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

Summary by Going Concern
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. This is similar to how PE w…
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Going Concern broke the news in on Monday, June 16, 2025.
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