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How Much Should Public Accounting Starting Salaries Be to Make Public Accounting Starting Salaries Less Awful?

Going Concern

Let’s talk about starting salaries in public accounting. Let’s assume a student has an undergraduate accounting degree, a MAcc degree, and has passed all 4 sections of CPA exam. Accounting. — Dr. Josh McGowan, CPA (@Jmcgowan3838) September 19, 2022. 55K isn’t it. Throw some numbers out.

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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. in 2022, up 1.3%

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This One Chart Shows Just How Boned the Accounting Profession Is

Going Concern

The authors compared accounting degrees to computer science degrees completed in the state of New York between 2010 and 2020 which is how we ended up with this chode. According to NASBA, as of August 2022, there are 665,612 licensed CPAs covering 54 jurisdictions (NASBA 2022). What are we looking at?

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MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.”

Going Concern

When evaluating the decision to pursue legislation, the MNCPA board focused on attracting students to the accounting degree and, ultimately, CPA certification. A meeting with Julie Blaha, the Minnesota state auditor, confirmed this issue in Minnesota.

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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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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

The new publication includes some observations from PCAOB staff about how firms are leaning on such providers and suggests procedures for auditors to follow as they plan and perform audits. Mary (@AccountingAsArt) March 25, 2022. On March 18, 2022, Louis was arrested by IRS Criminal Investigation Special Agents.

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Friday Footnotes: The PCAOB-to-Practice Pipeline and Audit Quality; Ball Extension; Tim Ryan’s Replacement | 1.12.24

Going Concern

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Long Reads How Auditor Deloitte Missed A Nigerian Company’s Massive Fraud [ Forbes ] Hindenburg Research, known for sniffing out corporate scams, took aim in June at an obscure Nigeria-based outfit named Tingo Group. Tingo paid $1.6

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