CPA Practice

OCTOBER 3, 2023

CPA Practice Advisor analyzed starting salary projections from Robert Half’s 2023 and 2024 salary guides to determine how much average starting pay is expected to increase next year for each of the eight positions featured. Firms that don’t allow staff to work off-site tend to struggle most with hiring.” Overall average increase: 3.6%

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Going Concern

MAY 9, 2023

This is from CNN Philippines in March : The country is facing a shortage of accountants as college enrollment for this field of study dropped while those licensed chose to work abroad, a group of certified public accountants said on Friday. Additionally, US accounting degree completions peaked in 2015-16 and have trended down since.

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Going Concern

AUGUST 16, 2022

.” That’s what a stakeholder told me recently when we spoke about the accountant shortage and the growing gap between students getting accounting degrees and recent graduates sitting for the CPA exam. 150 hours is the rule and accounting is nothing if not a pile of rules.

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CPA Practice

MAY 30, 2023

If that trend were to continue, then more people should take the CPA exam in 2023, as another round of significant changes to the exam are slated to start on Jan. There are 12 initiatives —some considered near-term, some mid-term, and others long-term—the AICPA said it’s focusing on to fix the accountant shortage.

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CPA Practice

AUGUST 30, 2023

How to fix the crumbing talent pipeline in the accounting profession is a topic on the minds of many people these days. And it popped up at a session during the first day of the 2023 Unique CPA Conference, “Bridging the Gap,” in the Chicago suburb of Rosemont, IL, on Tuesday. Firms are looking at non-traditional hires and non-CPAs.

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CPA Practice

MARCH 22, 2023

But in an article for Accounting Today that was published earlier this month, Blake Oliver, a CPA who specializes in accounting technology and is the founder of Earmark CPE, estimated that the cost of the 150-hour rule is more than $2 billion. On to the House!! All available evidence indicates that it makes no difference.

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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.

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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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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

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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 FY23 audit was completed alongside external auditor Carr, Riggs & Ingram and consultant CliftonLarsonAllen which provides accounting services for the city.

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CPA Practice

NOVEMBER 29, 2023

Ball also led the rollout of QuickBooks Online to the UK accountant market, doubling the ProAdvisor Programme in 12 months. Whitley Penn Announces New Partners Whitley Penn, a full-service accounting firm with nine locations recently announced that eight individuals will be promoted to Partner effective January 1, 2024.

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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. Talent Gifting Leave to One in Need is a Good Deed Indeed [ Economic Times of India ] In case you were one of those left with unused leaves in 2023, read on.

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CPA Practice

JUNE 19, 2023

Professional association leaders warn that accounting staff shortages are popping up nationwide, impairing financial reporting at the same time that Congress has been pushing for more transparency in financial data , which will require even more staff work. The problem won’t be solved by waiting for somebody else to handle it.

Government 98

Government accounted accountant Account 98

Going Concern

JANUARY 6, 2023

Wooooo it’s the first Footnotes of 2023! So customers have filed more than a half-dozen proposed class actions against the NFL’s Tom Brady, accounting firm Prager Metis and Bankman-Fried as an individual, among others. Challenges And Opportunities For Accounting Departments In 2023 [ Forbes ].

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CPA Practice

JANUARY 11, 2024

He earned a BBA, Accounting, and MS, Accountancy, from the University of Notre Dame, is a licensed CPA in Connecticut, and has experience with Oracle and Hyperion. BWK responds to increased demand, grows staff by 20% in 2023 Minneapolis CPA firm Barton, Walter & Krier, P.C. BWK) recently expanded its staff by 20%.

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Going Concern

JULY 14, 2022

As we reported in April: The 2021 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report released a couple weeks ago tells us that the number of accounting graduates trended downward in the 2019–2020 academic year (most recent data available), with decreases of 2.8%

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Going Concern

FEBRUARY 12, 2024

EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up. “We

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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. Yes, accountants have incredible lifetime earning potential.

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