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We’ve discovered 46 headlines written by Going Concern during the past 3 months.

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Top Going Concern News

Platinum Equity-Backed McGraw Hill Files for US IPO

IPO · United States

Platinum Equity-Backed McGraw Hill Files for US IPO

71% Center coverage: 7 sources

The move comes nearly four years after the company's $4.5 billion acquisition by Platinum, and coincides with the gradual reopening of the IPO market. ...See the Story

Big Four Firms Fined in New Exam Cheating Scandal

Netherlands · Netherlands

Big Four Firms Fined in New Exam Cheating Scandal

67% Center coverage: 3 sources

Dutch arms of Deloitte, PwC and EY pay total of $8.5mn after ‘hundreds’ of staff shared answers on internal tests See the Story

EY Gets Caught Up in Independence Violations Because Audit Partner Rotation Is For Chumps

London, England · London

EY Gets Caught Up in Independence Violations Because Audit Partner Rotation Is For Chumps

We think this was first spotted by Financial Times so h/t to them. Gigantic UK-based energy company Shell announced yesterday it will be updating its 2023 and 2024 Form 20-Fs “due to EY non-compliance with audit partner rotation rules” after EY UK told them they’d discovered a small audit partner rotation issue for those years. Said the news release put out by Shell: On July 1, 2025, EY, Shell plc’s independent registered public accounting firm…Read Article

Microsoft 365 Users Are Inexplicably Abusing Reply All in 2025, Sitting Through Too Many Meetings

The last time we covered the Microsoft Work Trend Index report was two years ago when they crunched Microsoft 365 data and discovered that Teams is the biggest productivity killer at work. In case you missed that article and don’t want to click through to read it, here are the highlights: Sixty-eight percent of people say they don’t have enough uninterrupted focus time during the workday. And 62% of survey respondents say they struggle with too…Microsoft · United States Read Article

Layoff Watch '25: The King's PwC Shows Some Auditors the Door

Reported by Financial Times, PwC UK is cutting about 175 audit associates from the roster “as the Big 4 firm grapples with tougher market conditions.” We thought it was consulting that was having this problem? It’s not like companies can choose to skip audits like they can consulting work. Feels like BS but what do we know. FT adds: PwC told some 270 audit associates last week that they were part of a compulsory redundancy round, according to p…London, England · London Read Article

OMB seeks ‘strategic reset’ of financial statement audits

100% Center coverage: 1 sources

The Office of Management and Budget is asking a simple question of agencies: How effective are your financial audits? In a new memo from OMB Director Russ Vought, the Trump administration is kicking off an initiative to answer that question, and ultimately strengthen financial oversight and accountability. “Audits were once a tool for accountability and improvement. Now they have become, in many places, rote exercises that do not ensure sound fi…United States · United States See the Story

Top Remote Tax and Accounting Candidates of the Week | June 26, 2025

Open the article to view the coverage from Going Concern Read Article

Auditors can prevent fraud just by tipping their hand

100% Center coverage: 1 sources

If you've ever played poker, chances are you used strategic reasoning, a method of thinking that involves making informed decisions by understanding and anticipating the actions of others.Science See the Story

Charley Hull Reacts to the $12M Increase in the Purse of the KPMG Women’s PGA Championship

Coverage: 2 sources

The KPMG Women’s PGA Champion 2025 will have a prize purse of $12 million, the highest it has ever had.PGA Championship · United States See the Story

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

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…New York City · New York Read Article

Friday Footnotes: EY Toilet Cleaners Protest Pay; People Feel Some Type of Way About CPA Limitations

Open the article to view the coverage from Going ConcernUnited States · United States Read Article

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