PCAOB Board Member Jeanette Franzel, CPA, CIA, CMA, CGFM, gave a speech at University of Tennessee […]
- Evergrande Liquidators Want to Take an Extra Grande Bite Out of PwC’s Whole Pocket
- Monday Morning Accounting News Brief: How About That Entry Level Job Market!; The Failed Client That Could Cost PwC $8 Billion | 5.18.26
- Friday Footnotes: PCAOB Plans to Take It Easy; Just Ignore Those CP53E Notices, Probably | 5.15.26
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View AllBig 4
View AllEvergrande Liquidators Want to Take an Extra Grande Bite Out of PwC’s Whole Pocket
- Going Concern News Desk
- May 19, 2026
It's already cost PwC China as much as two-thirds of their revenue due to regulatory punishments and reputational fallout, and now the collapse of long-time audit client Evergrande in 2021…
EY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
- Adrienne Gonzalez
- May 15, 2026
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
- Adrienne Gonzalez
- April 30, 2026
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
- Going Concern News Desk
- April 29, 2026
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
- Going Concern News Desk
- April 23, 2026
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…
News
View AllEvergrande Liquidators Want to Take an Extra Grande Bite Out of PwC’s Whole Pocket
- Going Concern News Desk
- May 19, 2026
It's already cost PwC China as much as two-thirds of their revenue due to regulatory punishments and reputational fallout, and now the collapse of long-time audit client Evergrande in 2021…
Monday Morning Accounting News Brief: How About That Entry Level Job Market!; The Failed Client That Could Cost PwC $8 Billion | 5.18.26
- Adrienne Gonzalez
- May 18, 2026
Hey, you. Got a little news to get you started on this quiet Monday. In this news briefEY Settles a Matter That's Been Dragging OutThe Failed Client That Could Cost…
Friday Footnotes: PCAOB Plans to Take It Easy; Just Ignore Those CP53E Notices, Probably | 5.15.26
- Going Concern News Desk
- May 15, 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…
EY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
- Adrienne Gonzalez
- May 15, 2026
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
- Going Concern News Desk
- May 14, 2026
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…
Technology
View AllEY Gets Busted and Yeets Cybersecurity Report Littered With AI Hallucinations
- Adrienne Gonzalez
- May 15, 2026
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
- Going Concern News Desk
- April 21, 2026
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
- Adrienne Gonzalez
- April 8, 2026
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
- Adrienne Gonzalez
- February 24, 2026
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
- Adrienne Gonzalez
- February 18, 2026
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…
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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Redditor asks "What happened to the accountant crisis?"
Via @FinancialReview: "KPMG Australia has admitted a senior audit partner improperly accessed and displayed confidential board documents from longtime client Lendlease when the firm was pitching for a major Westpac contract."
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…
Recruiting Season Reason: Meet the Firms Basics For Complete Morons
- Adrienne Gonzalez
- October 26, 2012
You'd think I made this up but I swear I didn't, it comes from an […]
Accounting News Roundup: End the Audit Mandate; 10 Years at One Job?; Fear the Frankenstorm | 10.26.12
- Caleb Newquist
- October 26, 2012
‘Fiscal cliff’ already hampering U.S. economy, report says [WaPo]The “fiscal cliff” is still two months […]
Footnotes: Obama’s Tax Plan; NFL’s Tax Status; Charities’ Lobbying Efforts | 10.25.12
- Caleb Newquist
- October 25, 2012
CEOs’ self-serving deficit manifesto [T]he letter basically just says “please cut our taxes, raise taxes on […]
FASB Chair Vows to Finish Term Cooperating, Condorsing, Enverging, Whatever
- Caleb Newquist
- October 25, 2012
The last ten years haven't gone exactly the way the bookworms at the FASB wanted. […]
PwC Asks That You Look No Further Than the Firm’s Loss of a Client to Ernst & Young as Evidence of a ‘Fiercely Competitive’ Audit Market
- Caleb Newquist
- October 25, 2012
Last month when PwC filed a paper with the UK's Competition Commission that contradicted the […]
Dual Monitors Will Allow PwC Auditors to Finally Get Some Work Done
- Caleb Newquist
- October 25, 2012
One of the most frustrating things that plagues many capital market servants is not having the necessary equipment to do one’s job. There’s nothing quite like your pull-start laptop that runs Excel 97 crashing in the middle of the day to railroad your progress.
Everything’s Bigger In Texas, Including CPA Exam Statistics
- Adrienne Gonzalez
- October 25, 2012
We're wrapping up state-specific 2011 CPA exam statistics with this one so if you absolutely […]
You Can Tell the AICPA Is Getting Serious About Diversity Because It Formed a Commission
- Caleb Newquist
- October 25, 2012
Leaders in the public accounting profession love to proclaim the industry's commitment to diversity. Ask […]
ANR: CEOs Want Congress to Get It Together; FATCA’s False Start; Start Your Own Ethical Employee Factory | 10.25.12
- Caleb Newquist
- October 25, 2012
CEOs Call for Deficit Action [WSJ]Chief executives of more than 80 big-name U.S. corporations, from […]
Footnotes: U.S. Bites BofA’s Over Bad Mortgages; Vault’s Top Internships; Obama’s Second-term Tax Plans | 10.24.12
- Caleb Newquist
- October 24, 2012
U.S. Sues BofA for $1 Billion Over Mortgage Losses [WSJ] Hollywood tax incentives come under […]
Another Small Accounting Firm Gets to Know BDO
- Caleb Newquist
- October 24, 2012
Two weeks after Argy, Wiltse & Robinson climbed aboard Captain Jack's ship, BDO has found a […]
