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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. Are they experienced with auditors?

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This One Chart Shows Just How Boned the Accounting Profession Is

Going Concern

The authors compared accounting degrees to computer science degrees completed in the state of New York between 2010 and 2020 which is how we ended up with this chode. The clear conclusion is that there has been a declining trend in the number of accounting degrees awarded in New York over recent years.

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EY Reports a Rise in Naughty Behavior Now That People Have Returned to the Office

Going Concern

The report makes clear that complaints are up compared to 2021 [ 2021 report ] because people are back in the office together doing complaint-worthy things which they weren’t doing as much of during fiscal 21: We have seen an increase in misconduct and disciplinary complaints in FY22. We’ll take their word on that.

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Monday Morning Accounting News Brief: EY’s Paying Big For the Everest Failure; PwC UK Delays Promotions | 2.12.24

Going Concern

Someone you know spoke to NPR’s Marketplace for this story: Some accountants are turning away new customers this tax season Tax filing season is here and if you’ve been putting off finding a CPA, good luck. How did one American firm gain 20 net new auditor engagements? We get calls all the time saying, ‘Hey, my CPA just retired.

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State of the Accounting Profession 2022 Via the AICPA Trends Report

Going Concern

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

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Friday Footnotes: The Metaverse’s First CPA Firm Gets Sued; CPA Exam Blueprints; Mad Mergers | 1.6.23

Going Concern

Bureau of Labor Statistics reported Friday, but employment in accounting and bookkeeping services fell by 1,100 jobs. Money Diary: A Senior External Auditor On 54k [ Refinery29 ]. “I’m 27 years old and currently working as a senior external auditor at an accounting firm in London.

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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

The new publication includes some observations from PCAOB staff about how firms are leaning on such providers and suggests procedures for auditors to follow as they plan and perform audits. Deloitte revenue from federal government contracts for calendar year 2021 as reported to AusTender amounted to $265.3 PCAOB Spotlight PDF here.