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What Does the Next Generation of Accounting Look Like?

CPA Practice

Accounting careers are shifting away from a linear path The industry is moving towards more merit-based promotions, more career pathways, and greater opportunities. The public accounting talent shortage has been a problem for more than a decade and is being acutely felt top to bottom now.

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Guy Who Works at a Firm Actually Named FML on Why Accounting Is a Great Career

Going Concern

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
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Bold Move Listing ‘Lucrative Compensation’ As One of Five Reasons to Pursue Accounting, Montclair State

Going Concern

In a post published on October 7th by Montclair State University titled “ Top 5 Reasons to Transition to an Accounting Career ” that can be best described as a thinly veiled advertisement for their Master’s program, the university explains “why making the leap into accounting might be the best move you ever make.”

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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

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KROST Sponsors AICPA’s PCPS George Willie Ethnically Diverse Student Scholarship & Internship Program

KROST

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. Pasadena, CA. Applications are due April 16, 2021.

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Where Have All The Accountants Gone?

CPA Practice

This exploration aims not just to highlight this trend but to delve deeper into its roots and propose a rejuvenated approach for the accounting profession. Many accounting firm owners, in an attempt to maximize profits, have historically kept staff wages relatively low. It isn’t really about what happened but why after all.

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Friday Footnotes: How Are Firms Actually Using Data Analytics?; KPMG and BDO on the Move | 9.15.23

Going Concern

At the meeting, the Board will consider issuing for public comment a proposal to amend PCAOB Rule 3502, Responsibility Not to Knowingly or Recklessly Contribute to Violations. A number of accounting firms,1 public companies, professional membership associations and other key stakeholders raised concerns.

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