TaxConnex

FEBRUARY 27, 2024

More generally, accounting talent pool concerns are pressing even for accounting firms , as enrollment rates of accounting students continue to fall. The accounting education pipeline is drier than ever even as accounting degrees require many additional course hours. Are they experienced with auditors?

Sales 264

Sales Tax accounted Account 264

Going Concern

MAY 20, 2024

Thanks to the widespread distribution efforts, 7,780 accounting students, graduates, and young professionals under the age of 35 who were pursuing or had pursued accounting degrees and careers—including CPAs and non-CPAs—completed the survey, including 3,287 full- or part-time students. Find it, and other ICPAS insights, here.

audit 105

audit auditor accounted Account 105

Going Concern

DECEMBER 1, 2022

The authors compared accounting degrees to computer science degrees completed in the state of New York between 2010 and 2020 which is how we ended up with this chode. The clear conclusion is that there has been a declining trend in the number of accounting degrees awarded in New York over recent years.

accounting degree 64

accounting degree New York accounted Account 64

Going Concern

OCTOBER 11, 2022

They have learned nothing about the needs of small business with minimal (if any) coverage of financial statement preparation without an audit, working for clients without an internal accounting department, or the realities of being a small business advisor. June 17, 2019. By the way, I read about this at www.goingconcern.com.

Education 104

Education accounted Account accountant 104

Going Concern

NOVEMBER 10, 2022

Well that’s pretty much what’s happening in accounting right now. In early October, local KCCI in Des Moines ran a story about a shortage at the Iowa State Auditor’s Office. The problem isn’t unique to the Iowa Auditor’s Office. And it’s only just begun. Yes, we know.

Iowa 52

Iowa auditor accounted Account 52

Going Concern

APRIL 20, 2022

This latest iteration of the report covers university data reported to the Integrated Postsecondary Education Data System (IPEDS) for the 2019–20 academic year in addition to abbreviated university responses regarding enrollment expectations for both the 2019-20 and 2020-21 academic years. So how are we doing on filling that pipeline?

accounted 52

accounted Account accountant CPA 52

Going Concern

FEBRUARY 24, 2023

Facts to consider: A survey of MNCPA members shows an increase in the number of new hires who hold accounting degrees with 120 credit hours. When entities can’t find qualified auditors, will audit thresholds be raised, which increases the risk to communities?

Minnesota 98

Minnesota Illinois cpas CPA 98