⬇️ The Monday Lowdown ⬇️

If you’re new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.

I scroll. so you don’t have to.

💎 WTF of the Day

KPMG’s Cutting 4% of Audit Jobs

KPMG is laying off 4% of its U.S. audit staff, not because business is slowing down, but because people aren’t leaving like they used to. 

The Big Four giant says fewer voluntary exits mean they need to cut jobs to keep numbers in check. With an industry already stretched thin, this move has people wondering, Is this the new way to manage headcount in accounting?

Source: MSN

💎 What’s poppin in accounting

New Orleans Schools Face $36M Hit

An accounting mistake could cost New Orleans schools a staggering $36 million in funding. The error, which miscalculated how much state money the schools should get, has left the district scrambling for answers.

For schools already facing tight budgets, this is a major blow and a hard lesson in the cost of oversight.

Source: NOLA

📊 Weekly Trend Chart

Teens Spend 25% of Their Day on Screens

Teens today are spending a quarter of their waking hours on screens, that’s over 6 hours daily on scrolling, snapping, and streaming.

With screen time climbing, questions are surfacing about how it’s shaping this generation's health, focus, and future.

#😂

Happy Monday 😂

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