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Monday Morning Accounting News Brief: EY Embarrasses Itself (Again); Archaic IRS Tech; Partners Battle It Out | 2.27.23

Going Concern

In Australia, EY is still bungling this one up : EY accidentally leaked the personal details of current and former employees while trying to launch a massive review into the firm’s workplace culture. Go forth and account. From FloQast : Six in ten (63%) U.K. From FloQast : Six in ten (63%) U.K.

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Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

The headline is a bit disappointing however the article is not: Tax prep fees are rising because accounting is not a ‘cool’ career American taxpayers had to pay at least 20% more on average to get their taxes done last year — and accountants aren’t thrilled about it either. This eclipses the 4.2% In Sanders v. Comm’r, 160 T.C.

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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

Accounting Ranks First In Something Good For Once More 2. Grant Thornton Gets Downgraded to a Tier 2 Firm, That’s Probably a Good Thing 1. NYSSCPA CEO Calvin Harris, CPA said in a column for CPA Journal : But the winds of change have long been upon us. More on the New York non-CPA ownership bill. Why the Question?

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Friday Footnotes: KPMG Client’s Spectacular Failure; PwC Gets Defensive; Kids Doing Taxes | 3.10.23

Going Concern

And I oop– It’s true (Part II, Item 8 “Report of Independent Registered Public Accounting Firm”). Half of those entering the accounting profession are women,” Peters wrote in the study. The issue in Big Four firms is leakage from the pipeline. KPMG has served as SVB auditor since 1994.

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Friday Footnotes: Looking Elsewhere For Talent; MPs Talk Private Equity Concerns; The Burnout Queen | 8.25.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The accounting industry is in a state of transition. The influx of private equity, labor shortages, and remote/hybrid work have all impacted accounting firms to varying degrees.