Well the year is just chugging along, here we are at the first Monday news […]
- Grant Thornton Partners Partied in the Bahamas Before This Latest Round of Layoffs (Allegedly)
- Monday Morning Accounting News Brief: PwC Denies It Got DUI Partner Drunk; KPMG Misses a Huge ‘Error’ | 11.25.24
- Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24
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View AllThis 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…
Layoff Watch ’24: KPMG Shrinks Audit By a Few Hundred People
- Going Concern News Desk
- November 4, 2024
You've likely heard of people in audit getting disappeared from KPMG in recent days, we certainly have. Anyone who tried to cope with a "they must have been low performers"…
PwC Reports Un-Chadly Revenue For FY24
- Going Concern News Desk
- October 31, 2024
PwC has announced global revenue numbers for FY24 (unaudited) and like their compadres at Deloitte and EY, they had a relatively ass year compared to the golden days of the…
EY’s Growing Its Public Sector Practice With a New Acquisition
- Going Concern News Desk
- October 29, 2024
Announced yesterday, EY has acquired Dignari, LLC, "a woman-owned leading technology consulting firm specializing in digital identity and access management (IAM) solutions." Said EY, "This acquisition affirms the EY organization’s…
Deloitte Survey: Machines Are Taking Over; Employees to Become Even More Awkward and Uncollaborative
- Adrienne Gonzalez
- October 29, 2024
Whose job is it to provide future workers with the interpersonal skills necessary to navigate the working world (and the world in general, really)? Is it their parents and community?…
News
View AllGrant Thornton Partners Partied in the Bahamas Before This Latest Round of Layoffs (Allegedly)
- Adrienne Gonzalez
- November 26, 2024
On Friday, a tipster generously handed us information that Grant Thornton had engaged in more layoffs. They said: I'd like to anonymously report that Grant Thornton is conducting another round…
Monday Morning Accounting News Brief: PwC Denies It Got DUI Partner Drunk; KPMG Misses a Huge ‘Error’ | 11.25.24
- Adrienne Gonzalez
- November 25, 2024
Morning, all. And an early Happy Thanksgiving to our fellow Americans! Thanks Kuya Mike for alerting us to this situation first thing in the morning in such an entertaining way.…
Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24
- Going Concern News Desk
- November 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…
The Powers That Be Are Getting Desperate For People to Do This Experience and Learn Thing
- Adrienne Gonzalez
- November 21, 2024
The AICPA's Experience, Learn & Earn (ELE) Program -- controversial among some educators for reasons explained in depth here -- required accounting employers to sign up for the program when…
Grant Thornton UK Picks Private Equity Over Merging With Its US Cousins
- Going Concern News Desk
- November 20, 2024
Finally, Grant Thornton UK has picked a private equity firm to whore itself out to. We can only hope this means that the UK media -- looking at you, The…
Technology
View AllEY’s Growing Its Public Sector Practice With a New Acquisition
- Going Concern News Desk
- October 29, 2024
Announced yesterday, EY has acquired Dignari, LLC, "a woman-owned leading technology consulting firm specializing in digital identity and access management (IAM) solutions." Said EY, "This acquisition affirms the EY organization’s…
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…
DAE Get Sick of Hearing About Accounting Firms Getting Their Data Breached?
- Going Concern News Desk
- October 8, 2024
Another small accounting firm has reported a data breach involving the protected health information of a whole lotta people. On October 7, Dohman, Akerlund & Eddy, LLC (or DA&E as…
A Firm With 55 People Finds Itself at the Center of a Data Breach Affecting 127,431
- Going Concern News Desk
- October 2, 2024
It seems like every other day we're seeing a new story about an accounting firm that's suffered a data breach. Just the other day, CBIZ revealed bad actors exploited a…
Hackers Say They Got Their Hands on Deloitte Intranet Communications
- Going Concern News Desk
- September 25, 2024
This made the fringe cybersecurity news a few days ago: Deloitte got hacked. Again. And in a tremendously noobish way. SecurityWeek reports: The hacker known as IntelBroker announced late last…
Practice Management
View AllTop Remote Accountants of the Week | November 21, 2024
- Liz Branch
- November 21, 2024
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 can access…
Top Remote Accountants of the Week | November 14, 2024
- Liz Branch
- November 14, 2024
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 can access…
Citing Rising Costs, Accounting Firms Plan to Increase Fees in 2025
- Going Concern News Desk
- November 7, 2024
*Smaller shops, that is. We know Big 4 and mid-tiers have this pricing thing down. Ignition has released its 2024 US Accounting and Tax Pricing Benchmark report and it reveals…
Top Remote Accountants of the Week | November 7, 2024
- Liz Branch
- November 7, 2024
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 can access…
Top Remote Accountants of the Week | October 31, 2024
- Liz Branch
- October 31, 2024
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 can access…
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That would certainly make things interesting 🤔
More people are now mulling their options as they increasingly feel overworked and underpaid amid relentless cost pressures, finds PwC survey unironically.
"Up to a third of staff at some of the nation’s top accounting firms are located offshore and leaders say the trend will only accelerate as they seek to cut costs and deliver work more quickly."
Quick Reads
View AllThis 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…
Weekend Discussion: TurboTax Declares Itself Direct Competition of Tax Pros
- Adrienne Gonzalez
- October 5, 2024
How are we feeling about this new TurboTax ad? How X is feeling. TurboTax states they'll beat your last preparer's 2023 price by at least 10% if you've got a…
Accounting Firm Named ‘The Pun Group’ Isn’t Punny at All
- Adrienne Gonzalez
- October 3, 2024
INSIDE Public Accounting #437 firm The Pun Group of Santa Ana, CA (revenue $8,856,915) put out a press release about their new website today and imagine our disappointment when we…
QOTD: “Now We Don’t Have to Pay People Out When They Leave Which Is Just Good Business”
- Adrienne Gonzalez
- September 20, 2024
Today's quote of the day comes from a post on r/KPMG: Things feel worse than ever OP says: I’ve been working here a year in an office in New York…
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…
Friday Footnotes: All Audit Reports Matter; BDO Ordered to Pay; Just How Many Firms Are Offshoring? | 11.1.24
- Going Concern News Desk
- November 1, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans […]
PwC Reports Un-Chadly Revenue For FY24
- Going Concern News Desk
- October 31, 2024
PwC has announced global revenue numbers for FY24 (unaudited) and like their compadres at Deloitte […]
Top Remote Accountants of the Week | October 31, 2024
- Liz Branch
- October 31, 2024
Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your […]
Another Explosive BDO Lawsuit Counterclaim Accuses the Firm of Inflating Revenue, ESOP Tomfoolery
- Adrienne Gonzalez
- October 30, 2024
TLDR ChatGPT summary: BDO USA filed a lawsuit accusing a former leader, Phuoc Vin Phan, […]
Five Reasons Why Your Firm Is Getting Terrible Applicants
- Liz Branch
- October 29, 2024
This post is for the employers. If you’re a job seeker you can ignore this. […]
EY’s Growing Its Public Sector Practice With a New Acquisition
- Going Concern News Desk
- October 29, 2024
Announced yesterday, EY has acquired Dignari, LLC, “a woman-owned leading technology consulting firm specializing in […]
Deloitte Survey: Machines Are Taking Over; Employees to Become Even More Awkward and Uncollaborative
- Adrienne Gonzalez
- October 29, 2024
Whose job is it to provide future workers with the interpersonal skills necessary to navigate […]
PwC Was Thoughtful Enough to Wait Until After Hurricane Milton to Lay Off Tampa Employees
- Going Concern News Desk
- October 28, 2024
In September, Wall Street Journal was first to report that PwC planned to cut 1800 […]
Monday Morning Accounting News Brief: GT Partners Eye Their Own Yachts; How EY Can Handle ‘Cheating’ Better | 10.28.24
- Adrienne Gonzalez
- October 28, 2024
Hi! I heard you like news with your Monday morning coffee, here you go. People […]
Friday Footnotes: Baker Tilly Did What!?; Internship Ranking Winner Same As Last Year; Pillar II to Be a PITA | 10.25.24
- Going Concern News Desk
- October 25, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans […]
Layoff Watch ’24: PE-Backed Citrin Cooperman Let Some People Go This Week
- Going Concern News Desk
- October 25, 2024
We’ve been told by multiple sources that Citrin Cooperman (IPA Top 100 #19 with $674 […]