Remove 2021 Remove accounting degree Remove accounting firms
article thumbnail

Monday Morning Accounting News Brief: BTFO PCAOB; Did the CPA Exam Evolve Without Academia? | 4.28.25

Going Concern

In addition to the survey results, this article reports the additional resources suggested by faculty to fully adapt their courses and teaching methods to the new CPA exam, including how they believe CPA firms can assist. This could be implemented in numerous ways.

CPA 52
article thumbnail

In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

More generally, accounting talent pool concerns are pressing even for accounting firms , as enrollment rates of accounting students continue to fall. The accounting education pipeline is drier than ever even as accounting degrees require many additional course hours. There were about 1.65

Sales 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Number of Accounting Grads Continues to Shrink

CPA Practice

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. Master’s degrees earned at private institutions fell 10.9%

Account 112
article thumbnail

The Accounting Talent Shortage is Not New, You Guys

Going Concern

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.

Account 126
article thumbnail

Beyond tax season: creating revenue stability year-round

ThomsonReuters

But for some tax and accounting firms, the high volume of clients from January to April represents the majority of their business for the year. Why revenue stability is important for small and mid-sized tax and accounting firms. Offer your services to large tax accounting firms as a freelance or contract worker.

Tax 102
article thumbnail

Number of CPA Exam Takers Continues to Dwindle

CPA Practice

Citing the newly released AICPA and CIMA 2022 Integrated Report , the number of people who took the CPA exam in 2022 was about 67,000, down from 72,000 in 2021 and short of the AICPA’s 2022 forecast of 74,000. FT reported that was the lowest amount of CPA exam takers in at least 17 years.

CPA 116
article thumbnail

Texas Close to Allowing CPA Candidates to Test with 120 Credits

CPA Practice

But in an article for Accounting Today that was published earlier this month, Blake Oliver, a CPA who specializes in accounting technology and is the founder of Earmark CPE, estimated that the cost of the 150-hour rule is more than $2 billion. The cost of a MAcc for a single student is reported above. billion per year.

Texas 128