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Friday Footnotes: No Foolin’ Here; 18,000 New Accounting Jobs; Skills Auditors Need NOW to Be Future-Ready | 4.1.22

Going Concern

Professional and business services added a total of 102,000 jobs in March, including 18,200 in accounting and bookkeeping services. Overall employment in professional and business services was 723,000 higher than in February 2020. public companies more than doubled in 2020, according to the 2021 U.S. Remember this?

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

Last year, the median salary for full-time entry-level accounting jobs was roughly $62,500, up from about $50,000 in 2020, according to Handshake data. The median pay advertised for entry-level management consulting and financial analyst roles, by contrast, was $70,000 and $75,000, respectively.

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Best Accounting Practices for General Contractors

Pooley Accounting Services

A 2020 survey found that construction businesses blame delays on:: Change orders (62%), Weather (60%), Poor project coordination (54%), Delayed payments (12%). It doesn’t mean that payments are not made; however, best accounting practices require that material costs be viewed as assets until the items are used.

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Friday Footnotes: EY Can’t Hire Tech; John Doe Sues the PCAOB; Auditors Can’t Find Torpedoes and Missiles | 1.20.03

Going Concern

Practice Management How firms use stay interviews to boost retention [ Journal of Accountancy ] Job interviews have long been an essential part of the hiring process. But now, some public accounting firms are turning the lens on themselves. In 2020, it said the process would be complete by 2026.

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