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Going Concern
AUGUST 30, 2023
Effective September 1, future CPAs can sit for the exam with 120 units of education. The Public Accountancy Act (effective September 1, 2023) and Board Rules require that you meet the new education requirements to take the CPA Exam. First day to accept AOIs under the new education requirements.
CPA Practice
MAY 14, 2024
Because CPA candidates must complete 150 semester credit hours of education—30 credits beyond the typical 120 credit hours earned in a four-year undergraduate degree— many CPAs end up spending five years in college instead of four. We want to be clear that we very much value education.
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Going Concern
DECEMBER 8, 2022
There’s nothing wrong with the trades, in fact if you do the math many plumbers make more per hour than early-career public accountants (ouch again). I’m pretty sure there is no one alive today who has seen a green eyeshade other than as a Halloween costume. Surely no one believes this stereotype in current year?
Going Concern
OCTOBER 11, 2022
Smaller firms cannot pay competitive salaries because the graduates must be expensively retrained in small business accounting needs. This circle is caused by the power wielded by the Big 4 firms over educators in the form of accreditation in college accounting programs, administered by the AACSB. September 29, 2022.
CPA Practice
FEBRUARY 6, 2024
As firm leaders, community advocates, educators, and mentors, members play a vital role in strengthening the pipeline. Seeking federal designation: The AICPA and 54 state CPA societies nominated six accounting-related degrees for inclusion on the U.S. The customizable program is not an internship or an apprenticeship.
CPA Practice
MARCH 22, 2023
There has been much debate in certain corners of the accounting profession lately about whether the 150-hour rule for CPA licensure has contributed to the pipeline of accountants drying up in recent years —that and the subpar starting pay in public accounting and the long hours required to work, especially during busy season.
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