Going Concern

NOVEMBER 10, 2023

Almost 8 in 10 accounting and STEM students surveyed believe an accounting career will deliver long-term value and 34 percent of the students see a career in accounting as a steppingstone to other leadership opportunities. That’s all great.

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Accounting Insight

FEBRUARY 20, 2023

Several factors contribute to the shortage, like mid-career CPAs changing professions, or early retirements spurred by the pandemic. But why has the accounting profession become so unattractive? We’ve gathered three reasons for the shortage of accountants, as well as solutions for CPA firms to consider.

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Going Concern

MAY 12, 2023

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

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CPA Practice

JUNE 6, 2023

[These are quotes from several attendees of the 2023 Accounting Think Tank.] Participants of the 2023 Accounting Think Tank were purposed with engaging with their colleagues and openly discuss issues that may have significant benefit, detriment or other effects on professionals. Gallery :

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CPA Practice

DECEMBER 20, 2023

The accounting career path is ripe with opportunity. Accountants are in demand, with demand projected to grow in the coming years. This surge creates endless options and vibrant futures for those on the accounting career track.

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Going Concern

FEBRUARY 23, 2023

Going Concern (@going_concern) February 20, 2023 Let’s begin with my favorite response of the bunch: Ignoring the talent shortage — Kendall Collier (@KendallCollier) February 20, 2023 Really though. We suspect that were accounting firms to raise salaries in a significant way, talent would follow. There are no people.

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Anders CPA

JULY 18, 2023

Huber, retired tax partner at Anders CPAs + Advisors, passed away on July 13, 2023 surrounded by his loving family. Jim started his public accounting career in 1974 working at the firm his father, William Huber, founded in 1965, Huber, Ring, Wolling & Co. Huber appeared first on Anders CPA.

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Going Concern

AUGUST 29, 2023

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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Going Concern

SEPTEMBER 15, 2023

The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Tuesday, September 19, 2023, at 10:00 a.m. Nearly 140 comments were received, including some after the August 7, 2023, deadline, and the proposals have proven controversial. economy — both increases over the previous quarter.

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Going Concern

MARCH 22, 2024

Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri. I wanted an adventure.”

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Going Concern

OCTOBER 16, 2023

.” Accounting has been taking a beating in the public square recently, with a steady drumbeat of news about the decline of people either entering or exiting the profession. Our talent challenges are real, but perspective about the opportunities and appeal of an accounting career has been lacking.

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Going Concern

JUNE 30, 2023

Earlier this year, Saudi Arabia ranked second globally for societal awareness of AI, according to the 2023 AI Index Report by Stanford University. “We After gaining experience across multiple accounting and auditing firms in the New York area, including time at Ernst and Young, Coombs created his own business, Coombs CPA, PC, in New Jersey.

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Going Concern

MAY 5, 2023

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. The report says CPAs are generally paid more than non-CPAs, but the pay gap between the two shrinks when moving from entry-level to the manager level. . On day one.

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CPA Practice

MAY 2, 2023

accounting profession is facing a severe shortage of certified accountants. Projections indicate that demand for accountants and auditors will increase by 13% between 2021 and 2031, with an estimated 136,400 job openings between 2021 and 2023. The Causes of the Shortage The shortage of certified accountants in the U.S.

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Withum

AUGUST 16, 2023

Seton Hall University and Withum announced a pilot program today aimed to ease the burden of fulfilling the 150 credit hours requirement for accounting students. The CPA Pathway Apprenticeship supports the AICPA and NABA’s initiative to help alleviate barriers for students considering a career in public accounting.

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CPA Practice

MAY 11, 2023

Rocky Mountain/Far West Region Accounting Graduate Salary: $61,920 Finance Graduate Salary: $64,777 New England Region Accounting Graduate Salary: $61,500 Finance Graduate Salary: $64,050 Mideast Region Accounting Graduate Salary: $60,183 Finance Graduate Salary: $63,100 Overall, the highest paying job for finance jobs is a controller.

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CPA Practice

FEBRUARY 6, 2024

AICPA Shares Plan to Strengthen Accounting Pipeline According to the American Institute of CPAs ‘ 2023 Trends Report, bachelor’s degree completions in accounting dropped 7.8% Meanwhile, 60% of firms surveyed reported that they expected to have the same or higher number of CPAs on staff in 2023 compared to 2022.

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Going Concern

DECEMBER 9, 2022

The merger will become effective January 1, 2023, as teammates in the firm’s downtown office on Orange Avenue join their colleagues at the office the firm opened in Orlando’s Lee Vista office park in 2021. The Michigan Association of CPAs is calling all potential young accountants, CFOs and financial advisors. One last thing!

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CPA Practice

SEPTEMBER 6, 2023

They include responses from more than 2,500 workers 18 and older and more than 2,000 hiring managers in finance and accounting, technology, marketing and creative, legal, administrative and customer support, human resources, and other areas at companies with 20 or more employees in the United States.

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Going Concern

APRIL 5, 2024

CPA licensure program off to ‘promising’ start [ Journal of Accountancy ] 38 people huh? The Experience, Learn & Earn (ELE) program, a pilot program designed to help accounting graduates earn required academic credits for CPA licensure, has received early positive reviews.

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