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The Parallel Problems of Public Accounting & Major League Baseball

CPA Practice

The season and games are longer today, but beyond that, not much else has changed in more than 120 years of professional baseball. After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.

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Letter to the Editor: Life in Public Accounting Doesn’t Add Up For Young Professionals

Going Concern

In it the author covers their introduction to accounting, the impact the pandemic had on their goals, and the all too familiar feeling of watching your peers make buckets of money in other careers while you grind away in public. ” When I was a junior in high school, I took my first accounting class. I loved the class.

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Stacking CPA and CMA Credentials Is an Investment for a Career-Long Payoff

CPA Practice

If you’re planning a career in the world of accounting or finance, two distinctions have the branding impact and bench strength you need. Invest your time and effort into stacking the Certified Public Accountant (CPA) and Certified Management Accountant (CMA) letters behind your name. By Monte Swain, PhD, CMA, CPA, CGMA.

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Nominations Open for 2024 “40 Under 40” and “20 Under 40” Awards

CPA Practice

Here are the rules and expectations: Candidates should be working in the accounting field, or supporting the field (public, private, tax preparation, consulting, academia, government) and have not turned 40 as of Oct. There are no costs associated with these awards or the nomination process.

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Monday Morning Accounting News Brief: Feds Raid PwC; Big 4 Wants to Be Like Grant Thornton!? | 11.4.24

Going Concern

HR Dive discusses the recent CPE situation at EY : A recent scandal involving online training at Ernst & Young has pulled back the curtain on the time and ethical pressures accountants and finance teams are under to balance the demands of client work with ongoing professional training requirements.

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BDO USA Calls Its New ESOP ‘a Game-Changer’ for the Profession

CPA Practice

the sixth-largest public accounting firm in the U.S., BDO’s ESOP is believed to be the first such employee stock plan offered by a public accounting firm in the U.S. BDO’s ESOP is believed to be the first such employee stock plan offered by a public accounting firm in the U.S. BDO USA P.A.,

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The Accountant Shortage is a Material Weakness Now

Going Concern

The Wall Street Journal wrote today about recent disclosures made by Advance Auto Parts, Joby Aviation, and Germany’s Evotec that specifically point to a lack of accounting staff as a contributor to or sole factor causing certain material weaknesses. We have engaged a leading public accounting firm to support this work.

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