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

TaxConnex

For respondents, the staffing struggle also meant curtailing business growth (19.23%), more errors in sales tax calculation (17.58%), more frustration from existing staff (21.43%) and, perhaps scariest, a growing lack of confidence in being prepared for an audit (22.53%). million accountants and auditors in the U.S. There were about 1.65

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

Going Concern

Master’s degree completions also fell in 2021–2022 (-6.4%) but the percentage decline is significantly less than in 2019–20. 65,035 total accounting degrees completed for 2021-22. Since accounting graduate numbers peaked in 15-16, here’s the difference by year compared to prior year.

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Friday Footnotes: The PCAOB-to-Practice Pipeline and Audit Quality; Ball Extension; Tim Ryan’s Replacement | 1.12.24

Going Concern

million in audit fees in 2022.) How did Deloitte, the auditing heavyweight watching over Tingo’s books, miss a scam that Hindenburg, an outsider, called out as painfully obvious? Audit Do former regulators improve the quality of audits? Audit Do former regulators improve the quality of audits? Tingo paid $1.6

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The Accounting Talent Shortage is Not New, You Guys

Going Concern

A record 68,639 students graduated with accounting degrees in 2010. Nearly 4 in 10 accounting graduates hired last year by CPA firms had master’s degrees, compared with 26 percent in 2008. By contrast, 43 percent of graduates hired had bachelor’s degrees, down from 56 percent in 2008.

Account 126
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Karol Y Haugan Named Woman to Watch Nominee, Emerging Leader Category

Withum

Outside of her activities with the Firm, Karol has been promoting the accounting profession and supporting Hispanic students’ education in Central Florida and in her home country. She is heavily involved with recruiting at UCF and in 2020, started providing scholarships to the Dixon School of Accounting students.

Florida 105
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Number of Accounting Grads Continues to Shrink

CPA Practice

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. Master’s degrees earned at private institutions fell 10.9%

Account 112
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Let’s Start the Year Off With Some Doomsaying Predictions For the Profession in 2023

Going Concern

Audit failures will become more frequent & high profile ( #FTX now, what next year?). Regulators will increase pressure to improve audit quality, as they should. Ignoring 2020, each year since 2016 has gotten worse and been the lowest new candidate year since. CPA Evolution will depress the pipeline further.

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