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

Going Concern

I’m an immigrant and I moved to the UK in 2021. ” California Program Offers Black Students Path to Accounting [ Bloomberg Tax ]. Withum Acquires IPA 200 Firm [ INSIDE Public Accounting ]. based IPA 100 firm Withum (FY22 net revenue of $425.3 Expanding its footprint in New England, Princeton, N.J.-based

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The Accounting Talent Shortage is Not New, You Guys

Going Concern

There should be tons of accounting grads drooling for jobs right now and plenty of jobs to go around, no? 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.

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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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This Accountant Shortage Nonsense Reeks of Deja Vu

Going Concern

From the JofA piece: One of the early warning signs that major changes in accounting education were needed came when major CPA firms reengineered themselves as “professional services” rather than “public accountingfirms. OH MY GOD this could have been written in 2022.

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