article thumbnail

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

Going Concern

The request, received by TIGTA on February 18, 2022 urged TIGTA to “open an inquiry into the revolving door between the country’s top accounting firms and the Federal Government and to inform Congress and the public about [TIGTA’s] findings.” employees moving] between their firms and Government service at the IRS.”

article thumbnail

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

Going Concern

There’s a reason the Big Four firms often schedule key staff up to 3,000 hours annually for hundreds of dollars (or GBP) per hour. The study reveals a large majority of accountants believe the technology will enhance rather than eliminate jobs and benefit the profession overall, driving productivity and business growth. “AI

audit 109