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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services.

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

World-wide, startups making AI-powered accounting software amassed $233.3 million in funding for all of 2021, according to research provider PitchBook Data Inc. While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL.

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