CBO: Ending Corporate Tax Deferral Could Raise $100 Billion [WSJ, CBO Study]A new Congressional Budget […]
Layoff Watch ’26: EY Trims Some Newbies in Audit
Seeing multiple posts about audit Staff 1s getting let go from EY this week, it's unclear how many are affected and if other service lines should brace for impact as…
Deloitte Made the Creepy Digital Librarian From The Time Machine But For Golf
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…
KPMG Redefines Excellence in the Age of AI By Using AI to Pump Out Dubious Citations in This Now-Removed Report
GPTZero, the folks who brought you this glorious takedown of an EY Canada report stuffed with completely made up sources, are back at it again and this time they've caught…
FRC To Determine Whether Missing a £30 Million Overstatement Was, In Fact, Bad Auditing
The Financial Reporting Council announced today that they're officially investigating PwC UK's 2024 audit of WH Smith which means fines and hand-slaps are likely forthcoming once that gets wrapped up.…
Compensation Watch ’26: Deloitte Salary Numbers Are Out and Some People Are Salty
Compensation threads were once a yearly tradition here at Going Concern many, many, many years ago but at some point Reddit took over the task so we've swung over there…
Friday Footnotes: Deloitte UK Asks Nearly 200 Auditors to Please F Off; AI Chatbots Favored Over Actual Accountants | 6.19.26
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: EY Trims Some Newbies in Audit
Seeing multiple posts about audit Staff 1s getting let go from EY this week, it's unclear how many are affected and if other service lines should brace for impact as…
The IRS Moves Atlanta Employees to an Office That Makes the Rat-Infested Office Look Pretty Good
If you've been keeping up with the news cycle (or if you caught last Monday's Monday Morning News Brief), you've heard about the situation down in Atlanta involving IRS workers…
Monday Morning Accounting News Brief: Oh Rats! The IRS Is Infested; PwC Partners Will Divorce If It Spares Their Cash | 6.15.26
Good morning, capital markets servants. Everyone have a good weekend? Good. Got some news for you. In this news briefThe IRS Phone Bank Pays HOW Much!?Getting Divorced Over an Audit…
Rumor Has It RSM Asked Some Partners to Dip Out
By "rumor" we mean actual rumors flying and making their way to your friendly neighborhood accounting tabloid. Seeing as we've now received this tip from multiple tipsters it feels like…
Deloitte Made the Creepy Digital Librarian From The Time Machine But For Golf
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…
KPMG Redefines Excellence in the Age of AI By Using AI to Pump Out Dubious Citations in This Now-Removed Report
GPTZero, the folks who brought you this glorious takedown of an EY Canada report stuffed with completely made up sources, are back at it again and this time they've caught…
KPMGers Are Maliciously Complying With The Firm’s AI Usage Requirements By Generating Fluff
On May 4, Business Insider published an article about KPMG's new AI dashboard. They've been publishing several articles in recent weeks about KPMG's AI initiatives actually, like the tax simulation…
Starbucks Kills Off Its Automated Counting AI Tool After Just 9 Months Because It Sucked at Counting Beans
While people outside of the accounting profession continue to smugly insist that accountants will be out of work in 12 months 18 months two years five years any day now…
EY Gets Busted and Yeets 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…
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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ANR: KPMG Uses AI to Pump Out Dubious Citations About AI • Rumor: RSM Asks Some Partners to Dip Out • NASBA No Longer Texting One-Time Passcodes - https://mailchi.mp/accountingfly/kpmg-uses-ai-pump-out-dubious-citations-about-ai-rumor-rsm-asks-some-partners-to-dip-out-nasba-no-longer-texting-one-time-passcodes
The IRS Moves Atlanta Employees to an Office That Makes the Rat-Infested Office Look Pretty Good
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: Schroders Dumps PwC for KPMG; The Accounting Worry List for 2013; Another Ban the IRS Bill | 01.08.13
Schroders ditches PwC as auditor Schroders is jettisoning PwC as its auditor after more than half […]
Great News: Accountants Are Less Likely To Be Psychopaths
This article has been making the rounds so it's only fitting to share it here. […]
The SEC Investigation into Ernst & Young’s Lobbying Activities Isn’t Going to Amount to Much
Late yesterday, Sarah Lynch and Dena Aubin at Reuters reported that the SEC was poking […]
Auditors Not Being Credited with “Better Letter Than Never” in Discovery of Pennsylvania School District’s $15 Million Error
In yesterday's Footnotes, we mentioned that the Reading, Pennsylvania School District sorta overstated the amount […]
Accounting News Roundup: Deloitte Wants Delay in Case of SEC’s Request for Workpapers; AIG’s Thank You; An Annoying Tax? | 01.08.13
Deloitte opposes SEC move to restart China audit paper case [Reuters]Accounting giant Deloitte has asked […]
Footnotes: SEC Investigating Ernst & Young for Audit Client Lobbying and Other Predictable Things | 01.07.13
SEC probes Ernst & Young over audit client lobbying The Securities and Exchange Commission is investigating […]
Ernst & Young Study Finds That Fraudsters Aren’t So Creative with Code Words Over Email
If you and some cohorts are fed up with walking the straight and narrow, be […]
Ex-KPMG Chief to Auditors: You Are All Flirting With Irrelevance
According to a Financial Times article posted today, KPMG UK's former head John Griffith-Jones — […]
Will the Foreclosure Settlement Result in Collateral Damage at the Big 4?
Earlier today, a settlement was reached between federal regulators, led by the Office of the […]
PwC Poaches a KPMG Partner and Issues a Press Release, Part VIII
An alternative title for this post would be "PwC Poaches a KPMG Partner and a Deloitte […]
ANR: Pols Man Their Fiscal Battle Stations; Deloitte Still Buying Up Boutiques; Accounting Degree = Hot, MBA = Not | 01.07.13
Battle Lines Drawn on Budget [WSJ]Republicans won't accept further tax increases in coming budget and […]