Going Concern

Going Concern explores the fields of accounting and business finance. The platform offers unique news and expert insights into the culture, individuals, and companies that influence the industry.

International

English

Online/Digital

Outlet metrics

Domain Authority

Ranking

Global

#266890

United States

#72028

Finance/Accounting and Auditing

#117

Traffic sources

Monthly visitors

Articles

Monday Morning Accounting News Brief: PwC Gets a Handy; Deloitte Client Sues the Firm For Yoinking Their Name | 6.16.25

1 week ago | goingconcern.com | Adrienne Gonzalez

Hey. Got a little news for you. Podcaster and observationalist David Leary has a prediction for the future of firms. The tweet:HOT TAKE: AI isn’t going to save accounting firms; it is probably going to kill them. When a VC firm invests $1 billion into OpenAI … they need a return …so now they are planning to spend $500 million to acquire accounting firms that they’ll make “use” (or should we say buy) OpenAI products.
The Era of the Mediocre Hire Is Coming to an End As Firms Look to Slash Headcounts

2 weeks ago | goingconcern.com | Adrienne Gonzalez

Ed. note: While we can’t go rough up recruiters on your behalf, we’re happy to give you advice on how to make them do your bidding for you. Get in touch, we’ll put our team of trained monkeys on your problem right away. Also, I apologize in advance for the length of this letter. Good evening Adrienne,I’m a senior at the University of Michigan due to graduate in 2012 with a double major in accounting & finance with over 150 credits.
Monday Morning Accounting News Brief: Former IRS Chief Goes to Work For Company Raided By the IRS; India Still Hoping to Be Big 5 | 6.9.25

2 weeks ago | goingconcern.com | Adrienne Gonzalez

At I.M.F., a Strict Ethics Code Doesn’t Apply to Top Officials [NYT]Over the last four years, the fund has tightened internal systems for catching ethical misconduct among its 2,400 staff members, establishing a telephone hot line for complaints like harassment; publishing details of complaints in an annual report; and empowering an ethics adviser to pursue allegations, which last year led to at least one dismissal. But the fund’s board members remain largely above these controls.
Deloitte's Latest Ad Promises Clients Their People Have No Life Whatsoever and Are Always Eager to Serve

3 weeks ago | goingconcern.com | Adrienne Gonzalez

h/t @GayBearRes for spreading this masterpiece around on X, that’s how we saw it anyway. @lifeatdeloitteus posted this reel on Insta the other day, tagging their #TogetherMakesProgress hashtag:Insta text:You don’t get to choose when business challenges present themselves. But you do get to choose the team that will help you overcome them. Our newest #TogetherMakesProgress TV commercial shows us just how true this is in life—and in business.
Monday Morning Accounting News Brief: How CPAs Are Actually Using AI; Ex-Big 4 Guy on How to Navigate Worklationships | 6.2.25

3 weeks ago | goingconcern.com | Adrienne Gonzalez

Business Looks to Republicans to Block Rules, Taxes [Bloomberg]The Republican gains in Congress mean U.S. companies from Goldman Sachs Group Inc. to Wellpoint Inc. may be able to weaken or block what they consider President Barack Obama’s anti-business policies on health care, the environment, taxes and financial reform.
So I Guess We're Just Talking Mad Sh*t About Big 4 Consulting Now

4 weeks ago | goingconcern.com | Adrienne Gonzalez

Have you seen this article in The Telegraph today? The headline gives away the gist of the 1,300 words that followed it but for funsies let’s summarize the main points, namely the three instances of “bullshit.” Note they use quotes around the word — presumably someone they spoke to specifically used that word to describe Big 4 consulting — but don’t attribute it to one source of the several they spoke to.
Enron and WorldCom Whistleblowers Plead Their Case to Save the PCAOB

1 month ago | goingconcern.com | Adrienne Gonzalez

This story was included in yesterday’s news brief however comments are closed on those by default and we felt readers may have something to say about this topic. New York Times has published a guest essay penned by Sherron Watkins and Cynthia Cooper, TIME’s 2002 Persons of the Year and, most notably, the people who have given audit professors teaching material for the next several decades.
Tuesday Morning Accounting News Brief: Forget the Layoffs, RSM Got Foosball!; Whistleblower Op-Ed Begs For the PCAOB's Life | 5.27.25

1 month ago | goingconcern.com | Adrienne Gonzalez

Sup and good morning. We’re doing this today because yesterday was a holiday, something I hope at least some of you were able to realize. Baltimore Business Journal reports that RSM is adding foosball and a moss wall to its office. I’m sure all the people who have been laid off and the staff in India who replaced them will appreciate that.
Monday Morning Accounting News Brief: Chicago Hires EY to Find Money in the Couch Cushions; PwC Does a Deep Dive on Justin Bieber | 5.19.25

1 month ago | goingconcern.com | Adrienne Gonzalez

U.S. Audit Watchdog to Ramp Up Enforcement, New Chairman Says [Bloomberg]James R. Doty, the new head of the board that oversees auditors of U.S.-registered companies, said he expects the panel to ramp up the scale and number of its enforcement actions. Doty, 70, who took over as the chairman of the Public Company Accounting Oversight Board last week, said that the board — which was established eight years ago — has been building its capacity to scrutinize auditors certifying companies’ books.
'CPA' Is an Increasingly Dirty Word at PE-Owned Firms

1 month ago | goingconcern.com | Adrienne Gonzalez

Blake really isn’t letting this one go and I don’t blame him:Some PE-owned firms are telling CPAs to remove their credentials from email signatures. Where does this stop? Taking our certificates off the walls? CPAs worked for years to expand our role, but now we're being marginalized. — Blake Oliver (@BlakeTOliver) May 13, 2025 An earlier tweet of his confirms what we’ve also heard that LinkedIn profiles are being scrubbed of those three letters at the behest of accounting firm employers as well.