CPA Practice

OCTOBER 10, 2023

Over the past two years, more than 300,000 accountants and auditors have left their positions, marking a 17% decline from the peak of the profession a few years ago. The retirement of CPAs contributes to the shortage of qualified tax practitioners, with nearly 75% of the workforce in 2020 reaching retirement age, according to the AICPA.

Technology 105

Technology accounting firms Account accountant 105

CPA Practice

AUGUST 16, 2023

Most of our clients are dabbling in it through platforms like Robinhood Crypto,” said Elizabeth “Li” Connolly, a firm partner. The IRS’s strategic operating plan for 2023 through 2031 lays out the agency’s intention to ramp up enforcement action related to digital assets, according to Green Tree, PA-based accounting firm H2R CPA.

cpas 98

cpas tax return Real Estate Tax 98

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. Paula Laurenti, Key Accounts Manager at SAPRO.

cpas 69

cpas auditor accounting firms accounting and finance 69

Going Concern

APRIL 19, 2024

consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines. The Big Four accounting firm is considering adding about 85 U.S. CPAs Have a Branding Problem for the Younger Generation [ CPA Journal ] By Jason L.

cpas 87

cpas accounting firms Account accountant 87