Going Concern

MARCH 17, 2023

When evaluating the decision to pursue legislation, the MNCPA board focused on attracting students to the accounting degree and, ultimately, CPA certification. Both college accounting programs and the profession will benefit with more students enrolling in accounting programs.

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Going Concern

OCTOBER 11, 2022

They have learned nothing about the needs of small business with minimal (if any) coverage of financial statement preparation without an audit, working for clients without an internal accounting department, or the realities of being a small business advisor. September 29, 2022. June 28, 2022. February 15, 2022.

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Going Concern

JUNE 3, 2022

The Financial Accounting Standards Board adopted CECL in 2016, prompted by criticism that banks had booked losses too slowly in the run-up to the 2008 financial crisis. Life at Deloitte US (@lifeatdeloitte) June 1, 2022. EY US (@EY_US) June 1, 2022. KPMG US (@KPMG_US) June 1, 2022. PwC US (@PwCUS) June 2, 2022.

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Going Concern

JANUARY 7, 2023

2022 was not exactly a banner year for accounting but if you don’t count the collapse of FTX, it wasn’t terrible for public perception either. 2022 will be the lowest in that time frame too. Oh wait, there was that whole EY cheating thing. And a big IRS raid tied to tax incentives. That’s it though right?

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Going Concern

APRIL 20, 2022

By 2014 however, the benevolent overlords at the AICPA noticed a troubling statistic: despite record enrollments, this abundance of accounting students did not appear to be pursuing the CPA exam as expected. In other words, more people than ever were graduating with accounting degrees but CPA exam candidate numbers stayed the same.

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Going Concern

MAY 9, 2023

Because “off the top of my head” isn’t sufficient fact-checking even for Going Concern, I looked it up and came across this December 2022 post about historical CPALE pass rates written by Joel L. Additionally, US accounting degree completions peaked in 2015-16 and have trended down since.

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CPA Practice

JUNE 5, 2023

The Society will award the $5,000 scholarship each year to a deserving undergraduate or graduate student pursuing an accounting degree in Massachusetts. On May 1, 2023, the Society announced that Pitter was retiring and Deputy CEO Zach Donah, CAE, would succeed her as President and CEO effective January 1, 2024.

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Going Concern

MAY 20, 2024

It pointed out that the alleged perpetrator completed two training modules in 2022 on workplace behaviour that covered preventing sexual harassment. million in March 2022. The firm argued it was also not vicariously liable for the alleged incident because PwC had taken “all reasonable steps” to prevent such behavior. There were 8.5

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Going Concern

SEPTEMBER 19, 2022

Let’s talk about starting salaries in public accounting. Let’s assume a student has an undergraduate accounting degree, a MAcc degree, and has passed all 4 sections of CPA exam. Accounting. — Dr. Josh McGowan, CPA (@Jmcgowan3838) September 19, 2022. What do we think is a fair starting salary?

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CPA Practice

AUGUST 8, 2023

Couple the fierce competition and the obvious deterrents with an increasing shortage of accounting majors, and you’ve created a talent crisis and potentially jeopardized the industry’s future. Some graduates have also been found to enter consulting or finance roles, seeking a quicker payday, leaving accounting firms in a difficult position.

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Going Concern

AUGUST 29, 2023

Accounting is a field with high demand, and successful accounting students are virtually guaranteed employment upon (or even prior to) graduation. I’m involved in recruiting for one of the largest accounting firms in Connecticut. Everyone who leaves school with an accounting degree seems to get a job.

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KROST

SEPTEMBER 3, 2021

KROST will sponsor Amber Tabata’s internship in 2022 during busy season and AICPA will award her up to $10,000 in scholarship funds. This scholarship and internship program benefits ethnically diverse students pursuing an accounting degree.

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Going Concern

JANUARY 12, 2024

million in audit fees in 2022.) The Financial Reporting Council (FRC) levied record-level fines against auditors over 2022/23 after it promised to become more “forceful” after it was heavily criticised for the slow pace of its investigations. According to a report by Thomson Reuters, the accountancy regulator has fined auditors £33.2m

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CPA Practice

NOVEMBER 3, 2023

College graduates with accounting degrees , CPA exam takers , new entrants to the accounting workforce —all these metrics and our experience make us feel there’s a lack of interest in our industry. You can sense the collective anxiety brewing: Is our industry running low on accounting talent? By Andrew Argue, CPA.

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KROST

APRIL 2, 2021

This scholarship and internship program will benefit ethnically diverse full-time students pursuing an accounting degree. KROST will sponsor a winner’s internship in 2022 during busy season. The program honors George Willie, former chair of the PCPS Executive Committee and AICPA Minority Initiatives Committee.

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Going Concern

OCTOBER 24, 2022

In lieu of pictures, please accept this embedded YouTube video: Reddit discusses accounting degrees. “This whole idea of an employee kind of moving from one country to the other and updating the employer as they go—in my opinion, it’s not actually realistic.” Lots and lots of pictures.

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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. The move affects the graduate intake that joined PwC’s consulting business in autumn 2022. Do you have room?’

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CPA Practice

JANUARY 11, 2024

The boost follows the hire of public accounting veteran Jay Trumbower as CEO in late 2022. Chris earned an accounting degree from the University of Georgia and a master’s degree in accountancy from Georgia State University. BWK) recently expanded its staff by 20%.

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Going Concern

JUNE 24, 2022

Use of forensic accounting growing [ Mississippi Business Journal ] Long time Jackson forensic accountant Glover (Russ) Russell, who has a law degree and a master’s in tax law in addition to an accounting degree, observes that the use of forensic accounting has increased in the past 10 years.

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Going Concern

JULY 14, 2022

Accounting enrollments are down, those that do graduate with an accounting degree are less and less interested in pursuing the CPA credential, and people are dipping out of the Big 4 well before the usual two years. OK so what does all this mean for you the accounting professional? So none, basically.

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Going Concern

SEPTEMBER 1, 2023

Check out this week’s top remote accounting candidates.

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Going Concern

MARCH 25, 2022

Mary (@AccountingAsArt) March 25, 2022. SEC accepts FASB’s 2022 reporting taxonomies [ CFO Dive ] The Securities and Exchange Commission has accepted updates to the Financial Accounting Standards Board’s GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy, FASB has announced.

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Going Concern

JUNE 15, 2023

Consider the following as examples: The number and quality of students majoring in accounting is decreasing rapidly. 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.

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Going Concern

JUNE 28, 2024

Established in 2022, BDO’s AQAC provides input on the firm’s system of quality management, directly advising BDO’s CEO and board of directors on audit quality matters. AI, accounting degrees coming to state universities [ SDPD Radio ] Two new programs in the state university system aim to help tackle high-demand career needs in South Dakota.

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