CPA Practice

JUNE 27, 2024

[ State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S.] The Rhode Island Society of Certified Public Accountants (RISCPA) is a leading advocate for economic development in the state.

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Rhode Island cpas CPA Education 111

CPA Practice

MAY 30, 2023

Certified Public Accountants from across the nation made their way to Capitol Hill last week to meet with lawmakers on issues important to the accounting profession during the American Institute of CPAs (AICPA) Spring Meeting of Council and Annual Members Meeting from May 23-25. government’s financial statements.

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cpas Washington Tax Account 115

Going Concern

OCTOBER 13, 2023

As you know, there is a battle brewing in his state over adding a second pathway to CPA licensure that would allow Minnesota candidates to be licensed with 120 units and additional work experience, a move the AICPA has publicly (and privately, we hear) spoken out against. In summation: Education is valuable. The result is 26.4

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cpas Minnesota Education CPA 116

CPA Practice

JUNE 15, 2023

Weirich, PhD, CPA, as the recipient of the 2023 Distinguished Achievement in Accounting Award for his outstanding teaching, research and service throughout his 50-year career. State CPA societies and individuals submit award nominations, with self-nominations not accepted.

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Education Account accountant accounted 98

CPA Practice

MAY 25, 2023

Sandra Richtermeyer, CPA, PhD, CMA, University of Massachusetts Lowell Immediate Past-Chair: Karen McElroy, CPA, Deloitte LLP President and CEO: Amy Pitter, MassCPAs Directors: Mark Audi, CPA, Baker Newman Noyes (BNN) Charlotte Cathro, CPA, TAC CPAs LLC Marquis Cooper, Boston Scientific Matthew Dyment, J.D.,

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Massachusetts cpas cma CPA 98

Going Concern

AUGUST 30, 2023

Another state has pushed to allow prospective CPAs to sit for the exam with just a bachelor’s degree worth of units and that’s good ol’ Texas. Effective September 1, future CPAs can sit for the exam with 120 units of education. First day to accept AOIs under the new education requirements.

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Texas CPA cpas Education 130

CPA Practice

SEPTEMBER 13, 2024

The Tennessee Society of CPAs (TSCPA) is pleased to award $280,000 in scholarships through the TSCPA Educational & Memorial Foundation to 128 Tennessee accounting students. Together, Life Associates have helped approximately 4,000 students over the last 25 years pursue a degree in accounting and sit for the CPA Exam.

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CPA Pennsylvania Tennessee cpas 113

Going Concern

MARCH 10, 2023

Gilbert Professor and Director of the School of Accountancy, University of Denver Going Concern previously reported on bits of an interview with Ken Bishop , President and CEO of NASBA, published in Journal of Accountancy. Changing the Illinois Public Accountancy Act will not be easy. For example, Section 5.2

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cpas Illinois Minnesota CPA 105

Going Concern

APRIL 21, 2022

. “In my view, the future of the CPA profession is at risk,” writes Yigal Rechtman, CPA, CFE, CITP, CISM in a letter to the editor published by The CPA Journal. For example, every startup would benefit immensely from having a CPA among its founders.

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cpas CPA Virginia Education 98

Going Concern

MAY 22, 2024

The leaders of the US accounting profession have signaled they could cut the education requirements for becoming an accountant, amid growing alarm about a shortage of new recruits. Proponents of reducing education requirements have been nothing if not vocal about their opposition to the AICPA’s official position.

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Education Minnesota CPA cpas 122

CPA Practice

APRIL 12, 2023

By Blake Oliver, CPA, and Chris Vanover, CPA. CPAs have always been passionate about numbers, using various metrics such as revenue, profit, headcount and realization to measure success. However, this focus on numerical indicators is contributing to the decline of the CPA profession itself.

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Account accountant accounted Education 136

CPA Practice

JULY 16, 2024

The American Institute of CPAs and the National Association of State Boards of Accountancy have expanded international testing availability of the U.S. CPA Exam to the Republic of the Philippines. Passing the Uniform CPA Examination is a prerequisite to becoming a licensed Certified Public Accountant (CPA) in the United States.

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CPA cpas Education public accounting 122

CPA Practice

NOVEMBER 6, 2023

The AICPA Leadership Academy was designed to strengthen and expand the leadership skills of promising young professionals while they network with a peer group of talented and motivated CPAs. It features career-development workshops and sessions with some of the accounting profession’s most prominent influencers.

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CPA cpas Idaho Michigan 113

CPA Practice

OCTOBER 21, 2024

This award will be granted to two students per year: with one research project to support the practice of public accountancy and one supporting the field of management accounting. Melancon Research Fellowship including eligibility, application requirements and deadlines can be found at ThisWaytoCPA.com/education.

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Education accounting and finance cpas management accounting 119

CPA Practice

APRIL 27, 2023

One of the oldest and largest societies in the United States, the Texas Society of Certified Public Accountants or TXCPA currently has 28,000 members. Founded in 1915, the Texas Society of Certified Public Accountants (TXCPA) provides a wide array of professional resources for CPAs.

Texas 64

Texas cpas CPA Education 64

CPA Practice

OCTOBER 17, 2024

The alarm bells in accounting have been ringing for years: fewer people want to join – or stay – in the profession. The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8% Pay a more attractive entry-level accounting salary.

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Technology Account accountant accounted 124

Going Concern

FEBRUARY 17, 2023

If I was a society CEO and I had some members who were having trouble hiring CPAs knocking on my door, I would be trying to react. It is one part of a multi-layered campaign to promote the accounting profession and make it an attractive career choice to students. [Ed. note: We agree. 03, subdivisions 3a, 6.

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Minnesota CPA Education cpas 119

CPA Practice

JUNE 5, 2023

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 Massachusetts Society of CPAs ( MassCPAs ) recently launched a scholarship to honor the legacy of current Society President and CEO Amy A.

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CPA Delaware Oklahoma Massachusetts 111

MyIRSRelief

FEBRUARY 1, 2023

There are several types of tax professionals who can provide tax representation, including attorneys, Certified Public Accountants (CPAs), and enrolled agents. Professionalism: EAs are held to high ethical standards and are required to complete continuing education in order to maintain their license.

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Tax tax return cpas audit 147

CPA Practice

OCTOBER 16, 2024

The New Jersey Society of Certified Public Accountants ‘ has announced that 40 individuals are the recipients of its 2024 Ovation Awards in seven categories: Lifetime Leader; Diversity, Equity & Inclusion; Exceptional Educators; Emerging Leaders; Impact; Innovation; and Women to Watch. Thomas, J.D.,

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New Jersey CPA cpas cma 114

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.

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Minnesota Illinois cpas CPA 98

CPA Practice

MAY 26, 2023

The governing body of the American Institute of CPAs has endorsed the creation of a national strategy to boost the number of accounting graduates who enter the profession, as well as those who go on to obtain a CPA license. We need a sustained, collaborative approach to broaden the pool of prospective CPA candidates.

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Account accountant accounted cpas 109

CPA Practice

SEPTEMBER 12, 2024

Because CPA candidates must complete 150 semester credit hours of education—30 credits beyond the typical 120 credit hours earned in a four-year undergraduate degree— many CPAs end up spending five years in college instead of four. We want to be clear that we very much value education.

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CPA cpas Education public accounting 116

Going Concern

MAY 9, 2023

This is from CNN Philippines in March : The country is facing a shortage of accountants as college enrollment for this field of study dropped while those licensed chose to work abroad, a group of certified public accountants said on Friday. Non-CPAs of course starts a bit lower, Php 12,000 to Php 15,000. The salary.

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cpas Account accountant accounted 122

CPA Practice

FEBRUARY 23, 2024

Accounting firms and departments face continuous pressure to attract and retain talent due to a persistent shortage of qualified professionals to do the work.

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Technology cpas CPA public accounting 75

CPA Practice

SEPTEMBER 27, 2023

The American Institute of CPAs (AICPA) is supporting new bipartisan, bicameral legislation establishing the accounting profession as a STEM career pathway and supporting long-standing efforts to diversify the future accounting workforce. 1705, the STEM Education in Accounting Act.

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Account accountant accounted cpas 104

Going Concern

FEBRUARY 6, 2024

We have fresh research that shows the 150 hour CPA licensure rule decreases the number of Black and Hispanic entrants to the profession. Tuition in professional fields like accounting is expensive, and forgoing a year of income to complete a fifth year of college entails a sacrifice,” Sutherland said. . In this case, a 26% drop.

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cpas CPA accounting and finance audit 119

CPA Practice

MAY 24, 2023

The governing body of the American Institute of CPAs has endorsed the creation of a national strategy to boost the number of accounting graduates who enter the profession, as well as those who go on to obtain a CPA license. We need a sustained, collaborative approach to broaden the pool of prospective CPA candidates.

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Account accountant accounted cpas 105

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.

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CPA cpas Montana Alabama 98

Going Concern

JANUARY 19, 2024

Traipsing haphazardly across the internet as one does, I came across this ancient scroll dated 1988 and entitled “Education requirements for entry into the accounting profession: a statement of the AICPA policies.” For those who meet this standard, no qualifying experience should be required to sit for the CPA examination.

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Education cpas CPA public accounting 90

CPA Practice

JUNE 15, 2023

The Florida Institute of Certified Public Accountants (FICPA) is one of the oldest and largest CPA societies in the U.S. Founded in 1905, the Florida Institute of Certified Public Accountants (FICPA) is the premier association serving CPAs, accountants and financial professionals in the state of Florida.

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Florida cpas CPA public accounting 59

CPA Practice

NOVEMBER 2, 2023

The Texas Society of CPAs is collaborating with the American Institute of CPAs and other state CPA societies throughout the U.S. for a unique career awareness event aimed at inspiring and educating students about career opportunities in accounting.

Texas 59

Texas cpas accounting careers Account 59

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.

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Illinois CPA Indiana audit 116

CPA Practice

NOVEMBER 29, 2023

Founded in 1897, the Pennsylvania Institute of Certified Public Accountants (PICPA) is the second-oldest CPA organization in the U.S. PICPA actively supports both current and future CPAs, providing educational opportunities, networking, and volunteer opportunities. Cryder, the current CEO of PICPA.

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Pennsylvania cpas CPA Education 59

CPA Practice

AUGUST 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. CPA of the Year Award The CPA of the Year Award recognizes a CPA who has made outstanding contributions toward advancing the accounting profession.

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CPA Tennessee South Carolina cpas 111

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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Illinois CPA Non-Profits cpas 125

CPA Practice

SEPTEMBER 23, 2024

The city is a hotbed of professional services, including lawyers, consultants and the now-endangered species of certified public accountants. CPAs are essential for financial reporting, advanced tax preparation and other dull-but-important tasks that keep the economy going.

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cpas CPA auditor accounting principles 59