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Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in...
As the worldwide consulting market struggles to generate billable hours for at least the third year in a row, the bright minds at Accenture have an idea to overcome low demand for consultants and the output of consultants: not calling them consultants.
Yes, ladies and gents, Accenture has allegedly slapped a new name on its 800,000 employees and it’s as dumb as you’...
Partners at RSM UK must be feeling awfully good right now as Financial Times has reported their yearly partner payouts increased 16% from £708,000 ($945k USD) to £821,000 (about $1.095 million USD) for the year ended March 31, 2025. FT then rubs i...
After at least two decades of accounting firms insisting they are at the forefront of technology adoption battling against more than a century of accounting firms doing the same things they’ve always done the way they’ve always done them, the future is now unfolding in front of us. In this case, it’s OpenAI teaming up with Thrive to automate accounting services.
Acc...
