrestle with the conflict between rushing to integrate AI to not be left behind and having to pay for it…
Bill Gates Proposes a Tokens and Robots Tax
Bill Gates has written a loooong essay on AI covering all sorts of things from potential benefits to immediate concerns. Feel free to read the whole thing if you'd like,…
Firms (and Some Guy Obsessed With China) Have Weighed in on the PCAOB Turning an Eye to AI
The comment period for PCAOB Release No. 2026-005 Request for Public Comment on PCAOB Standard Setting has closed and when all was said and done, it racked up an unremarkable…
Audit Leaders Currently in the “Throw AI at the Wall and See What Sticks” Phase
Gartner has released some numbers on AI usage they harvested from audit professionals and the headline figure shouldn't surprise anyone: only 7% of those surveyed report they aren't using AI…
EY’s Latest Data Breach Comes With a Fun New Game: Guess the Client (UPDATE)
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…
Expense Management: Because Apparently Clients Will Pay You to Make Expense Reports Suck Less
Spend and expense management is one of the most in-demand CAS services—and one of the most underutilized. There’s still plenty of room to get into the game. Clients are drowning…
For Firms, Growth is Down But Profitability Is Up
That's the headline from INSIDE Public Accounting based on the results of their 2026 Practice Management Report: The report draws on survey responses from 605 North American accounting firms, spanning…
AICPA Pushes Back on IRS Suggesting CPAs Should Charge Less If They’re Using AI
Back in June the IRS Office of Professional Responsibility (OPR) issued its first solid AI guidance in the form of a bulletin titled Introductory Guidelines for Responsible AI Use in…
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…
Twitter Feed
Via @business: "PwC is planning to halve bonuses in Switzerland as the Big Four accounting firm seeks cost cuts in response to artificial intelligence and a challenging economic environment, according to people familiar with the matter."
Deloitte Survey: A Lot of People Are Using Clandestine AI at Work
Pentagon Says What If We Just Used GAAP
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…
Expense Management: Because Apparently Clients Will Pay You to Make Expense Reports Suck Less
Spend and expense management is one of the most in-demand CAS services—and one of the most underutilized. There’s still plenty of room to get into the game. Clients are drowning…
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,…
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 […]
Uncategorized
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 […]