Stephen Foley

@stephenfoley

US Accounting Editor at the @FT

New York, NY

Joined August 2009

2KFollowing

9KFollowers

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Stephen Foley@stephenfoley · Dec 9

I am also on Bluesky, should you wish to follow me there: bsky.app/profile/stephe…

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Pinned

Stephen Foley@stephenfoley · Jun 18

BCG pitched to UNRWA before helping rival Gaza aid plan. Scoop w/ @malaika_tapper ft.com/content/d5fead…

stephenfoley's tweet card. Consulting group offered pro bono work to UNRWA shortly after Israel’s military campaign began in late 2023

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Stephen Foley@stephenfoley · Jul 23

👀 Macrons file US lawsuit over claims France’s first lady was born male. Story by @kayewiggins, @labboudles & @LaurenFedor ft.com/content/d9bf7d…

stephenfoley's tweet card. Case against rightwing influencer Candace Owens is rare defamation suit from a serving world leader

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Stephen Foley@stephenfoley · Jul 23

McKinsey bars China practice from generative AI work amid geopolitical tensions. Scoop by @EleanorOlcott, @TomHale_ & @elleshevakissin ft.com/content/9907da…

stephenfoley's tweet card. Consulting firm’s move follows scrutiny from Washington over US companies’ involvement in sensitive Chinese sectors

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Stephen Foley@stephenfoley · Jul 15

BREAKING: Public Company Accounting Oversight Board (PCAOB) chair Erica Williams is OUT. Paul Atkins, chair of the Securities and Exchange Commission, asked her to resign and her last day will be July 22. ft.com/content/816791…

stephenfoley's tweet card. Erica Williams told staff at Public Company Accounting Oversight Board that Paul Atkins asked her to resign

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Stephen Foley@stephenfoley · Jun 25

Inspired by FT commenter Cassandrama ft.com/content/aa27c9…

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Stephen Foley Retweeted

Financial Times@FT · Jun 23

Have questions on the market, inflation or the 'Taco trade'? Unhedged's Robert Armstrong wants to hear from you. Join him on Reddit today at 1pm EDT/6pm GMT for an 'Ask Me Anything' or send in your questions in advance: on.ft.com/44snQMc

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Stephen Foley@stephenfoley · Jun 17

ABundance Agenda? Era of Bund scarcity is over, says German debt chief ft.com/content/97659d…

stephenfoley's tweet card. Finance agency board member points to major change in Eurozone’s core sovereign bond market

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Stephen Foley@stephenfoley · Jun 15

Accountants and lawyers team up to fight Trump tax provision ft.com/content/939555…

stephenfoley's tweet card. Professional services groups say they are unfairly targeted in Republicans’ ‘big, beautiful bill’

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Stephen Foley@stephenfoley · May 22

Former McKinsey partner jailed for deleting emails on US opioid work ft.com/content/5e769f…

stephenfoley's tweet card. Martin Elling to serve six months in prison after admitting to destroying documents related to efforts to boost sales

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Stephen Foley@stephenfoley · May 20

👀Deloitte UK scoop incoming from @elleshevakissin: The firm has told its UK consulting employees that it will promote fewer of them, limit their annual pay rise and cut bonuses after the business "fell materially short of its performance goals". ft.com/content/d3231c…

stephenfoley's tweet card. Profits for Big Four firm come in ‘below our original plan’, says internal memo

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Stephen Foley@stephenfoley · May 16

Really helpful explainer here by @rapoportmike on the delicate interplay between the Loper Bright ruling and the new tax bill news.bloombergtax.com/payroll/gops-t…

stephenfoley's tweet card. Congressional tax writers are taking steps to head off any future legal challenges to their new tax bill, but it’s a delicate balancing act.

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Stephen Foley@stephenfoley · May 15

EY delays start dates for some of this year's graduate intake in the US. It's the third year in a row the firm has done this, making it an outlier among the Big Four. Story w/ @elleshevakissin ft.com/content/815e65…

stephenfoley's tweet card. Decision comes as Big Four group grapples with ‘uncertain’ market conditions

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John Reed@JohnReedwrites · May 15

Downfall in Davos: Klaus Schwab fights for legacy after WEF whistleblower claims ft.com/content/011d57… via @ft @mjruehl @stephenfoley

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Stephen Foley@stephenfoley · May 13

Are IOUs from the taxman worth the paper they are not written on? ft.com/content/9820bc…

stephenfoley's tweet card. Shareholders need to examine how groups account for controversial tax positions

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Stephen Foley@stephenfoley · May 10

Uber wins multimillion-pound reprieve on disputed UK tax payments. Story with @rafeuddin_ & @EmmaAgyemang on HMRC’s big setback in its £1.4bn VAT battle with the ride-sharing app. $UBER ft.com/content/d12f9b…

stephenfoley's tweet card. HMRC has stopped demanding ridesharing company pay VAT on the full cost of rides after legal setback in related matter

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Stephen Foley@stephenfoley · May 2

KPMG resigns as auditor to scandal-hit P&O Ferries ft.com/content/c8b55b…

stephenfoley's tweet card. Big Four accountant says factors behind delayed 2022 accounts remain

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