Whoops! Fresh from the Public Company Accounting Oversight Board (PCAOB), just now they’ve announced a […]
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View AllThe PCAOB Just Hit PwC With a Massive Independence Violation
- Adrienne Gonzalez
- March 28, 2024
Whoops! Fresh from the Public Company Accounting Oversight Board (PCAOB), just now they've announced a settled disciplinary order sanctioning PwC for violations of PCAOB quality control standards relating to the…
Deloitte Partners Tragically Hit With “Improvement Required” Performance Ratings For Backdating Workpapers
- Going Concern News Desk
- March 25, 2024
Do you guys remember the Deloitte auditors in Canada who were busted changing the clocks on their computers to backdate workpapers? The reason they took the extraordinary step of changing…
EY Taps a Loyal Soldier For the Next FSO Leader
- Adrienne Gonzalez
- March 22, 2024
With Janet Truncale heading out of EY's Financial Services Organization (FSO) and into the big seat as EY Global Chair and CEO when Carmine Di Sibio steps down on July…
Guess the AI Told Deloitte to Restructure Its Entire Business
- Going Concern News Desk
- March 21, 2024
As reported first by Financial Times earlier this week, Deloitte is undertaking an ambitious change-up in its global operations that's expected to take a year. The restructuring will see Deloitte…
The PCAOB Racks Up Its Fourth Enforcement Against a Chinese Affiliate With This KPMG China Order
- Going Concern News Desk
- March 20, 2024
Announced today, the PCAOB has sanctioned three partners of KPMG China for various violations of PCAOB standards, none of which are uniquely egregious but newsworthy regardless. The settlement announced today…
News
View AllLow Salaries Are Wreaking Havoc on Capital Markets
- Adrienne Gonzalez
- March 12, 2024
The Bloomberg headline is "There are 340,000 Fewer Accountants, and Companies Are Paying the Price" but the real headline here is "There are 340,000 Fewer Accountants Because Firms Wouldn't Pay…
Remember When Firms Would Get Only Dudes to Talk About International Women’s Day?
- Adrienne Gonzalez
- March 8, 2024
March 8, 2024 (that's today) is International Women's Day and as such, I felt an urge to comb through the archive to see what compelling content we've written about it…
Deloitte’s Hiring Darkweb Enthusiasts For a New Batch of Crypto Jobs
- Going Concern News Desk
- March 5, 2024
Last year around this time, one of the big crypto blogs noticed Deloitte had suddenly placed more than 300 job openings for positions such as Blockchain & Digital Assets Manager,Blockchain…
Let’s See What You Got For Employee Appreciation Day
- Adrienne Gonzalez
- March 1, 2024
As it's the first Friday of March, today is Employee Appreciation Day. I never would have known had I not seen this tweet from Marcum because the company I work…
Oxford Study Finds Workplace Wellness Programs Do Diddly Squat For Mental Health
- Adrienne Gonzalez
- February 13, 2024
In "Employee well-being outcomes from individual-level mental health interventions: Cross-sectional evidence from the United Kingdom" published in Industrial Relations Journal, wellbeing enthusiast and researcher Dr. William Fleming has found that…
Technology
View AllWeekend Discussion: Does Leadership Even Know What Gen AI Is?
- Adrienne Gonzalez
- March 24, 2024
KPMG put out results from a GenAI survey recently and it made this thought I've had bubbling in my mind for a while boil over: Does leadership even know what…
Big 4 Firms Regularly Caught Cheating Worried ChatGPT Will Help Applicants Cheat
- Adrienne Gonzalez
- March 7, 2024
Per The Telegraph, Big 4 firms across the pond are now "banning" applicants from using ChatGPT and its equivalents to help with applications because they're afraid AI tools "will help…
Deloitte’s Hiring Darkweb Enthusiasts For a New Batch of Crypto Jobs
- Going Concern News Desk
- March 5, 2024
Last year around this time, one of the big crypto blogs noticed Deloitte had suddenly placed more than 300 job openings for positions such as Blockchain & Digital Assets Manager,Blockchain…
Friendly Reminder to Double-Check Your ChatGPT Output Today
- Adrienne Gonzalez
- February 21, 2024
So apparently ChatGPT went psychotic some time yesterday with multiple users on r/chatgpt reporting issues ranging from entertaining to terrifying. The incident is a reminder to not blindly rely on…
QOTD: “The Robots Are Not Coming For Your Jobs, They’re Coming For Your Tasks”
- Going Concern News Desk
- February 16, 2024
That's Dan Black, Global Talent Acquisition Leader at EY, in an interview with HR Grapevine. Q. We’ve seen high-profile cases of AI-related layoffs. How do you protect employees as you…
Practice Management
View AllTop Remote Accountants of the Week | March 21, 2024
- Liz Branch
- March 21, 2024
Are you struggling to hire remote accountants, CAS, auditors, or tax professionals for your firm or internal team? Accountingfly is ready to partner with you! With Always-On Recruiting, you can…
Only the Dumb Firms Monitor Badge Swipes
- Adrienne Gonzalez
- February 22, 2024
Monitoring badge swipes fosters a culture of distrust and only discourages people from coming to the office says Nahla Khaddage Bou-Diab in this Accountancy Today article. Khaddage Bou-Diab is credited…
The Job Ghosting Is Getting Out of Hand
- Going Concern News Desk
- February 19, 2024
Remember when millennials were entering the workforce 15-20 years ago and the business rags were gassing up HR talking about how not loyal they all are? Millennials can breathe a…
Top 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…
From Felon to Firm Owner: A Redemption Story
- Blake Oliver, CPA
- November 3, 2023
Scott Scarano is not your typical accounting firm owner. With his hip-hop hats, silver chains, and rapper persona, he looks more like a SoundCloud artist than a buttoned-up businessman. Yet…
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The PCAOB Just Hit PwC With a Massive Independence Violation
- Adrienne Gonzalez
- March 28, 2024
Whoops! Fresh from the Public Company Accounting Oversight Board (PCAOB), just now they've announced a settled disciplinary order sanctioning PwC for violations of PCAOB quality control standards relating to the…
Surprise, There Was a Lot of COVID Relief Fraud
- Going Concern News Desk
- March 28, 2024
The IRS has announced via press release that Criminal Investigation (CI) has been busy investigating what could end up being almost $9 billion of fraud related to various COVID measures…
Cheap-Ass Firms Are Loving This Outsourcing Thing
- Adrienne Gonzalez
- March 27, 2024
Is no one concerned about the brain drain happening at the lowest levels as all the grunt work that used to train newbies gets sent overseas? Are we quickly headed…
Withum Turns 50
- Going Concern News Desk
- March 27, 2024
The New Jersey accounting firm formerly known as WithumSmith+Brown got a nice little write-up in ROI-NJ for turning 50 on March 21, go read it if you want to find…
Why Is Everyone Chattering About KPMG Acquiring Rothstein Kass?
- Adrienne Gonzalez
- February 24, 2014
Over the weekend, we began hearing rumors of a KPMG/Rothstein Kass merger. Rather, a somewhat upset individual sent us this:As discussed and expected in the 2013 layoffs thread here about…
Here’s Your Open Thread for EY Compensation Discussions (2015)
- Caleb Newquist
- August 17, 2015
There's been a steady stream of tips coming in for the last week about EY comp discussions starting today and we understand that people are anxious.Here's how one tipster put…
Here’s Your Open Thread for EY Compensation Discussions (2014)
- Adrienne Gonzalez
- July 2, 2014
Yes, we know this is early but the natives are getting restless, as evidenced by our inboxes:EY compensation and promotion talks have began in the NY areaWe reached out to…
Here’s Your Open Thread for EY Compensation Discussions (2013)
- Caleb Newquist
- August 12, 2013
The time has finally come for employees of all Black and Yellow stripes to discuss their financial satisfaction (or lack thereof) for this year. There's seems to have been quite a…
Twitter Feed
Deloitte Partners Tragically Hit With "Improvement Required" Performance Ratings For Backdating Workpapers
"How is it that toxic leaders wreaking havoc in our workplaces are able to achieve organizational success given their negative impact on both employees and their organizations? And why does it seem that there are often no consequences for their behavior?"
Weekend Discussion: Does Leadership Even Know What Gen AI Is?
Footnotes this week:
- PwC has gigantic balls for how they're handling their scandal
- EY gets an ad for the Neuro-Diverse Center of Exploitation in BBC
- Why you shouldn't cheap out on municipal audits
- Naughty Deloitte partners punished
Quick Reads
View AllFriday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24
- Going Concern News Desk
- March 22, 2024
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 Taps a Loyal Soldier For the Next FSO Leader
- Adrienne Gonzalez
- March 22, 2024
With Janet Truncale heading out of EY's Financial Services Organization (FSO) and into the big seat as EY Global Chair and CEO when Carmine Di Sibio steps down on July…
The 244th Largest Accounting Firm in the US Is Getting a Big New Office
- Going Concern News Desk
- March 21, 2024
An accounting firm you've never heard of made the local news in a Tennessee town you've also never heard of for the firm moving into 55,000 square feet in a…
Sponsored Content
View AllTop Remote Accountants of the Week | March 21, 2024
- Liz Branch
- March 21, 2024
Are you struggling to hire remote accountants, CAS, auditors, or tax professionals for your firm or internal team? Accountingfly is ready to partner with you! With Always-On Recruiting, you can…
Top 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,…
Surprise, There Was a Lot of COVID Relief Fraud
- Going Concern News Desk
- March 28, 2024
The IRS has announced via press release that Criminal Investigation (CI) has been busy investigating […]
Cheap-Ass Firms Are Loving This Outsourcing Thing
- Adrienne Gonzalez
- March 27, 2024
Is no one concerned about the brain drain happening at the lowest levels as all […]
Withum Turns 50
- Going Concern News Desk
- March 27, 2024
The New Jersey accounting firm formerly known as WithumSmith+Brown got a nice little write-up in […]
Mayo-on-Fries Mazars Might Join KPMG and Deloitte in the Exam Cheating Hall of Shame
- Adrienne Gonzalez
- March 26, 2024
Last July, Dutch news revealed that least 500 staff at KPMG Netherlands were cheating of […]
Deloitte Partners Tragically Hit With “Improvement Required” Performance Ratings For Backdating Workpapers
- Going Concern News Desk
- March 25, 2024
Do you guys remember the Deloitte auditors in Canada who were busted changing the clocks […]
Monday Morning Accounting News Brief: Consulting Really Sucks Right Now; Inside a PwC Leadership Race | 3.25.24
- Adrienne Gonzalez
- March 25, 2024
Hey. Hope everyone is well and ready to tackle another week. I’m in gardening mode […]
Weekend Discussion: Does Leadership Even Know What Gen AI Is?
- Adrienne Gonzalez
- March 24, 2024
KPMG put out results from a GenAI survey recently and it made this thought I’ve […]
Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24
- Going Concern News Desk
- March 22, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans […]
EY Taps a Loyal Soldier For the Next FSO Leader
- Adrienne Gonzalez
- March 22, 2024
With Janet Truncale heading out of EY’s Financial Services Organization (FSO) and into the big […]
The 244th Largest Accounting Firm in the US Is Getting a Big New Office
- Going Concern News Desk
- March 21, 2024
An accounting firm you’ve never heard of made the local news in a Tennessee town […]
Guess the AI Told Deloitte to Restructure Its Entire Business
- Going Concern News Desk
- March 21, 2024
As reported first by Financial Times earlier this week, Deloitte is undertaking an ambitious change-up […]