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How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

Here’s how to attract them to accounting: Make the education requirements for CPAs less onerous and expensive. Pay a more attractive entry-level accounting salary. The potential for accounting roles to require long hours for low compensation is not appealing to many possible entrants to the profession.

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Guy Who Works at a Firm Actually Named FML on Why Accounting Is a Great Career

Going Concern

So a guy named Brian Kelleher who works for the hilariously named FML CPAs has written an opinion piece for the Hartford Courant entitled “Opinion: Accounting is a fantastic career — despite common misconceptions.” Yes, accountants have incredible lifetime earning potential. Yes, CPAs do even better over a lifetime.

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Accounting Firms Have Begun to See Mexico As a Goldmine for Accounting and Finance Talent, Says Guy

Going Concern

Just last month, I was contacted by a mid-size CPA firm that had won a slew of new business and was looking to hire 16 auditors and a high-level manager to run the audit team. Median entry level accountant salary in Mexico (in pesos) from salary.com Let’s throw Glassdoor in here too, this is for accountants of all experience levels.

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

Going Concern

note: A reader sent in this thought-provoking essay on their experience as a CPA. 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. Crazy how that works.

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Friday Footnotes: The IRS Has Another ERC Warning; Non-Big 4 Firms Get Dissed; Is AI Excitement Warranted? | 7.26.24

Going Concern

ICYMI These are the top stories on Going Concern this week You Can Sit for the CPA Exam in the Philippines Now Golf Fans Everywhere Now Think BDO Sells Dildos and Lube Just How Much Have Accounting Salaries Increased in the Last Five Years? Who Wants to See How Much Big 4 Revenue by Service Line Has Changed Since SOX?

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Friday Footnotes: EY Partners Are Split on the Split; PCAOB Further Annoys Auditors; Recruiting Events Are Back! | 3.31.23

Going Concern

“It’s a war,” declares Fran Randall, a partner and Richmond market leader for Forvis, one of the nation’s top 10 accounting firms. Stephanie Peters, CEO and president of the Virginia Society of CPAs (VSCPA), seconds that assessment. Everyone is fighting for the same talent.” He previously held various tax roles at KPMG.

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This Accountant Shortage Nonsense Reeks of Deja Vu

Going Concern

That was the year I started working in CPA review, Going Concern was founded two years later. Note that ‘XYZ’ was a placeholder, they were apparently in such a rush to create this CPA-killing credential they couldn’t come up with a name. The article is “The Crisis in Accounting Education” by Alexander L.