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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator [ Wall Street Journal ] Large accounting firms will have to submit financial statements annually to the U.S. million from customers and failed to report the income on tax returns. The two men received over $1.5

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Withum Climbs to #16 on Vault’s Top Accounting Firm List

Withum

Withum is proud to secure the #16 Position on Vaults Annual Ranking of the Top 25 Accounting Firms for 2026. While tax season typically involves extended working hours and deadline pressures, Withum promotes a healthy work-life balance outside that time. The entire Vault Accounting 25 list is available here.

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KROST Recognized by Los Angeles Business Journal as Top Accounting Firms 2022

KROST

Pasadena, CA – KROST was recognized as one of Los Angeles Business Journals’ Top 100 Accounting Firms in Los Angeles County, with 78% growth in revenue between 2020 and 2019, the firm is ranked 22 nd on the list. Our firm is honored to be recognized by the Los Angeles Business Journal yet again.

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TIGTA Does Some Digging on the Revolving Door Between the IRS and Large Accounting Firms

Going Concern

The Treasury Inspector General for Tax Administration released a report Tuesday [ PDF ] they initiated in response to a Congressional request from Sen. to evaluate employees moving between large accounting firms and the IRS, a.k.a The Congressional request specifically noted interest in large accounting firms.

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PwC Locks Down Top Spot in Vault’s Best Accounting Firms Ranking for 2025

CPA Practice

April 15 isn’t just Tax Day. It’s also the day career website Vault.com typically releases its latest ranking of the 25 best accounting firms to work for. Vault’s ranking for 2025 came out Monday morning, and for the 12th straight year, PwC was named the top accounting firm in the U.S. KPMG (3) 3.

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Plenty of Other Firms Were Winners in Vault’s 2024 Accounting Rankings

CPA Practice

The two biggest headlines coming out of Vault’s rankings of the best accounting firms for 2024 were PwC taking the “Best Accounting Firm to Work For” award for the 11th straight year and Deloitte ending PwC’s 14-year run as “Most Prestigious Accounting Firm.”

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PwC Once Again Tops the Vault Accounting 25, EY Almost Didn’t Make the List

Going Concern

Prestige accounts for 35 percent of the ranking formula; culture makes up 20 percent; satisfaction, compensation, and work/life balance each account for ten; business outlook, formal training, and informal training round it out with 5 percent each. And now you know how Vault comes up with each firm’s score. Full list here.