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State CPA Society News & Updates – June 2023

CPA Practice

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. The Massachusetts Society of CPAs ( MassCPAs ) recently launched a scholarship to honor the legacy of current Society President and CEO Amy A.

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EY Promises to Increase Starting Salaries to Make Accounting More Attractive

Going Concern

They did say the salary bump will put accounting “on par with other business majors” though: EY US will increase early career compensation as part of a total rewards package that recognizes the value of a certified public accountant (CPA) career path.

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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

Partners at the accounting and consulting firm were told at the end of October that Ball would receive a one-year extension to lead EY until June 2025, according to people familiar with the matter. Also today, Victor Smith and William Tomasello, both Atlanta-area CPAs, pleaded guilty to conspiracy to defraud the United States.

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