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MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.”

Going Concern

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs. We welcome your feedback and questions.

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State CPA Society News & Updates

CPA Practice

State CPA Society Ne ws is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. Massachusetts: The Massachusetts Society of CPAs (MASSCPAs) wants members to prioritize their health this tax season. Shapiro’s first budget proposal.

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The Philippines is Running Low on Accountants and US Firms Should Be Worried

Going Concern

The group added that the country has produced just around 199,000 CPAs in the past 100 years. “That’s a big problem now of the profession because several of the CPAs here in the Philippines are migrating abroad, or they are working online for foreign companies,” said PICPA national president Erwin Alcala. The salary.

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Number of CPA Exam Takers Continues to Dwindle

CPA Practice

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. Going Concern sounded the alarm back in 2019 about candidate numbers shrinking.

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Number of Accounting Grads Continues to Shrink

CPA Practice

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. The number of students earning U.S.

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State CPA Society News & Updates – June 2023

CPA Practice

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. The Massachusetts Society of CPAs ( MassCPAs ) recently launched a scholarship to honor the legacy of current Society President and CEO Amy A.

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This One Chart Shows Just How Boned the Accounting Profession Is

Going Concern

The authors compared accounting degrees to computer science degrees completed in the state of New York between 2010 and 2020 which is how we ended up with this chode. According to NASBA, as of August 2022, there are 665,612 licensed CPAs covering 54 jurisdictions (NASBA 2022). What are we looking at?