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. The number of students earning U.S.

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Going Concern

DECEMBER 1, 2022

Perusing The CPA Journal as one does when one is tasked with the onerous burden of reporting on happenings in a profession in which so few things happen, I saw this discussion on CPA Evolution by Nina Terranova Dorata, PhD, CPA and Vincent J. Evaluating the CPA Evolution Initiative [ The CPA Journal ].

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CPA Practice

JUNE 12, 2023

Seven aspiring CPAs representing six Indiana universities were selected for this year’s Indiana CPA Educational Foundation Scholarship. This scholarship provides financial assistance to Indiana CPA Society (INCPAS) student members pursuing their accounting degree and entry into the CPA profession.

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Going Concern

JANUARY 7, 2023

Jack Castonguay, PhD, CPA — who btw thinks CPA Evolution might kill accounting as a stand-alone major — tweeted his predictions for the year ahead. The #accounting profession is in for a bumpy road in 2023: 1. CPA Evolution will depress the pipeline further. That’s good news right?

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CPA Practice

JUNE 27, 2024

A new initiative, Controllers for a Cause Scholarship Fund, seeks to support the CPA pipeline with scholarships for students sitting for the CPA Exam. The fund is a program developed by the Controllers Council and administered by the AICPA Foundation , a charitable organization of the American Institute of Certified Public Accountants.

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CPA Practice

JUNE 5, 2023

Shekel is a registered CPA and Accredited in Business Valuation (ABV). in October of 2021. Board officers: Board Chair: Laura O’Brien, CPA, MST, LGA, LLP Chair-Elect: Laura Felice, CPA, CGMA, BJ’s Wholesale Club, Inc. Medallia was publicly traded (NYSE: MDLA) until its purchase by Thoma Bravo for $6.4B

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Indiana Massachusetts Real Estate CPA 93

CPA Practice

JANUARY 18, 2023

In an effort to support a racially and ethnically diverse student population and help strengthen the pipeline of diverse CPA talent, the Fordham University Gabelli School of Business has announced its collaboration with the Deloitte Foundation in the Deloitte Foundation Accounting Scholars Program (DFASP). Arrieux, Jr.,

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Going Concern

JANUARY 6, 2023

2024 CPA Exam Blueprints released [ Journal of Accountancy ]. I’m an immigrant and I moved to the UK in 2021. ” California Program Offers Black Students Path to Accounting [ Bloomberg Tax ]. Challenges And Opportunities For Accounting Departments In 2023 [ Forbes ]. ” Employment.

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Going Concern

MAY 20, 2024

Illinois CPA Society has issued a new pipeline report: Re-Decoding the Decline. The findings provide invaluable insights the CPA profession and its stakeholders cannot ignore while trying to counter the persistent decline in the number of individuals pursuing the CPA credential. Please and thank you.

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ThomsonReuters

JANUARY 28, 2022

If you’re not familiar with bookkeeping services, you can take courses online, and you do not need an accounting degree to perform bookkeeping services. Become a trusted partner to help them strategize about what is possible in the future with our 2021 Insights for Tax Professionals report. Business tax preparation.

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Going Concern

JANUARY 12, 2024

According to a report by Thomson Reuters, the accountancy regulator has fined auditors £33.2m in 2021/22. Jack Fisher, a certified public accountant (CPA) who began selling units in his abusive tax shelters at least as early as 2008, was sentenced to 25 years in prison. Illinois CPA Society Announces Mary T.

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Going Concern

APRIL 20, 2022

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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KROST

APRIL 2, 2021

. – KROST CPAs and Consultants, the Los Angeles-based firm, has announced their co-sponsorship of the American Institute of Certified Public Accountants’ ( AICPA) Private Companies Practice Section (PCPS) George Willie Ethnically Diverse Student Scholarship & Internship Program. Applications are due April 16, 2021.

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RitaKeller

JUNE 16, 2021

I received the following press release from the Illinois CPA Society. They are unveiling the findings from research they have done relating to the decline in CPA candidates. It seems that accounting students don’t see the value in devoting the time and energy to become a CPA. My advice?

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Going Concern

JULY 14, 2022

There’s been a “Great Resignation” in public accounting for as far back as any CPA alive today can remember, that’s just what people do. New accounting graduate numbers continue to trend down which is of greater concern than early-career accountants jumping ship from Big 4 firms at the two year mark.

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Going Concern

NOVEMBER 10, 2022

According to the Bureau of Labor Statistics, the number of Americans working as accountants and auditors has dropped 17% since 2019. It’s actually a bit worse than that, the 2021 AICPA Trends report shows accounting enrollments peaked in 2015-16 and have been on a downward slide since. via 2021 AICPA Trends report.

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Going Concern

FEBRUARY 12, 2024

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. We get calls all the time saying, ‘Hey, my CPA just retired. Do you have room?’

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Going Concern

MARCH 25, 2022

I’m just going to leave this here: Finding ‘untapped’ talent pools of CPAs [ Journal of Accountancy ] Gee I have no idea why it’s getting so hard to find CPAs hmmm…OH maybe because this is the kind of advice being handed out: “Put aside preconceived notions about what experienced CPA job seekers are looking for in their jobs.

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Going Concern

AUGUST 29, 2023

I’m involved in recruiting for one of the largest accounting firms in Connecticut. Each of these objections is based on a misunderstanding of what a public accounting career is really like in 2023. . Way to minimize the reality for countless public accountants. The CPA exam is hard. Also, the CPA exam is hard.

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Going Concern

OCTOBER 11, 2022

note: the following is penned by Bob Jennings CPA, EA for his Taxspeaker.com newsletter. An accounting degree in 2022 ignores the needs of companies providing nearly ½ of American GDP and 2/3 of new job creation. September 12, 2021. The PCAOB fined KPMG $450,000 for cheating on internal continuing education courses.

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Going Concern

JUNE 15, 2023

That was the year I started working in CPA review, Going Concern was founded two years later. Note that ‘XYZ’ was a placeholder, they were apparently in such a rush to create this CPA-killing credential they couldn’t come up with a name. The article is “The Crisis in Accounting Education” by Alexander L.

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Account accounted accountant Education 59