Going Concern

NOVEMBER 2, 2022

From Is There Really a Shortage of Entry Level Accountants? 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. This is a decrease of 2.8% This is a decrease of 2.8%

Account 115

Account accountant accounted accounting degree 115

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?

CPA 96

CPA audit accounting degree Account 96

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

Indiana 93

Indiana Massachusetts Real Estate CPA 93

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.

Account 100

Account accountant accounted public accounting 100

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.

Account 52

Account accountant accounted CPA 52

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.,

Account 119

Account accountant accounted Education 119

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.

cpas 52

cpas accounting degree accounting careers public accounting 52

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?

Illinois 45

Illinois cpas CPA accounting degree 45

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.

Account 57

Account accountant accounted Education 57

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.

public accounting 57

public accounting CPA accounting degree cpas 57

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?’

auditor 70

auditor Account accountant accounted 70

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.

Tax 102

Tax tax preparation bookkeeping bookkeeping services 102

CPA Practice

MAY 30, 2023

The number of CPA candidates who took the Uniform CPA Examination in 2022 was about 7% lower than the previous year, the Financial Times reported on May 28. FT reported that was the lowest amount of CPA exam takers in at least 17 years. The number of CPA exam modules being sat by U.S.

CPA 116

CPA cpas accounting degree audit 116

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.

tax return 52

tax return audit auditor cpas 52

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.

audit 96

audit auditor Illinois CPA 96

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.

Education 85

Education Account accountant accounted 85

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.

Iowa 52

Iowa auditor Account accountant 52

CPA Practice

MARCH 22, 2023

The Texas Senate unanimously passed a bill on Tuesday that would lower the eligibility requirement for CPA candidates to sit for the CPA exam from 150 semester credit hours to 120. Gov Patrick for passing one of TXCPAs priority legislation items of this session, which will help fuel the CPA pipeline. On to the House!!

Texas 128

Texas CPA cpas Education 128