For some capital market servants the number one goal in their careers, the crown jewel, […]
- Friday Footnotes: Amateur and Non-Independent Forensic Accounting Not Appreciated By Local Parks Department; KPMG Getting Dogged | 6.26.26
- Top 20 Firm Eide Bailly Gets on the Private Equity Train
- Monday Morning Accounting News Brief: PwC Gave Us a Reason to Mention GTA 6; The Bad KPMG Anecdotes Are Adding Up | 6.22.26
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View AllBig 4
View AllIn New AI Guidelines, IRS Politely Suggests You Not Make Up Sources Like Deloitte Did
- Going Concern News Desk
- June 25, 2026
The IRS sent out a bulletin yesterday and we're going to write about it because for once it's not about tedious tax stuff that our audience doesn't have the patience…
The Big 4 Model Might Be Cooked
- Adrienne Gonzalez
- June 23, 2026
For nearly 17 years now, this website you're reading has been meticulously documenting the accounting profession, Big 4 in particular and often through the lens of younger staff coming through…
Layoff Watch ’26: EY Trims Some Newbies in Audit
- Going Concern News Desk
- June 18, 2026
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
- Adrienne Gonzalez
- June 18, 2026
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
- Going Concern News Desk
- June 16, 2026
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…
News
View AllFriday Footnotes: Amateur and Non-Independent Forensic Accounting Not Appreciated By Local Parks Department; KPMG Getting Dogged | 6.26.26
- Going Concern News Desk
- June 26, 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…
Top 20 Firm Eide Bailly Gets on the Private Equity Train
- Going Concern News Desk
- June 24, 2026
The private equity train may have slowed a bit in accounting but it's still choo-chooing along with another big deal coming on the heels of Crowe's $3 billion deal with…
Monday Morning Accounting News Brief: PwC Gave Us a Reason to Mention GTA 6; The Bad KPMG Anecdotes Are Adding Up | 6.22.26
- Adrienne Gonzalez
- June 22, 2026
Hey, here we are again at Monday. Guess we should get to it. In this news briefA Less Thrilling Transfer Pricing StoryThe Ghost of Tax Preparer Fraud PastWho Doesn't Want…
Friday Footnotes: Deloitte UK Asks Nearly 200 Auditors to Please F Off; AI Chatbots Favored Over Actual Accountants | 6.19.26
- Going Concern News Desk
- June 19, 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…
Layoff Watch ’26: EY Trims Some Newbies in Audit
- Going Concern News Desk
- June 18, 2026
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…
Technology
View AllIn New AI Guidelines, IRS Politely Suggests You Not Make Up Sources Like Deloitte Did
- Going Concern News Desk
- June 25, 2026
The IRS sent out a bulletin yesterday and we're going to write about it because for once it's not about tedious tax stuff that our audience doesn't have the patience…
Deloitte Made the Creepy Digital Librarian From The Time Machine But For Golf
- Adrienne Gonzalez
- June 18, 2026
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
- Going Concern News Desk
- June 16, 2026
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
- Going Concern News Desk
- May 28, 2026
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
- Adrienne Gonzalez
- May 22, 2026
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…
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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In New AI Guidelines, IRS Politely Suggests You Not Make Up Sources Like Deloitte Did
I have some questions about this number but I know better than to ask
NEW: Big Tech is reportedly expected to spend $741,000,000,000.00 this year as the AI data-center boom fuels inflation.
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…
The First Images Out of Ernst & Young’s International Intern Leadership Conference Are a Tad Disturbing
- Adrienne Gonzalez
- August 2, 2012
Ahhh interns, gotta love 'em. Ernst & Young loves them so much they hold a […]
Accounting News Roundup: SEC Probes Navistar’s Accounting; Knight’s Trading Glitches; Horses As Tax Deductions | 08.02.12
- Caleb Newquist
- August 2, 2012
Navistar says SEC probes accounting practices [Reuters]Truck and engine maker Navistar International Corp. said Thursday […]
Footnotes: Kansas City Sports, Atlanta Traffic, and DC Dealings | 08.01.12
- Caleb Newquist
- August 1, 2012
Tax payers fund questionable Royals expenses [810WBH] The Kansas City Chiefs Are Using Taxpayer Money […]
Hiring Watch ’12-’13 and Beyond: Deloitte
- Caleb Newquist
- August 1, 2012
Under Governor Dannel Malloy's "First Five program" if Deloitte adds (and retains) enough green dots […]
Marco Rubio Manages to Introduce the Most Unimaginative, Transparent, Populist Tax Legislation Possible
- Caleb Newquist
- August 1, 2012
Jesus. I know the guy is angling for VP, but this…this is trying WAY too […]
Should New CPAs Put ‘CPA’ On Their Business Cards Or Is That Too Douchey?
- Adrienne Gonzalez
- August 1, 2012
The Psychic Friends Network once asked me to work for them but I was disqualified […]
Just in Case There Are Audit Committee Members Out There Slacking on the Job, The PCAOB Has Released a Guide to Its Inspections That Should Catch You Up on Things
- Caleb Newquist
- August 1, 2012
Are you a member of an audit committee that's been phoning it in? Or are […]
Comcast CFO Nerdily Points Out That, Technically, The Company Will Come Out Ahead on Olympics
- Caleb Newquist
- August 1, 2012
On a call with analysts, NBCUniversal CEO Steve Burke announced that the network will break […]
Accounting News Roundup: More Corruption Fun at Olympus; Clinging to Hope at MF Global; The Jobless Generation | 08.01.12
- Caleb Newquist
- August 1, 2012
Olympus Refers Possible Corrupt Practice Incident To U.S. [Bloomberg]Olympus Corp. (7733), the world’s largest maker […]
Footnotes: Microsoft’s 10-K, Stiffing the IRS, and the SEC’s BS Case | 07.31.12
- Caleb Newquist
- July 31, 2012
2nd Day of Power Failures Cripples Wide Swath of India [NYT] Microsoft's radical new business […]
Crowe Horwath May Have the Worst PCAOB Inspection Report Yet
- Caleb Newquist
- July 31, 2012
PCAOB Terror Tour 2012 continues with the release of the inspection for Oakbrook Terrace's own […]
