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State CPA Society News & Updates

CPA Practice

State CPA Society Ne ws is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. Massachusetts: The Massachusetts Society of CPAs (MASSCPAs) wants members to prioritize their health this tax season. Shapiro’s first budget proposal.

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Texas Close to Allowing CPA Candidates to Test with 120 Credits

CPA Practice

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!!

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Number of Accounting Grads Continues to Shrink

CPA Practice

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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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. There were about 1.65 in 2022, up 1.3%

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This One Chart Shows Just How Boned the Accounting Profession Is

Going Concern

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. Fitting really, as it encapsulates how boned the profession is. What are we looking at?

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Guy Who Works at a Firm Actually Named FML on Why Accounting Is a Great Career

Going Concern

When I talk to students about their biggest concerns in pursuing an accounting degree and a career in public accounting, they typically point to four misconceptions: lack of work-life balance, the difficulty of the CPA exam, lower pay compared to other financial career paths, and lack of excitement in the work.

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

Going Concern

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 ]. Withum Acquires IPA 200 Firm [ INSIDE Public Accounting ]. ” Employment. Other Stuff. “I