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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Account accountant accounted Technology 123

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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Account accountant accounted CPA 52

CPA Practice

AUGUST 8, 2023

As soon as sophomore year of college, accounting majors seemingly already have internships lined up for consecutive seasons, and some even have “offers in-kind” for when they graduate. The American Institute of Certified Public Accountants reported that graduates receiving bachelor’s degrees in accounting dropped nearly 10% from 2012 to 2022.

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Account accountant accounted Education 78

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. Yes, accountants have incredible lifetime earning potential.

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Account accountant accounted public accounting 116

Going Concern

JANUARY 12, 2024

The auditor in question was Deloitte, the behemoth Big Four accounting firm with annual revenue of $65 billion through a global network that stretches from Amsterdam to Zhengzhou. million in audit fees in 2022.) According to a report by Thomson Reuters, the accountancy regulator has fined auditors £33.2m Tingo paid $1.6

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audit auditor Illinois CPA 111

Going Concern

JULY 14, 2022

Here’s Caleb Newquist in 2015 writing about how desperate accounting firms are for talent (I’ve lightly edited this blurb for context): The most important issue is the fact that most accounting firms are desperate for talent right now and none of them know how to get it. So none, basically.

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public accounting CPA accounting degree cpas 59

CPA Practice

JANUARY 11, 2024

BWK responds to increased demand, grows staff by 20% in 2023 Minneapolis CPA firm Barton, Walter & Krier, P.C. The boost follows the hire of public accounting veteran Jay Trumbower as CEO in late 2022. The firm’s growth is also consistent with a nationwide trend for deep niche expertise at a personalized level.

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Delaware Georgia CPA bookkeeping 58

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

MARCH 25, 2022

Akazoo fired its CEO and saw its stock price tumble shortly thereafter, and investors have now filed a $40 million lawsuit against the accounting firm that audited the defunct company’s financials. Mary (@AccountingAsArt) March 25, 2022. On March 18, 2022, Louis was arrested by IRS Criminal Investigation Special Agents.

tax return 52

tax return audit auditor accounting and finance 52

Going Concern

MAY 20, 2024

PwC is facing legal action claiming the accountancy firm is liable for the alleged rape of a graduate employee following after-work drinks. The firm argued it was also not vicariously liable for the alleged incident because PwC had taken “all reasonable steps” to prevent such behavior. million in March 2022. There were 8.5

audit 106

audit auditor Account accountant 106

Going Concern

SEPTEMBER 1, 2023

Check out this week’s top remote accounting candidates. Check out this week’s top remote accounting candidates. The “big four” accounting firm reported revenue of A$3.4 Despite receiving the completed and accurate tax returns from the accounting firm, Patrick did not file them with the IRS.

Account 111

Account accountant accounted audit 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. That’s been happening across the industry, according to Adrienne Gonzalez, who edits the accounting blog Going Concern.

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auditor Account accountant accounted 73

Going Concern

JUNE 24, 2022

UPS, Dell, Others Call on SEC to Retool Climate Accounting Plan [ Bloomberg Tax ] Audit firms and companies including United Parcel Service Inc. and BNP Paribas SA urged the SEC to revamp onerous climate accounting requirements as the regulator considers a major expansion of corporate reporting.

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CPA forensic accounting Mississippi cpas 52

Going Concern

JUNE 28, 2024

People Number of professionals at the leading accounting firms in the United States in 2023 [ Statista ] With almost 140,000 professionals employed in 2023, Deloitte represented the largest accounting firm in the United States in terms of staff.

South Dakota 98

South Dakota Technology audit accounting and finance 98