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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.…

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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…

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The Department of War Broke Up with KPMG, KPMG Gives Up Federal Audits Altogether (UPDATED)

This post was originally published on April 29, 2026 and updated on June 3, 2026. Update below the original article text. The other day -- and by the other day…

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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…

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CPA Exam Bonuses Get Bigger at PwC

Guess we need to update the PwC Chad graphic with that stupid new logo huh. Gahhhh we got a tip about this last week and didn't get around to publishing…

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News

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Monday Morning Accounting News Brief: What’s KPMG Got to Do With the NBA Finals; PCAOB Chairman Is Just One of the Guys | 6.8.26

Hey. I dug up some news to start your week. In this news briefHey Knicks Fans, Know Your KPMG HistoryAI Compute Taxes: The Hot New DebateVolunteer Tax Prep Loses a…

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Friday Footnotes: Big 4 Partner Thinks Regulation Is Stupid; KPMGers No Longer Get to Go Home Early on Summer Fridays | 6.5.26

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…

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Everything is Shrinkflating These Days, Even the Number of Elijah Watt Sells Award Winners

Alternative headline for this article: You're Not Going to Believe This But KPMG Is the Only Big 4 Firm With a 2025 Elijah Watt Sells Award Winner Well they've announced…

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Aerial view of the Pentagon

The Department of War Broke Up with KPMG, KPMG Gives Up Federal Audits Altogether (UPDATED)

This post was originally published on April 29, 2026 and updated on June 3, 2026. Update below the original article text. The other day -- and by the other day…

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Monday Morning Accounting News Brief: Five State Societies Merge Into One Regional; What’s NASBA’s Beef? | 6.1.26

Good morning, capital markets servants. It has now been two years since I jokingly remarked Big 4 firms would be swapping in rainbow logos over the weekend only to find…

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Technology

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woman and cat with laptop

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…

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Starbucks inside

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…

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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…

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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…

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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…

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Practice Management

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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…

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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…

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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…

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tax hiring season

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…

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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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Quick Reads

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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,…

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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…

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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…

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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…

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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…

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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…

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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,…

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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,…

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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…

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Ten Embarrassing and Irrelevant Reasons Why Accounting Firms Suck at Advertising

The “Call our boy Ed Nusbaum” rose ad is up there as one of the most cringe-worthy pieces of advertising ever, not just out of accounting. We get it, GT, you’re trying to make accounting all sexy and stuff but put an old white guy on your ad with a rose between his teeth and it just comes off as weird. Make it a chick and you’re just being creepy and demeaning. Good to know the rebranding has helped the Purple Rose of Chicago beef up its advertising efforts, even if questions still remain as to how accurate said advertising is. And really, “instinct for growth” is still kinda sleazy, albeit not rose-in-the-teeth level sleaze. Sounds like GT needs a few hours of sexual harrassment training.