Going Concern

MAY 30, 2023

FT dropped this over the weekend : Candidate numbers for US accountancy exams drop to lowest in 17 years New figures from the American Institute of Certified Public Accountants showed the shortage of CPA candidates that has plagued the profession in recent years worsened in 2022, dashing hopes for a quick rebound from the pandemic.

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Going Concern

SEPTEMBER 12, 2023

We should have written about this months ago but didn’t get around to it, there’s some new news so let’s get to the backstory and what’s happening next with the various CPA bodies of Canada. TL;DR: CPA Ontario and CPA Quebec want to break up with CPA Canada. Y’all are familiar with those.

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Going Concern

JULY 22, 2022

EY’s UK arm drafts in Rothschild as $80bn break-up looms [ Sky News ] The British arm of EY, the accountancy firm, has drafted in one of the City’s top investment banks to advise on an impending $80bn break-up that will shake up the global accountancy profession. USF sues former accountant who embezzled $12.8

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Going Concern

JUNE 17, 2022

World-wide, startups making AI-powered accounting software amassed $233.3 million in funding for all of 2021, according to research provider PitchBook Data Inc. While accounting technology is moving fast, some firms are still moving slow: #TaxTwitter I just got a customer service request from a CPA firm via SNAIL MAIL.

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CPA Practice

JUNE 1, 2023

Coalition Calls Attention to New Beneficial Ownership Information Reporting Requirements The American Institute of CPAs (AICPA) recently joined a coalition of organizations that have come together to make taxpayers and practitioners aware of the new Beneficial Ownership Information (BOI) reporting requirement.

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Going Concern

JANUARY 5, 2024

She mentioned enjoying accounting classes when she first attended the school and thought maybe that could be a good direction. CPA Tom Janney Announces Retirement [ WJLE ] Local stories like these are so cute. He obtained his CPA certification in 1987 and then returned to Smithville to work with Ed Fuqua at his local CPA firm.

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