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Monday Morning Accounting News Brief: Every Day Is Fools’ Day For Some Accounting Employers; McKinsey Now Paying People to Leave | 4.1.24

Going Concern

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. States with tighter schedules include Illinois and New York (up to 60 days) and Virginia (up to 15 days).

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4 Reasons Why the Profession Is Struggling to Convince Students to Become CPAs, #4 Will Not Shock You

Going Concern

Time to whip out an ancient Game of Thrones meme here: The 2021 AICPA Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report released a couple weeks ago tells us that the number of accounting graduates trended downward in the 2019–2020 academic year (most recent data available), with decreases of 2.8%

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Sales and Use Tax Updates from March

TaxConnex

A specified digital product includes digital audiovisual works, audio works, books, artwork, photographs, periodicals, newspapers, magazines, video greeting cards, audio greeting cards or video games. Online sales tax revenues have accounted for about 66.4 If passed, this law would become effective on July 1.

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Last Week in Payroll: Athletes and Equal Pay

ThomsonReuters

On August 8, 2021, the Summer Olympics in Tokyo (Games of the XXXII Olympiad) will conclude with the closing ceremonies on Sunday evening. These games were delayed a year due to the COVID-19 pandemic. I’m sure there will be more excitement to come before the games finish up at the end of the week. . teams is women’s soccer.

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Pizza Parties In Lieu of Compensation: A Comprehensive History

Going Concern

Whether your class did well on a test, your team won the game, or your friend had a birthday, the pizza party was always the go-to choice to mark the happy event. Let’s just be grateful accounting firms pay you enough for you to afford a decent rotation of blue button-up shirts and a cremation. It all starts when we’re kids.

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Report: 80 Pct. Of NJ Gamblers Place Wagers Online

PYMNTS

Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada. Illegal bets made through neighborhood bookies and offshore sites are valued at $150 billion a year, The American Gaming Association told the WSJ. Geofencing ensures mobile apps stay within each state.