Going Concern

OCTOBER 11, 2022

note: the following is penned by Bob Jennings CPA, EA for his Taxspeaker.com newsletter. Smaller firms cannot pay competitive salaries because the graduates must be expensively retrained in small business accounting needs. According to the SBA , small business generates about 44% of GDP in America and 2/3 of new jobs annually.

Education 104

Education Account accountant accounted 104

Going Concern

JUNE 13, 2024

They did say the salary bump will put accounting “on par with other business majors” though: EY US will increase early career compensation as part of a total rewards package that recognizes the value of a certified public accountant (CPA) career path.

Account 116

Account accountant accounted accounting degree 116

Going Concern

AUGUST 30, 2024

He mentions mentoring programs, companies paying for continuing education (um, they better), basic and advanced upskilling, all that good stuff. Pay for advanced degrees, too. Number three: Create closer relationships between accountants and students. By all means, go for it and get in those schools.

Account 114

Account accountant accounted Education 114

CPA Practice

JUNE 27, 2024

A new initiative, Controllers for a Cause Scholarship Fund, seeks to support the CPA pipeline with scholarships for students sitting for the CPA Exam. The fund is a program developed by the Controllers Council and administered by the AICPA Foundation , a charitable organization of the American Institute of Certified Public Accountants.

CPA 52

CPA cpas accounting degree corporate accounting 52

Going Concern

DECEMBER 1, 2022

Perusing The CPA Journal as one does when one is tasked with the onerous burden of reporting on happenings in a profession in which so few things happen, I saw this discussion on CPA Evolution by Nina Terranova Dorata, PhD, CPA and Vincent J. Fitting really, as it encapsulates how boned the profession is. What are we looking at?

accounting degree 64

accounting degree Account accountant accounted 64

Going Concern

MAY 9, 2023

OK that’s not so bad for us, it says right there their CPAs are choosing to work for foreign companies. I, myself, started with Php 20,000, then jumped ship to another company, landed Php 65,000 and now, in my current, I am at six-figure already, and I am not a CPA too (not boasting). BPO = Business process outsourcing (BPO).

cpas 122

cpas Account accountant accounted 122

CPA Practice

OCTOBER 12, 2023

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. The number of students earning U.S. and 8.4%, respectively.

Account 112

Account accountant accounted cpas 112

Going Concern

FEBRUARY 24, 2023

That’s sort of what’s happening in the profession right now over proposed legislation in Minnesota that offers an alternative to the traditional 150 units of education required for licensure. The proposal would make it harder for Minnesota CPAs to practice across state lines, physically and virtually.

Minnesota 98

Minnesota Illinois cpas CPA 98

CPA Practice

JUNE 12, 2023

Seven aspiring CPAs representing six Indiana universities were selected for this year’s Indiana CPA Educational Foundation Scholarship. This scholarship provides financial assistance to Indiana CPA Society (INCPAS) student members pursuing their accounting degree and entry into the CPA profession.

Indiana 52

Indiana CPA cpas accounting degree 52

CPA Practice

JANUARY 18, 2023

In an effort to support a racially and ethnically diverse student population and help strengthen the pipeline of diverse CPA talent, the Fordham University Gabelli School of Business has announced its collaboration with the Deloitte Foundation in the Deloitte Foundation Accounting Scholars Program (DFASP). Arrieux, Jr.,

Account 119

Account accountant accounted Education 119

CPA Practice

JUNE 5, 2023

Shekel is a registered CPA and Accredited in Business Valuation (ABV). Board officers: Board Chair: Laura O’Brien, CPA, MST, LGA, LLP Chair-Elect: Laura Felice, CPA, CGMA, BJ’s Wholesale Club, Inc.

Indiana 93

Indiana Massachusetts Real Estate CPA 93

Going Concern

AUGUST 24, 2022

However, other accounting literature suggests that accounting jobs are miserable. A majority of accounting educators and practitioners would not major in accounting if they “were completing their education over again” (Albrecht and Sack 2000, Ch.

accounting careers 98

accounting careers Account accountant accounted 98

CPA Practice

AUGUST 8, 2023

Accounting firms already contend with some of the more obvious barriers and deterrents to the field, the sometimes-grueling busy season schedules that can add up to 80-hour weeks, nearly an entire extra year of college courses plus expenses required to pursue a CPA license, and so on.

Account 88

Account accountant accounted Education 88

CPA Practice

MAY 25, 2023

The Illinois CPA Society (ICPAS) has presented its Outstanding Educator Award to two Illinois accounting faculty as part of its 2023 awards program. Accounting educators are instrumental in stewarding the next generation of leaders into the profession,” says Geoffrey Brown, CAE, president and CEO.

Illinois 52

Illinois CPA intermediate accounting managerial accounting 52

CPA Practice

JULY 31, 2023

has over 10 years of experience providing high-quality consulting, advisory and auditing services to clients across various industries, particularly in healthcare, technology, financial services, higher education, professional services and energy. He is a licensed CPA and a member of ACG San Francisco. She is a licensed CPA.

Real Estate 97

Real Estate West Virginia Manufacturing audit 97

Going Concern

MAY 20, 2024

Illinois CPA Society has issued a new pipeline report: Re-Decoding the Decline. The findings provide invaluable insights the CPA profession and its stakeholders cannot ignore while trying to counter the persistent decline in the number of individuals pursuing the CPA credential. Please and thank you.

audit 105

audit auditor Account accountant 105

Going Concern

JANUARY 12, 2024

.” Two Tax Shelter Promoters Sentenced to 25 Years and 23 Years in Billion-Dollar Syndicated Conservation Easement Tax Scheme; Two More CPAs Plead Guilty [ Department of Justice ] Two men were sentenced Tuesday for crimes arising from their organization, promotion and sale of abusive syndicated conservation easement tax shelters.

audit 111

audit auditor Illinois CPA 111

Going Concern

JUNE 15, 2023

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.

Account 59

Account accountant accounted Education 59

Going Concern

SEPTEMBER 19, 2022

Let’s talk about starting salaries in public accounting. Let’s assume a student has an undergraduate accounting degree, a MAcc degree, and has passed all 4 sections of CPA exam. Accounting. — Dr. Josh McGowan, CPA (@Jmcgowan3838) September 19, 2022. 55K isn’t it. Throw some numbers out.

public accounting 52

public accounting accounting degree Account accountant 52

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. Your firm obviously needs a certain number of licensed CPAs if you provide auditing services. Beyond assurance engagements, many services don’t required workers to have a CPA license.

accounting firms 59

accounting firms Account accountant accounted 59

Going Concern

APRIL 20, 2022

This latest iteration of the report covers university data reported to the Integrated Postsecondary Education Data System (IPEDS) for the 2019–20 academic year in addition to abbreviated university responses regarding enrollment expectations for both the 2019-20 and 2020-21 academic years. A worsening accounting professor shortage.

Account 52

Account accountant accounted CPA 52

RitaKeller

JUNE 16, 2021

I received the following press release from the Illinois CPA Society. They are unveiling the findings from research they have done relating to the decline in CPA candidates. It seems that accounting students don’t see the value in devoting the time and energy to become a CPA.

Illinois 45

Illinois cpas CPA accounting degree 45

CTP

AUGUST 11, 2022

By Dominique Molina, CPA MST CTS. This can be uncomfortable for the majority of tax professionals who want to offer tax planning, yet lack the background or education. The ability to decrease your taxes using laws, loopholes, credits, and deductions is NOT a minimum requirement in any accounting degree program.

tax planning 52

tax planning Tax tax return Construction 52

CPA Practice

FEBRUARY 9, 2023

Sponsored by Deloitte Tax LLP and supported by the Deloitte Foundation, FanTAXtic has engaged nearly 6,500 students since inception in 2002 and is designed to educate and prepare the next generation of tax talent for a career in business and tax.

Illinois 52

Illinois Wisconsin Iowa Louisiana 52

Going Concern

SEPTEMBER 1, 2023

Talent Accounting Research Seeks to Find Solutions for Talent Shortage [ EIN Presswire ] The Center for Accounting Transformation, in collaboration with CPA Trendlines, is undergoing Staffing Strategies Research to understand how to address the talent shortage and identify workable solutions for firms and organizations of all sizes.

Account 111

Account accountant accounted audit 111

CPA Practice

NOVEMBER 29, 2023

She most recently served as director of communications and partnerships at Liscio, after leading marketing and influencer relations, where she educated over 25,000 industry professionals annually about the new category of app. Corder received his accounting degree from Texas Christian University and holds an M.S.

Real Estate 52

Real Estate audit California cpas 52

CPA Practice

MARCH 22, 2023

The Texas Senate unanimously passed a bill on Tuesday that would lower the eligibility requirement for CPA candidates to sit for the CPA exam from 150 semester credit hours to 120. Gov Patrick for passing one of TXCPAs priority legislation items of this session, which will help fuel the CPA pipeline. On to the House!!

Texas 128

Texas CPA cpas Education 128

Going Concern

JUNE 28, 2024

AI, accounting degrees coming to state universities [ SDPD Radio ] Two new programs in the state university system aim to help tackle high-demand career needs in South Dakota. EY ] Globally, in the first half (H1) of 2024, there were 551 listings raising US$52.2b

South Dakota 98

South Dakota Technology audit accounting and finance 98