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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. percent to 48.4 percent of staff holding licenses in 2024.

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AICPA News – July 2025

CPA Practice

Mary Girsch-Bock AICPA News is a collection of recent news briefs from the American Institute of CPAs and the Chartered Institute of Management Accountants. The survey polls chief executive officers, chief financial officers, controllers, and other CPAs in U.S. companies who hold executive and senior management accounting roles.

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Detroit CPA Sentenced for Federal Loan Fraud in Pennsylvania

CPA Practice

Ramirez The Detroit News (TNS) A certified public accountant from Detroit convicted of stealing $14.5 million in Paycheck Protection Program loans between 2020 and 2021. Investigators said Parker, a licensed certified public accountant, recruited hundreds of small businesses in Pittsburgh and Detroit for the alleged scheme.

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Friday Footnotes: The Profession’s Ethics Dilemma; Co-Pilot Called Out in Court For Calculations; Audit Uncovers File Called ‘Twilight Zone’ | 10.18.24

Going Concern

BDO was supposed to report an unusual transaction to the national Financial Intelligence Unit in 2020. Jarkesy ruling threatens the agency’s ability to protect the investing public and to police auditors and public accounting firms that violate their duty of care. million euros, FD reported on Wednesday.

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Friday Footnotes: PCAOB Demands More Tedious Paperwork From Firms; PwC Partners Retire Early; KPMG Redeems Itself? | 11.22.24

Going Concern

The most recent financial statements were audited by CliftonLarsonAllen, the same accounting firm which released a forensic analysis of CapRadio’s finances in August. Talent Accountants ramp up offshoring to bring down costs [ Financial Review ] We’re doomed.

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New GASB Members Named

CPA Practice

Ray was appointed to her first term on the GASB in 2020. During her tenure she was recognized for her innovative leadership style and was named one of three “Women to Watch” in the Experienced Leadership category by the Colorado Society of Certified CPAs. Prior to becoming a state auditor, Ms.