When accounting goes unaccounted for. Tips: 202-505-8885 • [email protected]
Joined June 2009
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Tips are the lifeblood of GC, without them it's hard for us to make fun of your firm for doing stupid things. Share those stupid things with the class so we can all laugh.
Going Concern retweeted
Great advice from the @AICPA 2026 Tax Ethics Update:
Have an engagement letter & STAY INSIDE IT!
Scope creep can put liabilities on you and your firm. – at Breckenridge, CO
ANR: Hackers Breach PwC Data • Accounting Manager's Company Bankrupted by Camgirls • Make Expense Reports Suck Less! - mailchi.mp/accountingfly/hac…
Hackers Have Apparently Stolen a Whole Lot of PwC Homework
goingconcern.com/hackers-hav…
Going Concern retweeted
Microsoft wants to replace 60,000 employees with AI when they can’t even get Teams to recognize that I’m still working just because I haven’t moved my fucking mouse in 3 minutes.
In today's news brief:
- An accounting manager used company money to tip e-girls
- Deloitte continues to struggle with AI slop and also math
- A local worried about his town's finances is surprisingly informed when it comes to accounting firm mergers
goingconcern.com/monday-morn…
Going Concern retweeted
Normalize cutting the tension in a meeting by ending it with, “We’re all gonna die one day, so none of this really matters.”
ANR: Public Accounting Salaries Paltry Bump in 2027 • Finance Leaders Shopping for CAS Partner • Career Ladder Is Out - mailchi.mp/accountingfly/pub…
"The incident came to light when a KPMG employee sent a draft audit report marked 'OFFICIAL: Sensitive' from a KPMG email account rather than from a specifically-assigned account for Services Australia."
Review finds KPMG Australia mishandled whistleblower claims, pause on government work extended reut.rs/4Bqbva0 reut.rs/4Bqbva0
Public Accounting Salaries Are Projected to Get a Paltry 1.8% Bump in 2027
goingconcern.com/public-acco…
Going Concern retweeted
Now that tax season is over and you had a few days to recuperate, get on with firing those clients you know need to go. There will be plenty more to take their place.
Going Concern retweeted
The public will soon be able to view Tax Court motions remotely through the Tax Court’s electronic filing and case management system rather than having to file a records request or visit the courthouse. taxnotes.co/4zGm5rA
Going Concern retweeted
Happy 40th birthday to the Internal Revenue Code of 1986, to all who observe!
ANR: PwC Ekes Past EY With $60.2 Billion in Reported Global Revenue • Deloitte Starts Week With Layoffs • Do More Fraud To Save Accounting Profession? - mailchi.mp/accountingfly/pwc…
Going Concern retweeted
It's interesting what AI is doing to hourly advising. I do annual one-hour reviews for clients who ask. Recently, a few clients sent 50+ pages of AI-generated reports on their finances, along with a 15-tab AI spreadsheet and 85 AI-generated questions. They deliver all this the morning of the call "for review prior to speaking." 😂 I'm good, but not that good.
Just got an ad for an AI service that mails postcards and "handwritten-style" letters for you.
What are we doing.
