Friday Footnotes: Deep Bench Has Government Consultants Worried; Accounting...
We See You, #TaxTwitter Have you reached the eye twitch part of tax season yet?— Logan Graf (@LoganGrafTax) March 6, 2025 Consulting Trump administration to expand blitz against spending on...
View ArticleMonday Morning Accounting News Brief: FAR Isn’t That Hard If You’re Drunk;...
Good morning! Hope you didn’t have to waste too much time yesterday setting all your antiquated manual clocks forward like I did. Care for some news? This post from r/CPA popped up when I was...
View ArticleKPMG to Merge With KPMG, KPMG, KPMG, KPMG, KPMG, KPMG…
KPMG thinks it’ll save money, open up new opportunities, and be better equipped to make widespread technology investments by consolidating local firms in its international network. In May of 2024,...
View ArticleClik here to view.
Before You Cuss NASBA Out About CPA Exam Pass Rates Please Consult This Chart
Early last month, 2024 CPA exam pass rates started getting quite a bit of attention for being terrible. FAR, specifically. As we observed in “What TF Is Going on With CPA Exam Pass Rates?,” published...
View ArticleLearn Your Big 4 Lore: The Failed Merger of Ernst & Young and KPMG
This article was originally published on April 9, 2015. Last update: March 12, 2025 In the late 1990s there were 6 major accounting firms serving our capital markets with gusto (in alphabetical...
View ArticleClik here to view.
Hold Up, Is the IRS Actually Answering the Phone!?
According to New York Times, President Trump’s goal to have the IRS workforce halved is “a drastic reduction that could mean many Americans face less scrutiny, and receive less help, on their taxes.”...
View ArticleTop Remote Tax and Accounting Candidates of the Week | March 13, 2025
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you...
View ArticleClik here to view.
The SEC Cooled It on Enforcements But Hit a New High on Monetary Penalties...
Cornerstone Research has put out their SEC Accounting and Auditing Enforcement Activity—Year in Review: FY 2024 report [PDF] and then they put out a press release highlighting the important parts so...
View ArticleA Top 35 Firm Is Talking About Making Their India Staff Partners Now
Houston-based Weaver (IPA Top 100 #31 with a mere $328 million in revenue) has been busy in India. According to Houston Business Journal, they’re about to get busier: Weaver opened three offices in...
View ArticleFriday Footnotes: PwC’s Loss is Deloitte and EY’s Gain; PCAOB Thinks Your...
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 get the...
View ArticleClik here to view.
Monday Morning Accounting News Brief: It’s Not Just You, People Really Are...
Morning, people. 29 days to go until April 15. Got some bad news. We are, in fact, getting dumber: Though there has been a demonstrably steep decline in cognitive skills since the COVID-19 pandemic...
View ArticleAnother Day, Another 216,000 Social Security Numbers Stolen From an...
Absurd “hacker” stock photos will never not be funny to us. This doesn’t even make sense, why are they standing up?? We’ve written up several accounting firm data breaches in the past year or two,...
View ArticleClik here to view.
A Top 15 Firm Across the Pond Wants to IPO, Has to Get Regulators Off Their...
MHA, top 15 firm in the UK (#13) and member of Baker Tilly International, is apparently seriously considering an IPO and soon, maybe as soon as the end of this month. The Times reported earlier this...
View ArticleClik here to view.
Nine KPMGs Got Real Sloppy About Reporting How Much Outsourced Work They Were...
The other day the PCAOB proudly announced that it was punishing several members of KPMG’s global network, those being: KPMG Brazil, KPMG Canada, KPMG Italy, KPMG Israel, KPMG UK, KPMG Mexico, KPMG...
View ArticleTop Remote Tax and Accounting Candidates of the Week | March 20, 2025
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you...
View ArticleClik here to view.
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...
View ArticleClik here to view.
Accenture Warns Investors Things Will Be Sucky Until They Can Overcharge the...
In case you haven’t heard, billable prospects aren’t looking so hot for Accenture these days. Pick any one of these stories from the last 24 hours: Let’s go with Financial Times since they appear to...
View ArticleFriday Footnotes: Big 4 Pissed at IRS; Tech Companies Tweak Servers’ Useful...
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 get the...
View ArticleClik here to view.
Monday Morning Accounting News Brief: Guy Inside Trades Because Job Doesn’t...
Good morning, capital markets servants! I have some news for you. I don’t follow the Fed these days, certainly not as dutifully and angrily as I did back when both this website and I were young, but...
View ArticleThe King’s PwC Earns a Hefty Fine For a 2019 Bank Audit
Feels like it’s been a while since we’ve written up a serious audit failure fine — not counting the PCAOB’s busywork because the PCAOB aggressively trying to make itself look useful doesn’t count — so...
View ArticleFriendly 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 around here. We need to do a better...
View ArticleClik here to view.
Now EY Is Talking About Mercilessly Consolidating Its Global Units
It’s not often we get to say Deloitte, EY, or PwC are following in KPMG’s footsteps but here we are. The phrase of the day is “global reorganization” and we should all be asking wtf is happening when...
View ArticleClik here to view.
Want to Know Exactly How Much Offshore Staff Are Making? Gotchu
Who wants to see an offshore salary guide? Because we’ve got one for you today. It comes from TeamUp, a company that does direct hires for US, Canadian, and Australian firms hiring overseas, meaning...
View ArticleTop Remote Tax and Accounting Candidates of the Week | March 27, 2025
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you...
View ArticleClik here to view.
Can You Believe This Accounting Firm Raided By Police Wasn’t Paperless??
51 Thais and 21 Chinese nationals working at an unnamed accounting firm in Bang Phli Yai, a modestly sized district on the eastern side of Bangkok, have been arrested for what appears to be an scheme...
View ArticleFriday Footnotes: Aprio Acquires Something of RSM’s; PwC Report Says Gen Z Is...
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 get the...
View ArticleClik here to view.
Monday Morning Accounting News Brief: Crikey, Another Tax Scandal; Deloitte...
Hey people. The sun is shining, the birds are chirping pooping on my porch, and it’s another fabulous week. Prayers to those of you in the final stretch of tax season. If any clients are being...
View ArticleA Top Ten Firm is Frustrated Their Gen Z Staff Don’t Know How to Use Phones...
It’s hard to write an article like this without coming off as some kind of boomer complaining about how kids these days are so [insert pejorative here] so allow me to preface this by saying I don’t...
View ArticleTrump Ends the Tax Refund Check
We thought about posting this news yesterday but decided not to just in case someone thought it was an April Fools’ joke. And lookie here, someone did. Is this some kind of April Fool's joke? U.S....
View ArticleTop Remote Tax and Accounting Candidates of the Week | April 3, 2025
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you...
View ArticleClik here to view.
Deloitte Gets DOGE’d Harder Than Anyone
We’ve been saying for weeks now that Deloitte is going to get especially screwed by President Trump’s hard-on for reducing government spending and some people have mistaken this for us having a...
View ArticleClik here to view.
Layoff Watch ’25: Here Comes the RIF at Deloitte
Well we knew layoffs were coming to Deloitte sooner or later, just didn’t think it would be this much sooner. Saw this discussion on r/deloitte yesterday: A + C = Advisory and Consulting. Damn you,...
View ArticleFriday Footnotes: Pokemon But Make It Tax; IRS Employees Get Their Jobs Back;...
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 get the...
View ArticleMonday Morning Accounting News Brief: Firm Tells City Client to F Off; One...
Good morning, people. Got some news for you. Financial Review published a story titled “EY and PwC become the outsourcers.” It’s not what you think it is. Among the industries in desperate need of...
View ArticleClik here to view.
Alternate CPA Pathways Breezed Their Way Through the Georgia Legislature
It’s official: alternate CPA pathways have busted out of their Midwestern containment. Just like the AICPA worried they would when Minnesota started rebelling against them. Although it still has to be...
View ArticleClik here to view.
RSM CEO Says They Don’t Poach Big 4 Partners Because Big 4 Partners Are Too...
The headline may sound like a joke but that’s basically what departing RSM Australia CEO Jamie O’Rourke told Australian Financial Review in an interview: Mid-tier accounting firm RSM Australia will...
View ArticleClik here to view.
A Trump Tariff News and Information Roundup Without the Social Media Hot Takes
Ed. note: As we were putting this article together, Trump announced a 90-day pause on tariffs for some countries but China. This news is moving fast. President Trump’s tariffs took effect today and we...
View ArticleWord on the Street Is Baker Tilly and Moss Adams Are Merging
What even is happening. WSJ dropped an exclusive today: Accounting firm Moss Adams is in advanced talks to receive private-equity investment through a merger with peer Baker Tilly, people familiar...
View ArticleTop Remote Tax and Accounting Candidates of the Week | April 10, 2025
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you...
View ArticleClik here to view.
Better Hurry Up and Play This Pokémon Tax Game Before Nintendo’s Lawyers Find...
Do you love tax? Do you also love collecting pocket monsters? Accounting startup Open Ledger has the game for you: PokéTax. You can tell it’s about tax because they slapped a tie on Pikachu. They had...
View ArticleHere 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, like us, were getting bombarded with...
View ArticleFriday Footnotes: PE-Backed Firm Gets Rid of CPA on Email Signatures?; Big 4...
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 get the...
View ArticleProgramming Note: Where Have We Been?
Hi. You may have noticed a shortage of content around here since April 11, a situation that’s not hard to notice given the pace at which we’ve consistently shit out articles Monday through Friday...
View ArticleBaker Tilly and Moss Adams Are Combining to Create a Private Equity-Fueled...
We would have published this earlier were it not for a once-in-two-decades downtime issue when the story broke on Tuesday. So we’re doing it now. As teased by WSJ earlier this month, Baker Tilly and...
View ArticleClik here to view.
Top Remote Tax and Accounting Candidates of the Week | April 24, 2025
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you...
View ArticleBig 4 Alum Start Their Own Thing Hoping Clients Want Something Different and...
Financial Times had a story about a couple Big 4 alumni across the pond starting their own consulting thing with the hope that they’ll compete with their former firms. At first one might be compelled...
View ArticleFriday Footnotes: PwC Kicks Out Middle East Partners; GT Penetrates New...
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 get the...
View ArticleClik here to view.
Monday Morning Accounting News Brief: BTFO PCAOB; Did the CPA Exam Evolve...
The big story over the weekend, and one I’ll probably be writing a biased editorial article on later because I unapologetically hold the opinion that the PCAOB is 99% tedious paper-pushing, comes from...
View ArticleClik here to view.
Firms Keep Lying About the ‘Talent Shortage’ So They Can Hire in India to...
Get a load of this article Reuters published today: A short excerpt: U.S. accounting firms including RSM US, Moss Adams, Bain Capital-backed Sikich and Apax Partners-backed CohnReznick are expanding...
View ArticleClik here to view.
Pink and Yellow Get Laid Off From PwC’s Logo
Hey would you look at that, we predicted PwC was cooking up a big rebranding last year and here we are. PwC announced yesterday the firm is “entering a bold new chapter” with a revamped logo that...
View Article