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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

Cheaters What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million million to settle exam cheating scandal [ Canadian Accountant ] The Canadian member firm of PricewaterhouseCoopers International has agreed to pay the Chartered Professional Accountants of Ontario $1.45

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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. in 2020 , 3.6%

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

Going Concern

The Accounting 25 rank tells us factors other than prestige — like culture, satisfaction, compensation, and training — pushed PwC to #1. PwC also ranks first in all three Practice Area Rankings (Audit & Assurance, Tax, and Forensic Accounting). Full list here.

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

CPA Practice

But those weren’t the only firms to receive kudos from Vault, a website that provides career resources and advice to students and job seekers. Each year Vault recognizes the top accounting firms in several different workplace categories, based on the feedback it receives from a survey of accountants.

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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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The danger of overheard conversations

Accounting Insight

Sitting in this space means it’s entirely possible that you might hear the telephone conversations being made or received – including who the receptionist is talking to, who they are transferring calls to and which services the caller might need, perhaps insolvency support, audit expertise or tax advice.

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Monday Morning Accounting News Brief: PwC Picks a Global Chair; Guy Cusses Out KPMG | 10.30.23

Going Concern

Instead, KPMG leaked my private texts – but I stand by every furious word I said Nyunggai Warren Mundine has doubled down after his foul-mouthed text messages to a top accounting firm were leaked. Bloomberg Tax profiled CLA. Tupperware noted there is not dispute between it and the firm. It’s more than $1.8

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