Going Concern

JANUARY 9, 2023

Some stats : With changing tax regulations becoming more complex and a growing economy, job opportunities for CPAs will remain high for the foreseeable future. Bureau of Labor Statistics projects that job opportunities for accountants and auditors will increase by 6% from 2021 to 2031, which is as fast as other occupations.

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Going Concern

APRIL 19, 2024

CPAs Have a Branding Problem for the Younger Generation [ CPA Journal ] By Jason L. Ackerman, CPA, CFP, CGMA Probably the hottest topic in the profession over the past few years has been the pipeline problem: Firms can’t find qualified individuals to handle the increasingly complex world that CPAs deal with on an ongoing basis.

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CPA Practice

AUGUST 16, 2023

The IRS’s strategic operating plan for 2023 through 2031 lays out the agency’s intention to ramp up enforcement action related to digital assets, according to Green Tree, PA-based accounting firm H2R CPA. The IRS is looking for unreported assets,” said Lucas Rihely, a tax partner at H2R CPA. And that’s just the beginning.

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CPA Practice

MAY 2, 2023

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. accounting profession is facing a severe shortage of certified accountants.

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CPA Practice

OCTOBER 10, 2023

The retirement of CPAs contributes to the shortage of qualified tax practitioners, with nearly 75% of the workforce in 2020 reaching retirement age, according to the AICPA. The Talent Pipeline Shortage In the past, public accounting experienced a natural cycle of employees moving up the ranks as older, established CPAs met retirement age.

Technology 105

Technology accounting firms accountant Account 105

CPA Practice

JUNE 2, 2023

According to the Bureau of Labor Statistics , employment of accountants is expected to grow steadily through 2031. Additionally, accountants who pass the CPA Exam and become CPAs are in particularly high demand. Applications for the CPA Exam Scholarship will be accepted from June 1 to September 30, 2023.

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CPA Practice

APRIL 21, 2023

According to the American Institute of CPAs, the demand for financial planning services is at an all-time high. Bureau of Labor Statistics predicts that the need for financial advisors will grow 15% between now and 2031. In fact, the U.S. The demand for financial planning is clearly there.

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