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Year-End Hiring Strategies for 2024: Navigating the Senior Talent Gap in Accounting

CPA Practice

As we move into 2025, accounting firms face a significant challenge: a growing talent gap caused by many experienced CPAs and professionals retiring. The accounting profession’s yawning talent gap has long been a thorn in the industry’s side.

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Mark Koziel to Be Next CEO of AICPA & CIMA

CPA Practice

He became president and CEO of Allinial Global in 2020 after 14 years with the AICPA and the Association, where he served in a number of roles, including executive vice president, Firm Services. He began working in the profession at a large accounting firm, Lumsden McCormick, based in Buffalo, New York.

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CPA Firms Are No Longer Full of CPAs

Going Concern

Just weeks after the profession got in a tizzy about private equity-owned firms telling staff to remove CPA from their email signatures and, in some cases, LinkedIn profiles , INSIDE Public Accounting has dropped figures on the average number of staff with CPAs at the hundreds of public accounting firms that report their data to IPA.

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Friday Footnotes: CPAs Disappearing From CPA Firms; Grant Thornton Tries to Win Grant Thornton | 7.11.25

Going Concern

Public Accounting Trends Data Reveals The CPA License Is Losing Ground [ INSIDE Public Accounting ] The CPA credential remains a cornerstone of the profession, but new data indicate its prominence is steadily declining. Between 2020 and 2024, the average percentage of staff holding CPA licenses across all firms dropped from 56.0

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Nine KPMGs Got Real Sloppy About Reporting How Much Outsourced Work They Were Using

Going Concern

Each of them violated PCAOB Rule 3211 , Auditor Reporting of Certain Audit Participants, by “failing to accurately disclose on PCAOB Form AP the participation in firm audits of other accounting firms, including, among others, component auditors, shared service centers, and critical audit matter hub.”

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AICPA News – July 2025

CPA Practice

Projected revenue growth for the next 12 months (1%) is at its most anemic level since the third quarter of 2020, when many businesses were curtailed by the coronavirus pandemic. 80-27 regarding group exemption letters as described in Notice 2020-36. Provide guidance on Notice 2020-75 and section 461 accrual basis taxpayers.

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Tax Fraud Blotter: Sick excuses

Accounting Today

Alvarez did not have a PTIN and admitted that in 2019 and 2020 she misrepresented taxpayers eligibility for education credits and deducted fictitious business expenses from their taxable income to reduce tax liabilities and inflate refunds. in employment taxes to the IRS for two employees of his accounting businesses.

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