Footnotes is a collection of stories from around the accounting profession curated by actual humans […]
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View AllFormerly Prestigious Firm Fires 327 People and Three Dozen Partners After Genius Money-Making Scheme Backfires
- Adrienne Gonzalez
- March 13, 2024
*Technically the partners are being forced to retire but the headline was already way too many characters It's been more than a year since Australian Financial Review blew the PwC…
It Just So Happens Firing People Isn’t Good For Morale
- Going Concern News Desk
- March 12, 2024
Across the pond, Big 4 firms are struggling to generate deals business in this lackluster economy and as expected this has led to some cuts. KPMG let 6 percent of…
PwC Celebrates Seven Consecutive Years of Not Screwing Up the Oscars
- Adrienne Gonzalez
- March 11, 2024
The 96th annual Academy Awards went off seemingly without a hitch last night but we're not here to talk about that because this isn't a movie blog and I haven't…
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…
Here’s How Clients Rank Big 4 Risk Advisory (Or Something, We Aren’t Really Sure)
- Going Concern News Desk
- March 7, 2024
The stock photo site we use tagged this image under "ranking," let's just go with it. So KPMG put out a press release about receiving top rankings across multiple categories…
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 AllBig 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…
Another Accounting Firm Has Had Its Data Breached
- Going Concern News Desk
- January 30, 2024
Just when you think "hacker" stock photos couldn't get any dumber. This is not a practical outfit for hacking activities, come on. Without bothering to search our archive of 16,000+…
Practice Management
View AllTop Remote Accounting Candidates: February 29, 2024
- Liz Branch
- February 29, 2024
Are you struggling to hire remote accountants, CAS, auditors, or tax professionals right for your firm or internal team? Accountingfly is ready to partner with you! Gain full access to…
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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Friday Footnotes: PwC Isn’t Getting a Redemption; Just Say No to NOCLAR; Oh, Layoffs? | 3.15.24
- Going Concern News Desk
- March 15, 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…
Private Equity Is Taking a Majority Stake in Grant Thornton
- Adrienne Gonzalez
- March 15, 2024
The selection of "Grant Thornton" images on our stock photo site sucks, this office in Ireland is the best I could do sorry. This morning we received a tip: Grant…
Grant Thornton Poaches a Partner From a Law Firm and Issues a Press Release
- Going Concern News Desk
- March 14, 2024
Grant Thornton's asset management practice is moving up in the world as the firm announces they've stolen a partner from Philadelphia's Stradley Ronon Stevens & Young, LLP. Grant Thornton LLP…
‘The Accountant 2’ Is a Go
- Going Concern News Desk
- March 14, 2024
According to an exclusive from Deadline, a sequel to the 2016 film The Accountant is for sure in the works. If anyone cares. Ben Affleck, Jon Bernthal, J.K. Simmons, and…
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
Executive coaches are touting magic mushrooms to hedge fund managers and corporate leaders as a way to expand their minds — and their performance
It Just So Happens Firing People Isn't Good For Morale
Formerly Prestigious Firm Fires 327 People and Three Dozen Partners After Genius Money-Making Scheme Backfires
BDO Lawsuit Alleges a Defector Took the Team With Him When He Jumped Ship to Another Firm
BDO says the national leader for healthcare TAS tried to take a dozen people with him when he left for another consulting biz in January.
Quick Reads
View AllIt Just So Happens Firing People Isn’t Good For Morale
- Going Concern News Desk
- March 12, 2024
Across the pond, Big 4 firms are struggling to generate deals business in this lackluster economy and as expected this has led to some cuts. KPMG let 6 percent of…
Monday Morning Accounting News Brief: EY Morale Is Suffering After Layoffs; Ignoring Audit Quality? | 3.11.24
- Adrienne Gonzalez
- March 11, 2024
Hiya! It's pretty dead out there today. So feel free to review Friday's Footnotes for a news fix because this one is going to be dry. You can also check…
Friday Footnotes: They Really Screwed Up That PCAOB Cheating Thing; Better Not Get Burned Out; Uber of Audits | 3.8.24
- Going Concern News Desk
- March 8, 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…
Sponsored Content
View AllTop Remote Accounting Candidates: February 29, 2024
- Liz Branch
- February 29, 2024
Are you struggling to hire remote accountants, CAS, auditors, or tax professionals right for your firm or internal team? Accountingfly is ready to partner with you! Gain full access to…
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,…
Private Equity Is Taking a Majority Stake in Grant Thornton
- Adrienne Gonzalez
- March 15, 2024
The selection of “Grant Thornton” images on our stock photo site sucks, this office in […]
Grant Thornton Poaches a Partner From a Law Firm and Issues a Press Release
- Going Concern News Desk
- March 14, 2024
Grant Thornton’s asset management practice is moving up in the world as the firm announces […]
‘The Accountant 2’ Is a Go
- Going Concern News Desk
- March 14, 2024
According to an exclusive from Deadline, a sequel to the 2016 film The Accountant is […]
Formerly Prestigious Firm Fires 327 People and Three Dozen Partners After Genius Money-Making Scheme Backfires
- Adrienne Gonzalez
- March 13, 2024
*Technically the partners are being forced to retire but the headline was already way too […]
BDO Lawsuit Alleges a Defector Took the Team With Him When He Jumped Ship to Another Firm
- Going Concern News Desk
- March 13, 2024
BDO USA filed a federal trade secrets lawsuit against Ankura Consulting on Monday that alleges […]
Low 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” […]
It Just So Happens Firing People Isn’t Good For Morale
- Going Concern News Desk
- March 12, 2024
Across the pond, Big 4 firms are struggling to generate deals business in this lackluster […]
PwC Celebrates Seven Consecutive Years of Not Screwing Up the Oscars
- Adrienne Gonzalez
- March 11, 2024
The 96th annual Academy Awards went off seemingly without a hitch last night but we’re […]
Monday Morning Accounting News Brief: EY Morale Is Suffering After Layoffs; Ignoring Audit Quality? | 3.11.24
- Adrienne Gonzalez
- March 11, 2024
Hiya! It’s pretty dead out there today. So feel free to review Friday’s Footnotes for […]
Weekend Discussion: Is Everybody Dumb Now?
- Adrienne Gonzalez
- March 9, 2024
Are the kids not alright? That’s the question posed by this recent r/Big4 post. Two […]
Friday Footnotes: They Really Screwed Up That PCAOB Cheating Thing; Better Not Get Burned Out; Uber of Audits | 3.8.24
- Going Concern News Desk
- March 8, 2024
Footnotes is a collection of stories from around the accounting profession curated by actual humans […]