Illinois lawmakers propose alternative paths to CPA license
Accounting Today
FEBRUARY 3, 2025
State representatives introduced legislation supported by the Illinois CPA Society to create two more pathways to CPA licensure to ease the pipeline.
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CPA Practice
JANUARY 18, 2023
Founded in 1903, the Illinois CPA Society (ICPAS) is one of the largest state CPA societies in the nation, with the core mission of “enhancing the value of the CPA profession” through meaningful and convenient education, timely and relevant information, influential advocacy, and countless opportunities to make powerful professional connections.
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CPA Practice
FEBRUARY 4, 2025
Natalie Manley (D) and Amy Elik (R), who are both CPAs, would amend the Illinois Public Accounting Act to create two additional pathways to CPA licensure in the state and enhance CPA practice privilege mobility. House Bill 2459, introduced on Feb. 3 by state Reps.
AP Automation: The Competitive Advantage Your Business Needs
Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape
Cash Flow Secrets Every Upskilled CPA Should Know
Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape
Outsourcing Vs. In-House: The Ultimate Battle For Better Collections
CPA Practice
FEBRUARY 7, 2023
These scholarships provide essential financial assistance to qualifying accounting students across the state of Illinois and reward them for their hard work and academic success. The application deadline for the following scholarships is April 1, 2023: Illinois CPA Society Accounting Scholarships for seniors or graduate students.
CPA Practice
APRIL 22, 2024
The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA profession through a variety of prestigious awards. Wolfe, Ltd.
Accounting Today
SEPTEMBER 11, 2024
Illinois CPA Society president and CEO Geoffrey Brown and chair Deborah Rood discussed some of the hot topics in the accounting profession during a recent ICPAS Summit.
CPA Practice
SEPTEMBER 27, 2023
Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. The CPA Day of Service’s motto, ‘A good day for doing good,’ rang true once again. 23, 2023, with others still planning activities later this fall.
CPA Practice
APRIL 3, 2023
The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is proud to formally announce its new board of directors for the April 1, 2023, to March 31, 2024, fiscal year. Ellis, CPA, partner in Ernst & Young LLP’s financial accounting advisory services practice in Chicago; Joshua Herbold, Ph.D.,
CPA Practice
JUNE 12, 2023
The Illinois CPA Society (ICPAS)—one of the largest state associations in the nation serving the certified public accountant (CPA) community—has presented Daniel F. Rahill III, CPA/PFS, JD, LL.M., Rahill earned the CPA credential and became an ICPAS member in 1981. Rahill also holds several other volunteer roles.
CPA Practice
JANUARY 9, 2024
The Illinois CPA Society and its charitable partner, the CPA Endowment Fund of Illinois, have announced the 12th and largest group to date to complete its award-winning Mary T. Alfred Dzakpasu Southern Illinois University Carbondale, Ill. Dasjha Eguasa Northern Illinois University DeKalb, Ill.
Going Concern
FEBRUARY 3, 2025
Hot off Ohio’s governor signing into law a bill that introduces a bachelor’s only pathway to CPA licensure in that state , a pair of Illinois representatives have introduced a bill that would do the same for aspiring CPAs in their state. And the Illinois CPA Society is cheering it on.
CPA Practice
MAY 30, 2023
The Illinois CPA Society (ICPAS) has selected Kiara R. Schuh, CPA, as the recipient of its 2023 Young Professionals Leadership Award. She received both her bachelor’s and master’s degrees from the University of Illinois at Urbana-Champaign’s Gies College of Business.
CPA Practice
APRIL 21, 2023
The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA community through a variety of prestigious awards. Rahill III, CPA/PFS, JD, LL.M., McKeever Jr.
Going Concern
JANUARY 4, 2023
According to the AICPA , a traditional four-year undergraduate program is not adequate for obtaining the requisite knowledge and skills to become a CPA. One state that has been fully aware of the 150 hour rule’s unintended scaring away of quality candidates is Illinois. No one is really arguing these points.
Going Concern
FEBRUARY 1, 2024
Fresh press release for you straight from the source: Aiming to aid accounting students and increase the pipeline of future certified public accountants (CPAs), the Illinois CPA Society and its charitable partner, the CPA Endowment Fund of Illinois, are now accepting scholarship applications.
CPA Practice
MAY 16, 2024
Unveiling the findings of its previously announced research into the decreasing supply of new certified public accountants (CPAs), the Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is pleased to release its 2024 Insight Special Feature, “Re-Decoding the Decline: An Updated CPA Pipeline Report.”
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. Here are a few choice comments: You need another year of college and then have to study for another 6-12 months for the CPA exam.
CPA Practice
OCTOBER 5, 2023
The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential.
Going Concern
MARCH 10, 2023
By Sharon Lassar, PhD, CPA (Florida) John J. A cut out in the article includes this quote, “Should any state or jurisdiction lower the licensure requirement to 120 hours, their CPAs would no longer be automatically substantially equivalent and would no longer enjoy the mobility and reciprocal practice privileges they currently are afforded.”
CPA Practice
MAY 18, 2023
The American Institute of CPAs has announced the 50 winners of the 2022 Elijah Watt Sells Award. This award is granted to CPA candidates who obtain a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, pass all four sections on their first attempt and have completed testing in 2022.
CPA Practice
MAY 14, 2024
As the accounting profession continues to grapple with a shortage of new CPAs and fewer accounting graduates , an independent national advisory group has published six draft recommendations in a new report on what the profession can do to restock its pipeline with young talent. Coffey told CPA Practice Advisor.
CPA Practice
APRIL 10, 2023
The CPA Endowment Fund of Illinois , the charitable partner of the Illinois CPA Society (ICPAS), is proud to announce its board of directors for the April 1, 2023, to March 31, 2024, fiscal year. Fuller, CPA, as ex-officio directors. Fuller, CPA, as ex-officio directors. “I
CPA Practice
APRIL 9, 2024
As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. As an accountant or CPA, you play a vital role in: Calculating and withholding taxes correctly. By Nellie Akalp. Filing tax returns and remitting payments on time. and West Virginia) Washington, D.C.
BuildYourFirm
APRIL 28, 2020
Koltin, CPA, CGMA. For the past six years, Allan has also been named by CPA Practice Advisor as one of the Top 25 Thought Leaders in the profession. In 2016 CPA Practice Advisor inducted Allan into the Accounting Hall of Fame. The two discuss various topics, focusing heavily on the future of the business.
CPA Practice
JULY 31, 2023
The American Institute of CPAs (AICPA) has formed an advisory group representing a broad spectrum of the accounting profession that will help shape a national strategy to address the profession’s talent shortage, including accounting students who go on to obtain a CPA license.
CPA Practice
SEPTEMBER 11, 2023
The Illinois CPA Society (ICPAS) is encouraging aspiring certified public accountants (CPAs) to apply for its 12th annual Mary T. The award-winning, three-day program aimed at increasing diversity in the CPA profession is now accepting applications until Nov. 6, 2023, at www.icpas.org/mtww. 6, 2023, at www.icpas.org/mtww.
MyIRSRelief
MAY 22, 2023
Chicago, Illinois is home to numerous businesses and individuals who may face tax-related challenges such as tax audits, back taxes, and payroll tax problems. The process of resolving tax issues can be overwhelming and stressful for taxpayers, and seeking professional (EA, CPA, Lawyer) tax help can be a wise decision.
CPA Practice
APRIL 5, 2023
The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—is excited to announce its 2022 Excel Award recipients. So, it’s really our privilege to welcome and recognize Illinois’ new CPAs,” says Geoffrey Brown, CAE, ICPAS president and CEO. “By
CPA Practice
SEPTEMBER 5, 2024
Top 20 accounting firm EisnerAmper is expanding its presence in the Chicago area by merging in Elgin, IL-based CPA firm Tighe, Kress & Orr. EisnerAmper’s most recent deal was a merger with fellow top 100 accounting firm Krost CPAs in Los Angeles. Jay Weinstein “TKO really gets it.
CPA Practice
FEBRUARY 3, 2023
The Illinois CPA Society reminds taxpayers that CPAs, certified public accountants, can help. CPAs are strategically positioned to help file your tax returns and determine all your eligible deductions and credits. Find an Illinois CPA at www.icpas.org/findacpa.
CPA Practice
OCTOBER 3, 2023
Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. The CPA Day of Service’s motto, ‘A good day for doing good,’ rang true once again. 23, 2023, with others still planning activities later this fall.
Anders CPA
JULY 8, 2024
David Hartley, CPA, CISA, advisory partner-in-charge at Anders CPAs + Advisors (Anders), has been appointed to the Southern Illinois University (SIU) Foundation Board of Directors effective July 1, 2024. in Accounting from Southern Illinois University – Carbondale. He holds a B.S.
CPA Practice
JANUARY 11, 2024
The Illinois CPA Society offers these tips for speeding up the filing process: Gather all your information first. CPAs, certified public accountants, have your back. CPAs are strategically positioned to help file your tax returns while determining the best ways to maximize your tax credits and deductions.
CPA Practice
MAY 10, 2024
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Illinois CPA Society (ICPAS) , one of the largest CPA societies in the U.S., Wolfe, CPA | Owner, Larry J. Wolfe, Ltd. Experienced Leaders • Anna C.
Going Concern
FEBRUARY 24, 2023
Except in the case of 90s rapper beefs, Tupac and Biggie were equally popular stars whereas in this case the AICPA encompasses the entirety of the profession in the United States versus Minnesota CPAs and the society that serves them. CPAs would need to hold multiple licenses and incur additional expenses.
CPA Practice
JUNE 6, 2023
The Illinois CPA Society (ICPAS) has announced its third class of Strategy Academy graduates. I look forward to seeing the graduates leverage their new skills and mindsets to help their clients to drive greater profitability and long-term business success.”
CPA Practice
JANUARY 11, 2023
The Illinois CPA Society and its charitable partner, the CPA Endowment Fund of Illinois, have announced the latest group of young aspiring professionals to complete its award-winning and highly competitive Mary T. Devin DeVry University of Illinois Aurora, Ill. Tangela Norals University of Illinois Joliet, Ill.
CPA Practice
JANUARY 27, 2023
Rahill, CPA/PFS, JD, LL.M., Retirement savers and employers alike should speak with their certified public accountants (CPAs), who can help them strategically manage their finances and maximize the tax credits and deductions available to them. Find your CPA at www.icpas.org/findacpa. Find your CPA at www.icpas.org/findacpa.
Going Concern
OCTOBER 11, 2023
The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and other stakeholders, has launched a survey to figure out why modern day accounting students and professionals are so uninterested in pursuing the CPA credential. Us olds are sitting this one out.
CPA Practice
FEBRUARY 6, 2024
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Connecticut Society of CPAs (CTCPA) recently announced the 2024 CTCPA Women’s Awards winners, which celebrate Connecticut’s female finance professionals.
CPA Practice
JANUARY 3, 2024
State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. The California Society of CPAs is hosting the Real Estate Virtual Conference on January 30, 2024. The Illinois CPA Society is hosting a Corporate Finance Conference.
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