TaxConnex
FEBRUARY 27, 2024
For respondents, the staffing struggle also meant curtailing business growth (19.23%), more errors in sales tax calculation (17.58%), more frustration from existing staff (21.43%) and, perhaps scariest, a growing lack of confidence in being prepared for an audit (22.53%). million accountants and auditors in the U.S. There were about 1.65
Going Concern
OCTOBER 17, 2023
Master’s degree completions also fell in 2021–2022 (-6.4%) but the percentage decline is significantly less than in 2019–20. 65,035 total accounting degrees completed for 2021-22. Since accounting graduate numbers peaked in 15-16, here’s the difference by year compared to prior year.
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Going Concern
MAY 20, 2024
Today the EY organization has announced new technology capabilities and a global Artificial Intelligence (AI) Assurance framework for EY professionals as part of a multi-year, technology driven audit transformation program which is supported by plans to align approximately 9,000 Technology Risk professionals to the Assurance service line.
Going Concern
NOVEMBER 2, 2022
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. By contrast, 43 percent of graduates hired had bachelor’s degrees, down from 56 percent in 2008. This is a decrease of 2.8%
CPA Practice
MAY 30, 2023
Going Concern sounded the alarm back in 2019 about candidate numbers shrinking. Starting in 2024, the redesigned CPA exam places a greater emphasis on technology and analytical skills, as well as on tax, accounting, and audit. The number of CPA hopefuls who took the exam has decreased each year from 2017 to 2022.
CPA Practice
JUNE 5, 2023
She brings deep experience in leading finance organizations at high-growth SaaS companies through IPO and beyond and serves on both the board of directors and audit committees for public and private companies. Oulman currently serves as a member of the board and the audit committee chair for both CalAmp and Plume Design, Inc.,
Going Concern
OCTOBER 11, 2022
The need for formal financial statements is rare because lenders realize the high cost of audited financials is not beneficial to either party, so usually a tax return or basic prepared or compiled financial statement is provided. auditing requirements in its component audits of U.S. June 17, 2019. June 28, 2022.
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