CPA Practice

NOVEMBER 3, 2023

College graduates with accounting degrees , CPA exam takers , new entrants to the accounting workforce —all these metrics and our experience make us feel there’s a lack of interest in our industry. You can sense the collective anxiety brewing: Is our industry running low on accounting talent? By Andrew Argue, CPA.

Account 124

Account accountant accounted Technology 124

CPA Practice

OCTOBER 3, 2023

next year, according to a CPA Practice Advisor analysis of public accounting pay data provided by specialized staffing firm Robert Half. Robert Half’s salary guide for 2024 was released on Monday, featuring starting salary projections for a plethora of roles in accounting and finance.

public accounting 121

public accounting Account accountant accounted 121

BuildYourFirm

APRIL 28, 2020

For twenty consecutive years, Allan has been named by Accounting Today as one of the Top 100 Most Influential People in the accounting profession. Koltin was also voted one of the 10 Most Recommended Consultants for the sixteenth straight year in the “Annual Survey of Firms” conducted by INSIDE Public Accounting.

Wisconsin 168

Wisconsin cpas CPA accounting degree 168

Accounting Insight

MARCH 8, 2023

Trouble finding qualified staff continues to be a top concern for accounting firms of all sizes, according to the AICPA’s 2023 Top Issues Survey. Workers who may lack an accounting degree but have a business background, or bookkeeping and tax experience, may be a good fit for client accounting services and certain tax engagements.

accounting firms 59

accounting firms Account accounted accountant 59

Going Concern

AUGUST 30, 2024

StoneTurn’s Brad Wilson wrote an opinion piece for Bloomberg Tax about how business leaders can take proactive steps to address the accountant shortage and I am presenting it here for you to critique. Brad is coming into this from the business leader side, not the accounting firm side. ” Cool.

Account 114

Account accountant accounted Education 114

CPA Practice

AUGUST 8, 2023

Recruiting and employee retention have topped the priority list of businesses at large in the recent past, but for the accounting industry, it has been a primary focus for most of the last decade. Competition for accounting talent is fierce.

Account 88

Account accountant accounted Education 88

Going Concern

AUGUST 29, 2023

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.” I’m involved in recruiting for one of the largest accounting firms in Connecticut.

Account 115

Account accountant accounted public accounting 115

Going Concern

OCTOBER 11, 2022

These businesses have their financial advisory needs served by hundreds of thousands of small firm accountants and CPAs nationwide. Small business has unique needs for accounting services: primarily tax and advising, and secondarily day-to-day accounting needs to act as de-facto controllers and decision makers.

Education 104

Education accountant accounted Account 104

Going Concern

AUGUST 24, 2022

Misery in accounting is timeless after all. Plus it’s relevant given the ongoing accounting pipeline problem and concerns about accountant shortages as the paper talks about how the stereotype of “the miserable accountant” actually draws people to the profession for whom misery is a good fit.

accounting careers 98

accounting careers Account accountant accounted 98

CPA Practice

JUNE 19, 2023

Professional association leaders warn that accounting staff shortages are popping up nationwide, impairing financial reporting at the same time that Congress has been pushing for more transparency in financial data , which will require even more staff work. So what’s changed in the supply chain for governmental accountants?

Government 98

Government Account accountant accounted 98

CPA Practice

MAY 8, 2023

Shortly after Fortune released its ranking of the 100 best companies to work for in 2023, which included a smattering of public accounting firms , the business magazine came out with its inaugural ranking of the best online master’s degree programs in accounting.

North Carolina 111

North Carolina Account accountant accounted 111

Going Concern

SEPTEMBER 1, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And while there’s been a lot of talk, what we haven’t seen…we haven’t seen any really good survey that says firms have truly done everything that they can do. Is your firm hiring?

accounted 111

accounted Account accountant audit 111

Going Concern

MAY 20, 2024

PwC is facing legal action claiming the accountancy firm is liable for the alleged rape of a graduate employee following after-work drinks. And the larger firms with more than 100 public clients will have to have an outsider on their board evaluating quality control. Find it, and other ICPAS insights, here.

audit 105

audit auditor Account accounted 105

ThomsonReuters

JANUARY 28, 2022

Tax season is a critically busy time of the year for accountants, and we all know the stress that can come with such a high demand for services during that part of the year. But for some tax and accounting firms, the high volume of clients from January to April represents the majority of their business for the year.

Tax 102

Tax tax preparation bookkeeping bookkeeping services 102

Going Concern

AUGUST 16, 2022

” That’s what a stakeholder told me recently when we spoke about the accountant shortage and the growing gap between students getting accounting degrees and recent graduates sitting for the CPA exam. 150 hours is the rule and accounting is nothing if not a pile of rules. THAT’S CRAZY.”

Illinois 98

Illinois CPA accounting degree cpas 98

ThomsonReuters

FEBRUARY 29, 2024

Following high school and an internship at a small business where her role included accounting work, Brittany Lanphier determined that she would definitely not study accounting in college. Something clicked then, Lanphier says, and she found that she liked accounting.

CPA 97

CPA Account accountant accounted 97

Going Concern

NOVEMBER 1, 2023

The Accounting & Financial Women’s Alliance and Accounting MOVE Project have released their Best Firms for Women list and while some names might prompt a hearty who?? What does it mean to be a best firm for women in the year 2023 anyway? So, what are firms that are outpacing the industry doing differently?

cpa firm 108

cpa firm CPA accounting degree accounting firms 108

Going Concern

MAY 2, 2023

We all know outsourcing is big these days — accounting firms might be sending a third of their work overseas and some seniors are overseeing an entire team of offshore associates — but what about insourcing ? We’re talking about talent-strapped Big 4 firms bringing the offshore talent to them. In the U.S.,

auditor 111

auditor audit accounting degree Management Consulting 111

CPA Practice

MAY 30, 2023

Additionally, and this is partly anecdotal, candidate numbers were likely higher than would have been usual from about 2007 to 2009-ish, as the economy circled the drain and accounting was one of the only professions in which one could find a job fairly easily.

CPA 116

CPA cpas accounting degree audit 116

Going Concern

NOVEMBER 30, 2022

Venkatachalam received her accounting degree in India and had only been in Australia since November 2021. “She mentioned how mean some of her colleagues were,” the friend told DM. “I think things had just started to brew then… (some of) her colleagues and the racist angle was at play here.” ” Ms.

accounting degree 111

accounting degree auditor Start-ups accounting firms 111

CPA Practice

AUGUST 30, 2023

How to fix the crumbing talent pipeline in the accounting profession is a topic on the minds of many people these days. Jackie Cardello During the panel discussion, “Accounting Across Generations: Assessing the Current State of the Industry,” the question, “What do we have to change to rebuild the talent pipeline in the accounting profession?”

cpa firm 105

cpa firm CPA cpas Maryland 105

CPA Practice

JUNE 5, 2023

The Society will award the $5,000 scholarship each year to a deserving undergraduate or graduate student pursuing an accounting degree in Massachusetts. The Delaware Society of Certified Public Accountants (DSCPA) is offering the Delaware Ethics for CPAs course. Check out DSCPA.org for more information or to register online.

CPA 111

CPA Delaware Oklahoma Massachusetts 111

CPA Practice

JULY 31, 2023

Professionals on the Move is a round-up of recent hiring and promotion announcements from across the accounting space. Deatrick joined the firm in 2009. He provides accounting and assurance services to both public and privately held companies, primarily those within the construction and manufacturing sectors.

Real Estate 97

Real Estate West Virginia Manufacturing public accounting 97

CPA Practice

JUNE 5, 2023

Professionals on the Move is a round-up of promotions and hiring announcements in and around the accounting profession. marke t FORVIS recently welcomed Michael Shekel as a managing director with the firm’s forensics and valuation team. FORVIS adds Michael Shekel to forensics and valuation team in Washington, D.C.

Indiana 93

Indiana Massachusetts Real Estate CPA 93

Going Concern

JUNE 15, 2023

Prior to 2007 I had little idea the accounting profession existed. This cross-disciplinary knowledge covers accountancy, business law, corporate finance, human resources, information technology, marketing/sales, and operations. The article is “The Crisis in Accounting Education” by Alexander L.

Account 59

Account accountant accounted Education 59

Going Concern

JANUARY 12, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. in 2021/22.

audit 111

audit auditor Illinois CPA 111

Going Concern

JUNE 3, 2022

Accountant Finds Out Client Has “Skeletons In The Closet”, Gets The IRS Involved And Makes Him Lose Everything [ Bored Panda ] It was posted on Reddit so obviously it must be true. Wilson turned it down, though, and opted instead to pursue grad school.

audit 98

audit accounting standards Arizona accounting and finance 98

Going Concern

FEBRUARY 12, 2024

EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. Between a wave of retirees and a drop in the number of people graduating with accounting degrees, the whole profession is struggling to staff up. “We

auditor 72

auditor Account accountant accounted 72

Going Concern

APRIL 20, 2022

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

Account 52

Account accounted accountant CPA 52

Going Concern

FEBRUARY 24, 2023

What’s at risk: A legal review of the proposed changes has been conducted by the National Association of State Boards of Accountancy (NASBA). As the member organization for all state boards of accountancy in the United States, NASBA spelled out key consequences for Minnesota licensees and firms.

Minnesota 98

Minnesota Illinois cpas CPA 98

Going Concern

NOVEMBER 3, 2023

Scott Scarano is not your typical accounting firm owner. Over time, he was able to purchase the firm and scale it into a profitable, million-dollar business. As told to me on the Earmark Podcast , Scott’s story proves accounting can provide purpose, community, and fulfillment for those from non-traditional backgrounds.

Non-Profits 69

Non-Profits Entertainment accounting and finance accounting degree 69

CPA Practice

MARCH 18, 2024

Top 500 accounting firm JHM Certified Public Accountants, based in Chattanooga, is expanding its presence in eastern Tennessee by combining with Harting, Bishop & Arrendale (HBA) in Cleveland, TN. The combined firm will operate under the name of JHM Certified Public Accountants.

cpa firm 52

cpa firm CPA Real Estate Tennessee 52

Going Concern

JULY 14, 2022

Perhaps in other industries the tide may be turning and potential recruits will soon have to beg to be let in through the ATS gate of HR departments everywhere but we aren’t here to talk about other industries, we’re here to talk about accounting. The talent crunch in accounting is nothing new.

public accounting 59

public accounting CPA accounting degree cpas 59

ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. The challenge for CPA firms is to create an environment and a career path that talented young people find appealing.

Technology 52

Technology accounting degree tax preparation cpa firm 52

Going Concern

JANUARY 6, 2023

So customers have filed more than a half-dozen proposed class actions against the NFL’s Tom Brady, accounting firm Prager Metis and Bankman-Fried as an individual, among others. 2024 CPA Exam Blueprints released [ Journal of Accountancy ]. Employers added 223K jobs in December, but cut 1,100 in accounting [ Accounting Today ].

cpa firm 52

cpa firm CPA New Hampshire Ohio 52

CPA Practice

JANUARY 11, 2024

Before joining CohnReznick, Kavanagh was a partner for a Big 4 firm where he served as the audit engagement partner for two components of a Fortune 100 aerospace and defense company’s engagement and was the engagement partner at the issuer level for multiple SEC clients. BWK) recently expanded its staff by 20%.

Delaware 59

Delaware Georgia CPA bookkeeping 59

CPA Practice

NOVEMBER 29, 2023

Bookkeep Names Accounting Veteran Alison Ball as Vice President of Marketing and Communications Bookkeep, the leading accounting automation platform for ecommerce and retail, today announced the hiring of Alison Ball as Vice President of Marketing and Communications. We congratulate and welcome them to the Whitley Penn Partnership.”

Real Estate 52

Real Estate audit California cpas 52