Going Concern

JANUARY 23, 2023

The SEC’s order finds that from at least 2016 through October 2022, Bloomberg failed to disclose to its BVAL customers that the valuations for certain fixed-income securities could be based on a single data input, such as a broker quote, which did not adhere to methodologies it had previously disclosed. [ You’ve got this!

public accounting 116

public accounting Account accountant accounted 116

Going Concern

OCTOBER 1, 2022

Increases in public accounting starting salaries for next year aren ’t expected to even hit 6% , we reported a couple days ago after examining salary data from Robert Half’s 2022 and its newly released 2023 Accounting & Finance Salary Guides. What about cities that have a middle cost of living?

public accounting 98

public accounting audit Account accountant 98

Going Concern

NOVEMBER 10, 2022

Of the 27 industry jobs we analyzed, 23 have pay that, on average, will likely be higher next year than what LHH predicted for 2022. Of the four roles with base pay that is expected to be lower in 2023, two of them are C-level positions: chief accounting officer and CFO. Low experience: $56,744 -> $57,937 (2.1%).

accountant salary 52

accountant salary Account accountant accounted 52

CPA Practice

OCTOBER 17, 2024

The alarm bells in accounting have been ringing for years: fewer people want to join – or stay – in the profession. The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8% Pay a more attractive entry-level accounting salary.

Technology 124

Technology Account accountant accounted 124

Going Concern

AUGUST 29, 2023

When I talk to students about their biggest concerns in pursuing an accounting degree and a career in public accounting, they typically point to four misconceptions: lack of work-life balance, the difficulty of the CPA exam, lower pay compared to other financial career paths, and lack of excitement in the work.

Account 115

Account accountant accounted public accounting 115

Going Concern

OCTOBER 10, 2024

Related 2022 post that aged like milk: At Least We Aren’t in Tech, Boast Smug Accountants Who Didn’t Get Laid Off Today Also the job market sucks right now for a lot of people unless you’re someone with an accounting background living in Manila but you know what, let’s move on. It could definitely be worse.

accounting careers 72

accounting careers managerial accounting Account accountant 72

Going Concern

DECEMBER 27, 2024

Comments are open if you’d like to share your opinion on anything here, or any other relevant happenings in and around the accounting profession. My thoughts on all of this: I am staunchly opposed to PEs entry into public accounting. Public accounting demands strict professional standards, no matter the type of engagement.

Technology 59

Technology bookkeeping public accounting accountant salary 59

Going Concern

MARCH 31, 2023

Accountants’ Salaries Are Rising, but It May Not Add Up to More Accountants [ Wall Street Journal ] The salaries offered to U.S. These average salaries climbed by 12% to nearly $87,000 in 2022 and by 9% to nearly $90,000 this year through February, compared with prior periods, Revelio Labs data showed.

auditor 105

auditor audit Virginia Technology 105

Going Concern

JUNE 15, 2023

From the JofA piece: One of the early warning signs that major changes in accounting education were needed came when major CPA firms reengineered themselves as “professional services” rather than “public accounting” firms. OH MY GOD this could have been written in 2022.

Account 59

Account accountant accounted Education 59

Going Concern

JUNE 20, 2023

In the process of writing this article, we asked ChatGPT to help out on the math of yearly accounting salary versus hours worked because it’s better at math than anyone on the Going Concern payroll (which is not saying much). In public accounting, early progression is rarely based on merit, but rather on the passage of time.

Account 98

Account accountant accounted public accounting 98