article thumbnail

Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

The other Big Four firms have had their share of tax scandals — some of them at least as serious as the current PwC one. Institute of Chartered Accountants in England and Wales (ICAEW) is hoarding the funds paid to it as a result of fines , writes Richard Murphy on his blog Funding the Future.

CPA 98
article thumbnail

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

Going Concern

But clients seek delivery of specialized services from the CPA firms knowing that they will be provided within an existing framework of quality, professionalism, discipline, and control. The district issued a demand letter dated Oct. 5 letter from district administrator Joe Phillips to Chief Auditor Joris Jabouin.

auditor 52
article thumbnail

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.