CPA Practice

MAY 30, 2023

The number of CPA candidates who took the Uniform CPA Examination in 2022 was about 7% lower than the previous year, the Financial Times reported on May 28. FT reported that was the lowest amount of CPA exam takers in at least 17 years.

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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.

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audit auditor accountant Account 105

KROST

APRIL 2, 2021

KROST CPAs and Consultants, the Los Angeles-based firm, has announced their co-sponsorship of the American Institute of Certified Public Accountants’ ( AICPA) Private Companies Practice Section (PCPS) George Willie Ethnically Diverse Student Scholarship & Internship Program. Applications are due April 16, 2021.

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Going Concern

AUGUST 29, 2023

So a guy named Brian Kelleher who works for the hilariously named FML CPAs has written an opinion piece for the Hartford Courant entitled “Opinion: Accounting is a fantastic career — despite common misconceptions.” I’m involved in recruiting for one of the largest accounting firms in Connecticut.

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CPA Practice

JUNE 5, 2023

in October of 2021. LL.M, BDO USA, LLP Molly Griffiths, RSM US LLP Rose Jardim, CPA, Jardim & Marotta LLC Adnani Johari, CPA, CGMA, MBA, Brighthouse Financial, Inc. The Society will award the $5,000 scholarship each year to a deserving undergraduate or graduate student pursuing an accounting degree in Massachusetts.

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Indiana Massachusetts Real Estate CPA 93

Going Concern

APRIL 20, 2022

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

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accountant Account accounted CPA 52

RitaKeller

JUNE 16, 2021

It seems that accounting students don’t see the value in devoting the time and energy to become a CPA. Share your partners’ salaries with your future CPAs and with college students you talk to or interview. Illinois CPA Society Releases New CPA Pipeline Report. How will your firm prepare for the future?

Illinois 45

Illinois cpas CPA accounting degree 45

CPA Practice

JANUARY 18, 2023

In an effort to support a racially and ethnically diverse student population and help strengthen the pipeline of diverse CPA talent, the Fordham University Gabelli School of Business has announced its collaboration with the Deloitte Foundation in the Deloitte Foundation Accounting Scholars Program (DFASP).

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Going Concern

JANUARY 12, 2024

According to a report by Thomson Reuters, the accountancy regulator has fined auditors £33.2m in 2021/22. Also today, Victor Smith and William Tomasello, both Atlanta-area CPAs, pleaded guilty to conspiracy to defraud the United States. Financial Reporting Council fines against auditors nearly doubled in two years [ City A.M. ]

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audit auditor Illinois CPA 111

Going Concern

FEBRUARY 12, 2024

Someone you know spoke to NPR’s Marketplace for this story: Some accountants are turning away new customers this tax season Tax filing season is here and if you’ve been putting off finding a CPA, good luck. We get calls all the time saying, ‘Hey, my CPA just retired. Do you have room?’ Some are finding solutions overseas.

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auditor accountant Account accounted 72

Going Concern

OCTOBER 11, 2022

These businesses have their financial advisory needs served by hundreds of thousands of small firm accountants and CPAs nationwide. Small business has unique needs for accounting services: primarily tax and advising, and secondarily day-to-day accounting needs to act as de-facto controllers and decision makers.

Education 104

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Going Concern

JULY 14, 2022

New accounting graduate numbers continue to trend down which is of greater concern than early-career accountants jumping ship from Big 4 firms at the two year mark. Now the problem of waning interest in accounting as a major may or may not end up being a huge issue considering 42.7% capital markets,” Melancon said.

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Going Concern

JANUARY 6, 2023

I’m an immigrant and I moved to the UK in 2021. ” California Program Offers Black Students Path to Accounting [ Bloomberg Tax ]. Challenges And Opportunities For Accounting Departments In 2023 [ Forbes ]. CPAs rev up for a new tax season [ Journal of Accountancy ]. GAAP, and labor market uncertainty.

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Going Concern

JUNE 15, 2023

Students are telling us by their choice of major that they do not perceive an accounting degree to hold the same value it once did nor is it considered as valuable as certain other business degrees. OH MY GOD this could have been written in 2022. Which is to say, we done been knew. Nothing changes if nothing changes.

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accountant Account accounted Education 59

Going Concern

MARCH 25, 2022

“I would have thought that accountants would be seen as boring, but effective and the perfect person to do a good job on your tax return,” Wijnand Van Tilburg, a study co-author and senior lecturer in the university’s psychology department, said in a statement last week.

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CPA Practice

MARCH 22, 2023

There has been much debate in certain corners of the accounting profession lately about whether the 150-hour rule for CPA licensure has contributed to the pipeline of accountants drying up in recent years —that and the subpar starting pay in public accounting and the long hours required to work, especially during busy season.

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