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Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

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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AICPA News – June 2023

CPA Practice

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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As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

Canadian Accountant explains it better than anyone here could : The move comes exactly 10 years after the former Institute of Chartered Accountants of Ontario announced the creation of Chartered Professional Accountants of Ontario. The terms of the accord are up for discussion every five years.

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