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Monday Morning Accounting News Brief: Unintended Audit Consequences; The IRS Needs Experienced Accountants; PwC AI | 9.18.23

Going Concern

‘There is no work to balance’: how shrinking budgets, Covid and AI shook up life in consulting : Andrew* is a 63-year-old partner in a small consultancy in England who finds himself with too much free time and too little cash. Sierra, a 23-year-old associate in New York is feeling “horrible” pressure to perform so she is not laid off.

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Talent-Strapped Down Under Deloitte and EY Are Importing Staff

Going Concern

We all know outsourcing is big these days — accounting firms might be sending a third of their work overseas and some seniors are overseeing an entire team of offshore associates — but what about insourcing ? We’re talking about talent-strapped Big 4 firms bringing the offshore talent to them. In the U.S.,

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Friday Footnotes: Tim Ryan Works Too Hard; Fake CPA Gets Violent Over QuickBooks Files; PwC PR | 10.20.23

Going Concern

A consulting firm struggled to find the right hybrid work model. day workweek [ Fortune ] Management consulting firm Insigniam has seemingly found that happy medium after instituting a 4.5-day TowerBrook and Eisner plan to continue acquiring regional accounting firms or partnerships.

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Friday Footnotes: Firms on India Hiring Spree; PCAOB Heads Overseas; PwC Lets You See Your Family This Summer | 5.6.22

Going Concern

The 25-year-old tax accountant saw the story on the news and decided he wanted to take Ralph, a woman he’d never met, to Game 2 of the NBA Finals. The accountancy firm has written to its 22,000 UK staff and told them they can knock off at lunchtime on Fridays between 1 June and 31 August, assuming they get their work done.

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