Top News
- IRS detecting more tax-related identity theft May 18, 2026The Internal Revenue Service has improved its ability to flag returns for signs of identity theft, adjusting its filters to reduce false positives and spot fraud.Michael Cohn
- Evergrande liquidators seek $8.4B from PwC in Hong Kong court May 18, 2026The case centers on PwC's auditing work for Evergrande, an emblem of China's property crisis since it defaulted in 2021.Bloomberg News
- Musk's xAI fails to pay staff $420 for giving their tax returns to Grok May 18, 2026Employees were asked to offer up their own tax returns as training data for the company's Grok chatbot, promising a $420 payment as incentive for doing so. Two months later, those payments still haven't materialized.Bloomberg News
- The operational capacity crisis firms are still underestimating May 18, 2026The discourse surrounding the future of accounting has largely centered on automation, AI and digital transformation. Yet many firms face a more immediate issue.Vinícius Alves de Melo
- DOJ creates $1.8B fund under Trump IRS settlement accord May 18, 2026The amount of the fund is set at $1.776 billion, an apparent reference to the year 1776 and the creation of the U.S.Chris Strohm
- Lewis Group CPAs adds specialty-trades firm May 18, 2026Lewis Group CPAs acquired specialty-trades accounting firm Atlas Accounting Group in April, expanding its presence in the Pacific NorthwestPaige Hagy
- AI in the audit room: What it actually looks like May 18, 2026Technology is not replacing accountants. But it is changing what accounting work involves, and the change is further along than most realize.Liza Primzharova
- The profession that could fix AI governance hasn't been asked May 18, 2026Will the profession wait for the AI equivalent of 1929 before applying what it already knows? The answer begins with examining what the current AI assurance landscape provides and what it does not.Jim Germer
- ASL adds California firm May 15, 2026Regional Leader Abbott, Stringham & Lynch acquired San Jose, California-based ArightCo.Paige Hagy
- AICPA suggests IRS guidance priorities May 15, 2026The American Institute of CPAs sent a list of nearly 200 recommendations to the Internal Revenue Service for the IRS's 2026-2027 Priority Guidance Plan.Michael Cohn
More Top News
- What are CRE managers making these days in CAN? May 18, 2026What is everyone earning these days as an accounting manager in CRE? I feel like I'm paid quite well at $120 K (5 years of experience at the same firm) but honestly the work is incredibly boring and I feel stuck trying to improve things given how old my staff is (average age is 48, […]/u/BlessTheBottle
- Do you guys cheat your time? May 18, 2026submitted by /u/EntranceFun9276 [link] [comments]/u/EntranceFun9276
- Evergrande liquidators sue PwC for $8bn over ‘audit negligence' May 18, 2026What are your thoughts on the creditors going after PwC International while PwC is arguing they are separate entities? submitted by /u/Bwise_ [link] [comments]/u/Bwise_
- How is this wrong? May 18, 2026If the times interest earned ratio formula is Income before interest & taxes over Interest expense (shown above) and I have to round to 2 decimal points (this one is the most self explanatory decimal rounding I’ve ever seen), then how is it wrong?? submitted by /u/troplv57 [link] [comments]/u/troplv57
- Feedback on my resume May 18, 2026submitted by /u/Happy-Turnover731 [link] [comments]/u/Happy-Turnover731
- I got 3 job offers! May 18, 2026After reading through the advice in this sub (re: interviewing / resume) and submitting dozens of applications, I got invited to 3 interviews last week! Over the past few days I’ve received an offer from each of them. Job 1: Accounts Receivable Hourly pay: $18-25 (position offered, pay not discussed on the phone call) Hours: […]/u/ViridianLinwood
- Update - Accounting to HS Business Teacher: Returning Next Year May 18, 2026its the last week of school and i feel like a kid again. Signed my renewal contract, and ready to dip. I srsly cannot believe i get paid money to do this job. Not trying to sell Koolaid, yea some kids are idiots, and yea they can be a pain in the ass, but stress […]/u/PricewaterhouseCap
- Is it normal to not fully understand every topic in accounting classes? May 18, 2026I'm currently taking Managerial Accounting right now, and I’m starting to feel overwhelmed by how much material there is. Every unit feels like it adds 20 new things: rules, formats, formulas, and different ways to solve problems. I’m able to keep up while I’m learning the topic, but when the class moves on to the […]/u/Johnweely
- I screwed up during an interview ... May 18, 2026Junior online accounting student here. Managed to secure an interview with CRI for a 2027 audit internship. I was genuinely excited and studied hard the day before. Recruiter sends the meeting link to my email but it wasn't embedded, so when I joined for the interview I didn't have the right meeting link. Outlook created […]/u/Substantial-Step-448
- The worst feeling as an accountant is fixing the issue… and the numbers still don’t match. May 18, 2026submitted by /u/Ripon_Web_developer [link] [comments]/u/Ripon_Web_developer
- What do you do with yourself when you're on Teams meetings when you have absolutely nothing to contribute? May 18, 2026I'm watching a coworker school a team member on how to perform a task. I'm in the meeting for "visibility". I am trimming my fingernails. I'll have time to file them too because these suckers are sharp. submitted by /u/Yosho2k [link] [comments]/u/Yosho2k
- Accounting seems calm from the outside, but the responsibility behind it is huge May 18, 2026A lot of people joke that accounting is just “spreadsheets and numbers,” but the more I think about it, the more stressful it actually sounds. You’re dealing with finances where small mistakes can create very real problems, and there’s constant pressure to stay accurate, organized, and up to date. submitted by /u/Classic-Reserve-3595 [link] [comments]/u/Classic-Reserve-3595
- I hate the open office space layout May 18, 2026I always feel like someone is watching me or overhearing my every word. Even phone calls. I feel like people abuse this layout and use it, not for collaboration, but to eavesdrop and gain info to gossip about people. I personally like my peace, quiet and privacy when I work which is why I like […]/u/SWEMW
- Life After Accounting May 18, 2026I got my degrees in accounting and for most of the past 26 years I've loved it. But after my mom died something in me changed and I know longer enjoy it. I want to be around people more. How do I transfer my skills to another job that is more forward facing? submitted by […]/u/Sammiforeveryoung
- Anyone live paycheck to paycheck? May 18, 2026I am 26 male and started pretty late. I spent total of 6 years in undergrad and grad which meant I started my career at 24 lol. I have some debt from school but also helping my mother which means my 50k salary, 0 remains. I live in HCOL area so I think minimum is […]/u/Head_Equipment_1952
- Firm owners would you help an old employee start their own firm? May 18, 2026I used to work in small accounting firms mainly doing tax but also some audit and financial reviews. I had some health issues that made busy season hours near impossible and left 3 years ago for other jobs. I’m on decent terms with my old boss but not super close. We text a few times […]/u/Underpressure81
- Everyone on my current engagement was laid off. May 18, 2026The layoff season is real. At least 25% of the everyone I've worked with in the past were also laid off. As a first-year associate this is depressing, and it seems as if the writing for me is on the wall. Grant Thornton. submitted by /u/Which-Technician8261 [link] [comments]/u/Which-Technician8261
- How it feels to be an unemployed accountant May 18, 2026submitted by /u/olrasa [link] [comments]/u/olrasa
- What class in college really made Accounting “click” for you? May 18, 2026submitted by /u/Character-Escape1621 [link] [comments]/u/Character-Escape1621
- Golden handcuffs May 18, 2026Can people who are well advanced in their careers share some stories about leaving a higher paying role for something more aligned with your values? I am facing a decision where I may set myself in a new direction and need some inspiring stories. submitted by /u/Fun-Ad4760 [link] [comments]/u/Fun-Ad4760

