CPA Practice

DECEMBER 18, 2023

The American Institute of CPAs has announced that 36 CPAs from around the country have graduated from the AICPA Leadership Academy, a program designed to expose the next generation of CPAs to a strong ethic of leadership and service. The program, now in its 15th year, was held in Durham, N.C., from December 11-14.

cpas 121

cpas CPA Iowa Oklahoma 121

Going Concern

JANUARY 10, 2025

The Ohio Society of CPAs announced yesterday that their state is leading the way in alternative pathways to CPA licensure, officially. 8, which includes OSCPA-backed legislation that will position Ohio as a national leader in addressing the dire CPA shortage. Many states are also working to adopt similar language to Ohio.

Ohio 64

Ohio Minnesota cpas CPA 64

CPA Practice

SEPTEMBER 27, 2023

Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. 23, 2023, with others still planning activities later this fall. The CPA Day of Service’s motto, ‘A good day for doing good,’ rang true once again.

Illinois 114

Illinois cpas CPA public accounting 114

Going Concern

NOVEMBER 4, 2024

This step is an expected development in relation to an investigation the AFP commenced in 2023 into the historical tax matter and individuals who have left our firm,” Burrowes told staff. “We Accountants have to do the same amount of work with less resources, with time being one of them.”

Account 105

Account accountant accounted auditor 105

CPA Practice

JUNE 5, 2023

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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CPA Delaware Oklahoma Massachusetts 111

CPA Practice

NOVEMBER 6, 2023

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. AICPA Foundation announces 2023–24 doctoral scholarship recipients The AICPA Foundation granted fellowships to 25 minority doctoral students as part of the AICPA Fellowship for Minority Doctoral Students.

Texas 114

Texas Georgia accounting and finance Virginia 114

CPA Practice

NOVEMBER 13, 2023

The Texas State Board of Public Accountancy approved an Agreed Consent Order assessing a reprimand and a $3,000,000 administrative penalty against Ernst & Young LLP (EY) on November 9, 2023. The penalty was the largest administrative penalty that the Texas Board has ever assessed against a CPA firm.

Texas 85

Texas public accounting cpa firm Account 85

CPA Practice

MAY 25, 2023

Sandra Richtermeyer, CPA, PhD, CMA, University of Massachusetts Lowell Immediate Past-Chair: Karen McElroy, CPA, Deloitte LLP President and CEO: Amy Pitter, MassCPAs Directors: Mark Audi, CPA, Baker Newman Noyes (BNN) Charlotte Cathro, CPA, TAC CPAs LLC Marquis Cooper, Boston Scientific Matthew Dyment, J.D.,

Massachusetts 98

Massachusetts cpas cma CPA 98

Going Concern

AUGUST 30, 2023

Another state has pushed to allow prospective CPAs to sit for the exam with just a bachelor’s degree worth of units and that’s good ol’ Texas. Effective September 1, future CPAs can sit for the exam with 120 units of education. November 13, 2023 –Last day for Board approval of Eligibility Applications for BEC.

Texas 130

Texas CPA cpas Education 130

CPA Practice

JANUARY 27, 2023

RMD Age Increased Individuals saving for retirement via individual retirement accounts (IRAs) and most employer-sponsored retirement accounts must begin taking required minimum distributions (RMDs) when they hit a certain age. This age limit increases to age 73 in 2023 and age 75 in 2033. reduces this tax to 25% in 2023.

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Illinois Non-Profits CPA cpas 119

CPA Practice

MAY 30, 2023

The Illinois CPA Society (ICPAS) has selected Kiara R. Schuh, CPA, as the recipient of its 2023 Young Professionals Leadership Award. It’s our hope that she’ll continue to be a force for positivity in the accounting profession and inspire future generations of CPAs to act on the issues they’re passionate about.”

Illinois 111

Illinois CPA cpas public accounting 111

Going Concern

MARCH 17, 2023

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.

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cpas Education Minnesota accounting degree 98

CPA Practice

JUNE 12, 2023

The Illinois CPA Society (ICPAS)—one of the largest state associations in the nation serving the certified public accountant (CPA) community—has presented Daniel F. Rahill III, CPA/PFS, JD, LL.M., CGMA, with its prestigious 2023 Lifetime Achievement Award. Rahill also holds several other volunteer roles.

Illinois 105

Illinois CPA Florida income tax 105

CPA Practice

MAY 16, 2024

Unveiling the findings of its previously announced research into the decreasing supply of new certified public accountants (CPAs), the Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is pleased to release its 2024 Insight Special Feature, “Re-Decoding the Decline: An Updated CPA Pipeline Report.”

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CPA cpas accounting degree Illinois 119

CPA Practice

OCTOBER 5, 2023

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential.

CPA 119

CPA Rhode Island cpas Montana 119

CPA Practice

JANUARY 17, 2023

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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CPA Pennsylvania Tennessee Nevada 124

Going Concern

MAY 26, 2023

Deloitte is set to act as the mining company’s independent registered public accounting firm for 2023. Shah, Professor of Accounting and Finance at University of London writes: Large auditing firms often work with a significant proportion of an industry. appeared first on Going Concern.

public accounting 104

public accounting Account accountant accounted 104

CPA Practice

JUNE 5, 2023

LL.M, BDO USA, LLP Molly Griffiths, RSM US LLP Rose Jardim, CPA, Jardim & Marotta LLC Adnani Johari, CPA, CGMA, MBA, Brighthouse Financial, Inc. Pitter Presidential Scholarship , to honor the legacy of its President and CEO, who will retire at on December 31, 2023. To donate to the Amy A.

Indiana 93

Indiana Massachusetts Real Estate CPA 93

CPA Practice

FEBRUARY 3, 2023

The Illinois CPA Society reminds taxpayers that CPAs, certified public accountants, can help. CPAs are strategically positioned to help file your tax returns and determine all your eligible deductions and credits.

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Tax Illinois tax return cpas 119

CPA Practice

APRIL 26, 2023

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.

Pennsylvania 52

Pennsylvania public accounting accounting firms Account 52

CPA Practice

JUNE 28, 2023

The New Jersey Society of Certified Public Accountants (NJCPA) is accepting nominations for its 2023 Ovation Award s. CPAs by nature serve their clients and communities in such rewarding ways. Nominees can be self-nominated or nominated by a colleague.

New Jersey 59

New Jersey cpas CPA public accounting 59

Going Concern

APRIL 21, 2022

. “In my view, the future of the CPA profession is at risk,” writes Yigal Rechtman, CPA, CFE, CITP, CISM in a letter to the editor published by The CPA Journal. We’d be wise to wait for the 2023 AICPA Trends report to see if the trend continues before getting too worked up about it.

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cpas CPA Virginia Education 98

Going Concern

OCTOBER 21, 2024

ICYMI: American Institute of CPAs (AICPA) and the National Association of State Auditors, Comptrollers and Treasurers (NASACT) suggest state and local governments step it up to beat the talent shortage. But accountants who do government work face unique challenges that require more specialized solutions.

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Account accountant accounted South Dakota 59

CPA Practice

APRIL 27, 2023

One of the oldest and largest societies in the United States, the Texas Society of Certified Public Accountants or TXCPA currently has 28,000 members. Founded in 1915, the Texas Society of Certified Public Accountants (TXCPA) provides a wide array of professional resources for CPAs.

Texas 64

Texas cpas CPA Education 64

CPA Practice

JUNE 1, 2023

AICPA News is a round-up of recent announcements from the American Institute of CPAs. NABA) National Association of Enrolled Agents (NAEA) National Association of Tax Professionals (NATP) National Conference of CPA Practitioners (NCCPAP) National Society of Accountants (NSA) National Society of Black Certified Public Accountants, Inc.

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institute of chartered accountants chartered accountant North Dakota Texas 111

CPA Practice

JUNE 7, 2023

Kimberly Ellison-Taylor, CPA.CITP, CGMA 2023 Most Powerful Women in Accounting Chief Executive Officer KET Solutions, LLC How do you envision the accounting profession evolving in the foreseeable future for women? In order to maintain competitiveness and relevance, the accounting profession must continue to evolve.

Maryland 98

Maryland Account accountant accounted 98

Going Concern

NOVEMBER 8, 2024

Second, the firm failed to timely file its annual reports on PCAOB Form 2 for 2021, 2022, and 2023, in violation of PCAOB Rule 2201, Time for Filing of Annual Report. Lovesac to settle accounting violation suit brought by SEC for $1.5 million [ Furniture Today ] The SEC complaint, filed in the U.S.

Florida 98

Florida Mississippi audit auditor 98

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. Non-CPAs of course starts a bit lower, Php 12,000 to Php 15,000. The salary.

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cpas Account accountant accounted 122

CPA Practice

FEBRUARY 7, 2023

These scholarships provide essential financial assistance to qualifying accounting students across the state of Illinois and reward them for their hard work and academic success. The application deadline for the following scholarships is April 1, 2023: Illinois CPA Society Accounting Scholarships for seniors or graduate students.

Illinois 116

Illinois CPA cpas public accounting 116

CPA Practice

OCTOBER 12, 2023

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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Account accountant accounted cpas 112

CPA Practice

SEPTEMBER 6, 2023

Several AI systems were among this year’s winners of the Tax & Accounting Technology Innovation Awards, presented annually by CPA Practice Advisor, a technology and practice management resource for public accounting firms. Once Accounting’s innovation drives success for professionals in the industry.

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Technology accounting and finance Tax CPA 122

CPA Practice

OCTOBER 10, 2024

Florida Institute of CPAs FICPA hosted a webinar on Oct. 3 that was attended by members from the Georgia Society of CPAs, North Carolina Association of CPAs, South Carolina Association of CPAs, Tennessee Society of CPAs, and the Virginia Society of CPAs on disaster recovery. It can be found here.

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North Carolina South Carolina Tennessee Georgia 116

Going Concern

MAY 2, 2024

The Pennsylvania Institute of CPAs (PIPCA) has released a new report called CPA Talent Retention 2024: Keeping Your Best Performers , free to read for PIPCA members but we’ll have to settle for browsing the press release. “We want to make sure that the ‘Current Talent’ group does not become ‘Career Changers’.

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cpas Pennsylvania Technology CPA 64

CPA Practice

JULY 8, 2024

AICPA News is a collection of recent announcements from the American Institute of CPAs and the Chartered Institute of Management Accountants. Shortly before his passing, he became the first African American and youngest chair of the North Carolina Association of CPAs board of directors.

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cpas North Carolina Illinois Texas 122

CPA Practice

FEBRUARY 2, 2024

Members of the New Jersey Society of Certified Public Accountants (NJCPA) visited 65 high schools in the state during the fall of 2023 to inform students about the benefits of having a successful career in accounting and how to become a certified public accountant (CPA).

New Jersey 64

New Jersey accounting careers cpas Account 64

CPA Practice

SEPTEMBER 27, 2024

The research , led by specialist staffing agency, Distinct, compares job post and seeker volumes from July 2023 to July 2024. It reveals a growing disconnect as accounting employers pull back on remote positions as demand for them continues to rise. The data also highlights a disconnect in remote roles for CPAs.

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Tax audit cpas New York 105

CPA Practice

JUNE 1, 2023

The New Jersey Society of Certified Public Accountants has named Edward G. O’Connell, CPA, CGMA, CFF, CFE, audit partner in the Technology and Life Sciences practice at WithumSmith+Brown, president for the 2023/24 term. Powers, CPA, CGMA, PSA, chief financial officer of Chelsea Senior Living, on June 1.

New Jersey 52

New Jersey cpas cma CPA 52