Going Concern
OCTOBER 17, 2023
Says the AICPA, bachelor’s degree completions in accounting dropped 7.8% from 2021–2022 after steady decline of 1-3% per year since 2015–16. Master’s degree completions also fell in 2021–2022 (-6.4%) but the percentage decline is significantly less than in 2019–20. JK They Suck appeared first on Going Concern.
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
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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.
CPA Practice
OCTOBER 12, 2023
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%
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%
Going Concern
JANUARY 7, 2023
Audit failures will become more frequent & high profile ( #FTX now, what next year?). Regulators will increase pressure to improve audit quality, as they should. CPA Evolution will depress the pipeline further. Jack Castonguay, PhD, CPA (@profjackc) January 4, 2023. More pressure = more hours = more turnover = more pressure….
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. in October of 2021. Medallia was publicly traded (NYSE: MDLA) until its purchase by Thoma Bravo for $6.4B
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