CPA Practice

JUNE 1, 2023

million filings in 2024, and 5-6 million filings each year thereafter, with the potential for steep penalties for the taxpayer. The coalition includes the following organizations: AICPA Latino Tax Pros National Association of Black Accountants, Inc. This award is granted to CPA candidates who obtain a cumulative average score above 95.50

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Going Concern

MAY 17, 2024

Sad prediction: AI and offshoring are going to wreck the accounting profession in the next decade. Y’all keep promising this, and we keep begging y’all to make it come true… — Jeremy Wells (@JWellsTax) May 14, 2024 Of all the responses (“It can’t come soon enough” was my favorite), it’s this one I want to flag.

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Going Concern

SEPTEMBER 30, 2024

While EY had applied for the registration in February 2024, it was rejected because the company had not applied since 2007. This recent r/CPA vent post isn’t being received too well (“Stop with the xenophobic drivel.”): Yes the same United States CPA designation u guys are studying for.

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Going Concern

MAY 20, 2024

Illinois CPA Society has issued a new pipeline report: Re-Decoding the Decline. The findings provide invaluable insights the CPA profession and its stakeholders cannot ignore while trying to counter the persistent decline in the number of individuals pursuing the CPA credential. Can someone send us those slides ? There were 8.5

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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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Going Concern

MAY 3, 2024

Practice The PCPS CPA Firm Top Issues Survey is open! AICPA via Twitter ] Link to the survey on Qualtrics The past few years have brought unprecedented change to accounting firms. The Institute of Chartered Accountants of India (ICAI) and the Ministry of Corporate Affairs are laying down the ground work for this. “We

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Going Concern

MAY 28, 2024

The Institute of Chartered Accountants in England and Wales (ICAEW) has published a report called Evolution of Mid-Tier Accountancy Firms. A Spokane, Washington business journal wrote about a CPA of note. Yeah, we definitely need to dig around in that report. This guy sounds cool.

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