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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

Your sales tax obligations depend on knowledge and that knowledge often resides in a professional tax specialist (usually an accountant) who helps your company meet its sales tax obligations. This is a complicated time for sales tax obligations – and a terrible time to try to hire an accountant. There were about 1.65 in 2022, up 1.3%

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The 2023 AICPA Trends Report Shows Things Are Looking Up For Accounting Grad Numbers! JK They Suck

Going Concern

The 2023 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report (short: Trends report) was released last week and spoiler alert, it’s dark. Says the AICPA, bachelor’s degree completions in accounting dropped 7.8% 65,035 total accounting degrees completed for 2021-22.

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In 2019, Academic Researchers Tried to Answer the Question ‘Is Accounting a Miserable Job?’

Going Concern

Stumbled across this interesting paper by authors Paul Madsen and Jeffrey Piao today and thought it worth sharing despite its age (2019). Misery in accounting is timeless after all. The abstract: Popular culture portrays accounting as a miserable job. However, we find that accounting is not a miserable job.

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This One Chart Shows Just How Boned the Accounting Profession Is

Going Concern

In it, questions are tossed out about how accounting education will change along with the ambitious CPA exam overhaul, with concerns raised about the graduates who will apply their pre-Evolution education to a post-Evolution exam. Master’s degree in computer science master’s programs increased 76% during the same period.

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The Accounting Talent Shortage is Not New, You Guys

Going Concern

Although the accounting talent shortage seems like something that just popped out of nowhere and couldn’t possibly have been predicted, oh, a decade ago, I feel compelled to remind everyone that we here at Going Concern saw this coming. From Is There Really a Shortage of Entry Level Accountants? OK ready for the prophetic bit?

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The Philippines is Running Low on Accountants and US Firms Should Be Worried

Going Concern

So far it seems dwindling accounting graduate numbers in the Philippines are mostly affecting in-country businesses and firms, still something worth keeping an eye on. Ten to fifteen years ago, as soon as we graduate from Accountancy school, we would be employed by accounting firms or other local corporations. The salary.

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Monday Morning Accounting News Brief: Big 4 Firms Hate Going Concern (Warnings, That Is); Being a Whistleblower Blows | 5.20.24

Going Concern

PwC is facing legal action claiming the accountancy firm is liable for the alleged rape of a graduate employee following after-work drinks. Shout-out to NPR for continuing to stay on top of the accounting shortage. Illinois CPA Society has issued a new pipeline report: Re-Decoding the Decline. Find it, and other ICPAS insights, here.

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