Going Concern

OCTOBER 13, 2023

Big 4 alum and professor of accounting and finance at the College of Saint Benedict and Saint John’s University in Minnesota Boz Bostrom has penned a piece for the MNCPA blog on why, in his opinion and supported by research, the 150 hour rule must change. This has been my challenge with Minnesota. The result is 26.4

cpas 116

cpas Minnesota CPA Education 116

Going Concern

MARCH 10, 2023

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.” For example, Section 5.2

cpas 105

cpas Illinois Minnesota CPA 105

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.

cpas 119

cpas CPA Education accounting and finance 119

Going Concern

MARCH 22, 2024

” Complying with the Corporate Transparency Act [ CPA Journal ] By now, CPAs should be aware of the Corporate Transparency Act (CTA), passed in 2021 and effective January 1, 2024. But until a deferral is confirmed, CPAs must consider which role they will serve for clients required to file when the CTA becomes effective.

Minnesota 113

Minnesota cpas audit CPA 113

Going Concern

APRIL 5, 2023

In a LinkedIn post published March 3 , CLA CEO Jen Leary — who graduated wayyyy back when only 120 units were required — threw her support behind Minnesota Society of CPAs’ initiative to add a second pathway that would allow CPA licensure at 120 units and two years of experience. Which, duh.

CPA 105

CPA Minnesota accounting firms cpas 105

CPA Practice

MAY 25, 2023

The Minnesota Society of CPAs (MNCPA) introduced legislation this session at the Minnesota Legislature to broaden the pathways to CPA licensure, leading to many conversations with multiple stakeholders. The problem is there are not enough people earning CPA licenses. Objection No. Objection No. Objection No.

CPA 52

CPA Minnesota cpas accounted 52

CPA Practice

FEBRUARY 7, 2023

The Virginia Society of CPAs recently announced that the Essential Ethics courses are live and open for registration., The Virginia Society of CPAs recently announced that the Essential Ethics courses are live and open for registration., The Minnesota CPA and the MNCPA CPAPAC are offering CPA Day at the Capitol.

CPA 116

CPA Indiana Pennsylvania cpas 116

Going Concern

MAY 22, 2024

There’s a long, tedious process that often ends in the state capitol with a bunch of non-CPA lawmakers ultimately deciding whether or not to bequeath an education break on the state’s future professionals. They put it in bold blue text, no less. This is our attempt to bring everybody together.”

Education 122

Education Minnesota CPA cpas 122

Going Concern

SEPTEMBER 6, 2023

Rather, how dueling factions within the profession are fighting for and against keeping it as the only option to CPA licensure. Here’s Bob Cedergren, chair of the Minnesota Society of CPAs: “The Deloittes and PwCs of the world have the masses, they have offices everywhere and the ability to draw on overseas talent,” he said. “We

Minnesota 119

Minnesota South Carolina auditor Education 119

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina 147

North Carolina Oklahoma Ohio Texas 147

Going Concern

MARCH 11, 2024

Minnesota’s proposal to add a second pathway to CPA licensure that doesn’t require 150 hours of education is moving forward in the MN Senate. The work continues to grow but the supply of CPAs to do the work isn’t keeping up. … EY laid off 150 people three days before Christmas last year. We need to move forward.

audit 64

audit Minnesota accounted Account 64

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina 130

North Carolina Oklahoma Ohio Texas 130

CPA Practice

JANUARY 8, 2024

In addition to the IRS webinars, other training opportunities will be available during Tax Professional Awareness Week at courses, seminars or expos presented by members of the tax professional community including the Texas Society of CPAs, the University of Minnesota and the University of Michigan.

Tax 111

Tax tax return Minnesota income tax 111

CPA Practice

DECEMBER 14, 2023

The American Institute of CPAs has released information for accounting professionals on the potential impact to their out-of-state engagements if pending state bills altering licensure requirements are enacted. For more information, please visit the AICPA’s resource page on protecting CPA mobility.

South Carolina 59

South Carolina cpas Minnesota CPA 59

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 cost is $400 for Society members is $400 with a nonmember cost of $490.

CPA 64

CPA Kansas Ohio Real Estate 64

Going Concern

NOVEMBER 10, 2023

The one that contains this quote: From the CAQ report “Increasing Diversity in the Accounting Profession Pipeline: Challenges and Opportunities” The EY survey report continues: CPAs bring desirable skills to C-level executive roles. Additionally, of the 652 CFOs surveyed in that study, close to 45% were CPAs.

CPA 104

CPA cpas Education Minnesota 104

MyIRSRelief

JULY 3, 2023

Certified Public Accountants (CPAs): CPAs are licensed accountants with expertise in tax matters. Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

audit 130

audit North Carolina Oklahoma Ohio 130

CPA Practice

SEPTEMBER 20, 2024

IRIS works with thousands of CPA firms in North America, including 52 of the top 100 CPA firms in the US, and provides innovative solutions to serve accountancy customers in the North American market, making IRIS the go-to partner for CPAs. Sign in or subscribe to get access to this free resource, and all of our whitepapers.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

DECEMBER 28, 2023

AICPA News is a round-up of recent announcements from the American Institute of CPAs. AICPA Releases Guidance for CPAs to Comply with State Laws If a State Changes its Licensure Requirements The American Institute of CPAs (AICPA) recently released information for U.S. The program, now in its 15th year, was held in Durham, N.C.,

cpas 59

cpas accounting and finance CPA South Carolina 59

CPA Practice

JUNE 1, 2023

AICPA News is a round-up of recent announcements from the American Institute of CPAs. AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award The American Institute of CPAs (AICPA®) recently announced the 50 winners of the 2022 Elijah Watt Sells Award.

institute of chartered accountants 111

institute of chartered accountants chartered accountant North Dakota Texas 111

Going Concern

FEBRUARY 20, 2023

All-around awesome person Byron Patrick tweeted a bit of a manifesto on the 150 hour rule today and I want to share it as a movement to lower the CPA licensure requirement of 150 units to ease the CPA shortage is currently underway. However, holding yourself out as a CPA in other states will be an issue.

CPA 72

CPA cpas Minnesota Education 72

CPA Practice

JULY 19, 2024

IRIS works with thousands of CPA firms in North America, including 52 of the top 100 CPA fi rms in the US, and provides innovative solutions to serve accountancy customers in the North American market, making IRIS the go-to partner for CPAs. Sign in or subscribe to get access to this free resource, and all of our whitepapers.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

Going Concern

APRIL 25, 2023

“A proposal like this could allow for the reinstatement of credit for more than 15,000 CPA candidates and re-open the door for those candidates to complete their journeys to becoming licensed CPAs.

CPA 105

CPA Minnesota cpas public accounting 105

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 128

CPA institute of chartered accountants North Dakota chartered accountant 128

RitaKeller

NOVEMBER 20, 2020

I enjoyed my time with PWB CPAs & Advisors in Minnesota this week. Of course, I wasn’t there in person but speaking to their entire team (via Teams) about CPA firm communication was still a joy for me. .” – Steve Jobs. It’s time for some Friday ramblings.

Minnesota 40

Minnesota cpa firm cpas CPA 40

Going Concern

MAY 31, 2023

Drysdale, CPA Tax – Private Client Services (Dallas, Texas) Heather M. Dwyer, CPA Tax – Private Wealth (Philadelphia, Pennsylvania) Victor Geagla, CPA Assurance – Commercial (Washington, D.C.) Groppoli, CPA Assurance (Minneapolis, Minnesota) Sheanne M. Congratulations to all, you made it!

Wisconsin 52

Wisconsin Real Estate Pennsylvania Illinois 52

CPA Practice

JANUARY 2, 2024

AICPA News is a recap of recent announcements from the American Institute of CPAs. AICPA Releases Guidance for CPAs to Comply with State Laws If a State Changes its Licensure Requirements The AICPA recently released information for U.S. For more information, please visit the AICPA’s resource page on protecting CPA mobility.

cpas 40

cpas accounting and finance CPA South Carolina 40

Going Concern

JUNE 2, 2023

ChatGPT Offers CPAs ‘Superpowers’ Deloitte’s Ucuzoglu Says [ Bloomberg Tax ] “The use cases are breathtaking: They will fundamentally alter the profession,” said Deloitte Global CEO Joe Ucuzoglu, addressing a University of Southern California financial reporting conference on Thursday. . has merged with the firm.

cpas 105

cpas audit auditor E-commerce 105

Going Concern

SEPTEMBER 27, 2024

Downtown-based Barnes Dennig has finalized a transaction to merge an Indianapolis CPA firm into its operations. The deal that will combine Barnes Dennig with Greenwalt CPAs is due to be completed Jan. This is a very big deal for us,” Jay Rammes, Barnes Dennig managing director, told me.

audit 105

audit auditor accounting and finance accounting firms 105

Going Concern

JULY 24, 2023

Only a quarter of those students who considered accounting said they don’t want to take the CPA exam but half said they don’t want to pursue 150 hours which suggests that allowing for a second pathway requiring just 120 hours of education like the proposal in Minnesota might successfully bolster dwindling CPA candidate numbers.

accounted 98

accounted Account accountant CPA 98

Going Concern

AUGUST 7, 2023

This firm in Minnesota no one’s ever heard of put out the cutest press release: DHA CPAs is happy to announce new talented professionals joining their team for accounting and financial services. billion over the past decade. One whistleblower said KPMG had “significant influence” over senior Defence staff.

accounted 52

accounted Account accountant audit 52

CPA Practice

MARCH 22, 2023

There has been much debate in certain corners of the accounting profession lately about whether the 150-hour rule for CPA licensure has contributed to the pipeline of accountants drying up in recent years —that and the subpar starting pay in public accounting and the long hours required to work, especially during busy season.

Texas 128

Texas CPA cpas Education 128

Going Concern

APRIL 25, 2023

Going Concern previously reported the AICPA and NASBA are trying to strong-arm Minnesota into maintaining the 150-hour rule. Would NASBA truly exercise its power to take away mobility of CPAs licensed in states that drop the 150-hour rule? Erasing the barriers: Interstate mobility for CPAs draws near. I’m not kidding.

chartered accountant 98

chartered accountant cpas CPA institute of chartered accountants 98

Going Concern

NOVEMBER 27, 2023

Both the Minnesota Society of CPAs and the South Carolina Association of CPAs are proposing legislation that will allow a CPA licensure candidate to substitute workplace training for required college credit.

Florida 115

Florida CPA South Carolina Education 115

Anders CPA

DECEMBER 1, 2023

Guillermo (00:02:04) – And like most CPAs, I think I had the opportunity to go into industry or public accounting when I graduated college and I decided to go into industry and got my CPA. Guillermo (00:01:57) – Thanks, Tom. Yeah, yeah, Just a little bit about myself. Well, it’s not going to happen tomorrow.

Start-ups 52

Start-ups Legal Non-Profits CPA 52

CPA Practice

MARCH 13, 2024

A Minnesota legislative committee advanced a bill in the state Senate on March 7 that would add an alternative pathway to CPA licensure while also maintaining the 150 credit-hour option. A companion bill in the Minnesota House of Representatives, House File 1749 , has yet to receive a hearing date.

Minnesota 52

Minnesota CPA cpas accounting and finance 52

Going Concern

MARCH 15, 2024

Bill to let state agencies bypass State Auditor and hire private CPAs tabled [ RadioIowa ] A bill that would have let state agency budgets be audited by private CPA firms rather than the State Auditor’s Office has stalled in the Iowa House. This legislation is supported by State Auditor Julie Blaha and the Minnesota Society of CPAs. “In

auditor 116

auditor cpas audit Iowa 116