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State CPA Societies in Action: Ohio Society of CPAs

CPA Practice

In addition, the Ohio Society also has a nonprofit arm, The Ohio CPA Foundation that actively collaborates with schools, teachers, parents, and the business community to recruit and develop the next generation of accounting professionals.

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Monday Morning Accounting News Brief: No One Plans to Hate Accounting; PwC Was Cheating!? | 10.14.24

Going Concern

I held onto my accounting career until I was white in the knuckles because I had invested too much energy, time, and money into the profession. NL Times reports : Exam fraud has been committed at PwC in the Netherlands, the accounting and consultancy firm reported this in its annual report for 2023 and 2024.

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

Going Concern

The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Tuesday, September 19, 2023, at 10:00 a.m. Nearly 140 comments were received, including some after the August 7, 2023, deadline, and the proposals have proven controversial.

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Extending Outsourcing Contracts Can Alleviate Shortage of CPAs

CPA Practice

accounting profession is facing a severe shortage of certified accountants. Projections indicate that demand for accountants and auditors will increase by 13% between 2021 and 2031, with an estimated 136,400 job openings between 2021 and 2023.

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AICPA News – Feb. 2024

CPA Practice

AICPA Shares Plan to Strengthen Accounting Pipeline According to the American Institute of CPAs ‘ 2023 Trends Report, bachelor’s degree completions in accounting dropped 7.8% Meanwhile, 60% of firms surveyed reported that they expected to have the same or higher number of CPAs on staff in 2023 compared to 2022.

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Monday Morning Accounting News Brief: KPMG Vet Quits on Christmas; PwC Resigns; ‘A Veil of Legitimacy’ | 1.16.23

Going Concern

Reddit is out here doing their part to promote the accounting career track to prospective students : I lament my career path. Works 4 days a week now, but has put in his time as a sleepless auditor during busy season. Hit the six figure mark at 29, but realized money and career isn’t everything.