Going Concern

AUGUST 11, 2022

Whatever you call it, we love when firms are pitted against one another based on impartial metrics like revenue. INSIDE Public Accounting has blessed us with a fresh Top 500 Firms list which means lots and lots of measuring. That’s a whole extra 100 firms this year from the Top 400 they usually do.

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LyfeAccounting

OCTOBER 12, 2020

So now more than ever, business owners who want to control their expenses, improve their financial health and make smarter financial decisions are turning to CPAs for help. And a large portion of those businesses are opting for Virtual CPAs over local or even in-house CPAs. Why do you even need a CPA? What is a CPA?

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AdviceForTaxpreparers

JULY 29, 2019

So, you’ve seen introverted accountants who stare at their own shoes all the time, right? What is an extroverted accountant? Do you know why it’s so difficult for restaurants to find CPAs? Because there’s no accounting for taste. Famous (and sometimes funny) Public Accounting Quotes.

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Going Concern

MARCH 15, 2024

In 2020, he left the high-flying world of finance behind to become a high school math teacher, taking a considerable pay cut in the process. State Auditor Rob Sand, the only Democrat elected to statewide office, has said the bill would have let state government “insiders” pick “lapdog CPAs” who’d cover up corruption.

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CPA Practice

JUNE 8, 2023

CPAs and Chartered Global Management Accountants “are well positioned because of their expertise, integrity, attunement to broad business issues and commitment to lifelong learning.” Trust is our brand and quality supports that trust, no matter what service we perform,” said Susan Coffey, AICPA & CIMA’s CEO of public accounting.

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Going Concern

MARCH 1, 2024

Accountant Shortage There are 340,000 Fewer Accountants, and Companies Are Paying the Price [ Bloomberg ] Aspiring accountants essentially need five years of college to earn a Certified Public Accountant license. Melancon urges accountants not to ignore tools such as ChatGPT. We cannot afford to lose in one.”

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Going Concern

MAY 3, 2024

Practice The PCPS CPA Firm Top Issues Survey is open! AICPA via Twitter ] Link to the survey on Qualtrics The past few years have brought unprecedented change to accounting firms. We are working on these five fronts so as to empower Indian firms to become global,” said ICAI President Ranjeet Kumar Agarwal.

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Going Concern

MARCH 4, 2024

According to prosecutors, the defendant [Jenev Boyd, 60, of Corona] was director of accounting for Corona-based Encore Property Management, which serves homeowners’ associations in the Corona area and elsewhere. worth of accounting errors and misjudgments, including £14m of overstated profits. In 1921, John W. Crowell, Jr. Crowell, Jr.

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Going Concern

APRIL 8, 2022

CPA firms show progress in diversity amid pipeline challenges [ Journal of Accountancy ] The AICPA finally got around to releasing their 2021 Trends report, which we’ll dissect shortly. in 2020) in the portion of new accounting graduate hires at CPA firms who are ethnically diverse.

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Going Concern

APRIL 20, 2022

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

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Going Concern

NOVEMBER 2, 2022

There should be tons of accounting grads drooling for jobs right now and plenty of jobs to go around, no? A record 68,639 students graduated with accounting degrees in 2010. Nearly 4 in 10 accounting graduates hired last year by CPA firms had master’s degrees, compared with 26 percent in 2008.

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Going Concern

JUNE 15, 2023

It looks like he’s still teaching and as recently as 2020 he wrote about the supply of accounting graduates in The CPA Journal. Unlike the academic community, CPA firms were quick to realize that new business realities demanded a broader set of competencies. Which is to say, we done been knew.

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Going Concern

NOVEMBER 11, 2022

There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ]. and 2.3%, respectively, in 2021, according to the Financial Education & Research Foundation’s Public Company Audit Fee Study. Accounting Firm M&A.

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ThomsonReuters

AUGUST 3, 2021

But why are APIs so important to CPAs and how does an accountant learn about APIs if they don’t have a technical background? . About Joe Abesamis, CPA: Joe Abesamis is a redemptive CPA who exists to fix what is wrong in the public accounting profession. Don’t stop dreaming.

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Going Concern

AUGUST 28, 2023

The Australian Securities and Investments Commission is suing Terracom and its key company figures, such as former chairman Wal King, saying public statements were misleading. My return, by the way, was sent electronically on April 3, the same day my cpa firm sent my federal income tax return in electronically. Dead silence.

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Going Concern

MARCH 17, 2023

Restoring Exam credits expired during COVID would help address CPA shortage [ AICPA ] The accounting profession is confronted with a talent shortage, and reinstating CPA exam credits that have expired since January 1, 2020, could have an immediate impact on our CPA pipeline.

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