Going Concern

FEBRUARY 2, 2023

.” To put things into perspective for the normies who may not understand that accountants’ work is critical to the entire foundation of our financial system, he likens accountants to referees, the order-keepers of sports: “We may not always like the referees, but sports is a free-for-all without them,” he said.

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Going Concern

MAY 12, 2023

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

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Going Concern

OCTOBER 30, 2023

And the 150 hour rule: Leary, who is based out of the firm’s Charlotte office, has been a major proponent of expanding pathways to accounting careers, and backs Minnesota legislation that would grant licenses to accountants who earn 120 college credit hours with an extra year of work experience—less than the currently required 150 hours.

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CPA Practice

JANUARY 25, 2023

AuditClub, the Audit Service Center and creator of the innovative auditors-as-a-service model, has announced new and enhanced weekly passes that allow members to subscribe to AuditClub professionals with an experience level geared to the support they need during the upcoming busy season and beyond.

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Going Concern

DECEMBER 6, 2023

This is especially pronounced among men (duh) and a recent study published in Accounting Horizons dove into why. Gender inequalities remain problematic for PSFs: they contribute to employee turnover and discourage younger generations from seeking accounting careers, given their interest in work-life balance.

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CPA Practice

MAY 2, 2023

By Paula Laurenti, Key Accounts Manager at SAPRO. accounting profession is facing a severe shortage of certified accountants. 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.

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Snyder

MARCH 14, 2023

Whether it’s a good career choice for you to pursue depends on what you aim to achieve in the future. Here are some rewarding aspects of accounting careers. Auditor The role of an auditor is two-fold. Networking with fellow professionals, which will help you land accounting jobs that are not posted publicly.

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Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. Comment letters raise serious questions about the consequences of the proposed changes.

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CPA Practice

APRIL 28, 2023

Three years later, things feel almost back to normal, but state and federal-level tax legislation continues to be a complicated maze that accountants continue to navigate. The Bureau also notes a decline in students majoring in accounting and a decrease in graduates who will take the four-part examination to become a CPA.

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CPA Practice

APRIL 24, 2023

Three years later, things feel almost back to normal, but state and federal-level tax legislation continues to be a complicated maze that accountants continue to navigate. The Bureau also notes a decline in students majoring in accounting and a decrease in graduates who will take the four-part examination to become a CPA.

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Going Concern

OCTOBER 14, 2024

I held onto my accounting career until I was white in the knuckles because I had invested too much energy, time, and money into the profession. We don’t view AI as a substitute for auditors,” Shimek explained. I was so unhappy, but it was unfathomable for me to do anything else. Audits will always require human judgment.

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Going Concern

JULY 20, 2022

Young accountants were eager to tip us off to the happenings at their firms, students and staff alike abused the advice@goingconcern.com inbox with an endless flood of questions. From Accounting Career Conundrums: Disappointed Auditor’s Laziness Is Showing published October 9, 2013: Something tells me that you are lazy.

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Snyder

MARCH 6, 2023

So, let’s look at the accountant roles of today and the current trends that influence what the roles of an accountant of tomorrow will entail. Hop on reading to learn more about the role of an accountant: 1. Accountants: a quick job description 2. What influences the change in accountants’ role and functions?

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CPA Practice

FEBRUARY 6, 2024

Accounting Opportunities Experience As part of the Pipeline Acceleration Plan, the AICPA’s Academic and Student Engagement (ASE) team has implemented other strategies and initiatives to promote accounting as a career, increase awareness, and offer resources and support for students and educators.

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Going Concern

JULY 1, 2022

There will always be problems with the concept of an independent audit when the auditors are being paid by the auditee. But I assert that there’s nowhere better to start an accounting career than at a Big 4 firm. . — Lisa Hemann (@LisamarieHemann) June 30, 2022. And that ain’t changing anytime soon.

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Mark Lee

FEBRUARY 13, 2024

In this blog post I will unravel the myths surrounding soft skills, debunk common misconceptions, and explore why, what I prefer to think of as Key Business Skills (KBS), are more important than ever if you want to ensure the success of your accounting career and practice. No one is born a great auditor, tax adviser or accountant.

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Going Concern

JANUARY 16, 2023

Reddit is out here doing their part to promote the accounting career track to prospective students : I lament my career path. Works 4 days a week now, but has put in his time as a sleepless auditor during busy season. Hit the six figure mark at 29, but realized money and career isn’t everything.

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Going Concern

MARCH 22, 2024

Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri.

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Going Concern

MAY 5, 2023

The models can read documents and pull-out information that auditors are looking for. “It It makes doing audits much faster, eliminating some of the human error, providing move value to some of the accounting audit work that we do for our clients,” he said. . On day one. I was 21 at that point.”

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Going Concern

OCTOBER 16, 2023

.” Accounting has been taking a beating in the public square recently, with a steady drumbeat of news about the decline of people either entering or exiting the profession. Our talent challenges are real, but perspective about the opportunities and appeal of an accounting career has been lacking.

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Going Concern

DECEMBER 9, 2022

Britain’s biggest companies and their auditors are playing a £10bn game of musical chairs. When the music stops we will have learnt something about how seriously we should take the Big Four accountants’ opposition to audit market reforms. The accountants argued a compulsory merry-go-round was unnecessary and would hurt audit quality.

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Going Concern

OCTOBER 6, 2023

At the same time, the median, inflation-adjusted pay for young accountants has stagnated, according to a Wall Street Journal analysis of salary data compiled by the Census Bureau. This pay disparity is a major reason why fewer people are choosing accounting careers, threatening to worsen an already dire shortage of accountants.

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Going Concern

DECEMBER 9, 2024

Accounting errors force US companies to pull statements in record numbers, writes FT : The number of US companies forced to withdraw financial statements because of accounting errors has surged to a nine-year high, raising questions about why mistakes are going unnoticed by auditors. At this point we know the answer.

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Going Concern

APRIL 5, 2024

Finance ] Aitzarelys Negrón, certified public accountant (CPA) and founder of Strategies and T.E.A., said, “I had been working at a [major] accounting firm since 2015 before being laid off in the fall of 2020. million in 2023 while generating total revenues of $4.1 Borgers has worked with Trump Media since 2022.

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