Illinois CPAs spot numerous issues with accountant retention
Accounting Today
JANUARY 11, 2024
Salary, burnout and work-life balance are among the factors affecting retention of accountants, according to a report from the Illinois CPA Society.
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Accounting Today
JANUARY 11, 2024
Salary, burnout and work-life balance are among the factors affecting retention of accountants, according to a report from the Illinois CPA Society.
Accounting Today
FEBRUARY 2, 2024
The Illinois CPA Society and its CPA Endowment Fund have begun accepting scholarship applications for the 2024-2025 academic year.
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CPA Practice
APRIL 22, 2024
The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA profession through a variety of prestigious awards. Wolfe, Ltd. Mendoza, Ph.D.
CPA Practice
DECEMBER 18, 2023
Time and again, retaining talent is ranked as a top challenge among leaders in the accounting and finance profession. In seeking to understand employees’ motivations to voluntarily resign from their roles, responses from 433 accounting and finance professionals were fielded and analyzed. Too many hours/burnout. Workplace culture.
Going Concern
FEBRUARY 1, 2024
Fresh press release for you straight from the source: Aiming to aid accounting students and increase the pipeline of future certified public accountants (CPAs), the Illinois CPA Society and its charitable partner, the CPA Endowment Fund of Illinois, are now accepting scholarship applications. For more info, go here.
CPA Practice
MAY 25, 2023
The Illinois CPA Society (ICPAS) has presented its Outstanding Educator Award to two Illinois accounting faculty as part of its 2023 awards program. Accounting educators are instrumental in stewarding the next generation of leaders into the profession,” says Geoffrey Brown, CAE, president and CEO. Madeline K.
CPA Practice
JANUARY 9, 2024
The Illinois CPA Society and its charitable partner, the CPA Endowment Fund of Illinois, have announced the 12th and largest group to date to complete its award-winning Mary T. Alfred Dzakpasu Southern Illinois University Carbondale, Ill. Dasjha Eguasa Northern Illinois University DeKalb, Ill. Luis Corral Richard J.
CPA Practice
FEBRUARY 7, 2023
These scholarships provide essential financial assistance to qualifying accounting students across the state of Illinois and reward them for their hard work and academic success. The application deadline for the following scholarships is April 1, 2023: Illinois CPA Society Accounting Scholarships for seniors or graduate students.
CPA Practice
JANUARY 18, 2023
Founded in 1903, the Illinois CPA Society (ICPAS) is one of the largest state CPA societies in the nation, with the core mission of “enhancing the value of the CPA profession” through meaningful and convenient education, timely and relevant information, influential advocacy, and countless opportunities to make powerful professional connections.
CPA Practice
SEPTEMBER 11, 2023
The Illinois CPA Society (ICPAS) is encouraging aspiring certified public accountants (CPAs) to apply for its 12th annual Mary T. Illinois-based racial and ethnic minority college students interested in pursuing careers in accounting and finance are encouraged to apply. 6, 2023, at www.icpas.org/mtww.
CPA Practice
SEPTEMBER 27, 2023
Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. We thank our members and their friends, families, and colleagues for coming together across Illinois to serve their communities.”
CPA Practice
JUNE 12, 2023
The Illinois CPA Society (ICPAS)—one of the largest state associations in the nation serving the certified public accountant (CPA) community—has presented Daniel F. In addition, he served multiple terms on the ICPAS Board of Directors, of which he is a former chairperson, and the CPA Endowment Fund of Illinois Board of Directors.
CPA Practice
APRIL 9, 2024
As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. As an accountant or CPA, you play a vital role in: Calculating and withholding taxes correctly. Your client will be assigned an employer tax account number for the state. By Nellie Akalp.
CPA Practice
APRIL 3, 2023
The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is proud to formally announce its new board of directors for the April 1, 2023, to March 31, 2024, fiscal year. Ellis, CPA, partner in Ernst & Young LLP’s financial accounting advisory services practice in Chicago; Joshua Herbold, Ph.D.,
Accounting Today
AUGUST 21, 2023
The Illinois CPA Society is hosting its annual conference this week featuring 44 educational sessions and four keynote presentations, including a session on the state of the CPA profession.
Accounting Today
JANUARY 10, 2024
The Illinois CPA Society and its affiliated CPA Endowment Fund of Illinois recognized the 12th and largest group of young people to date to complete its Mary T. Washington Wylie Internship Preparation Program.
CPA Practice
APRIL 21, 2023
The Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA community through a variety of prestigious awards. Rahill III, CPA/PFS, JD, LL.M., Outstanding Leader Kimi L. Trimble, Ph.D.
CPA Practice
MAY 15, 2023
The Illinois CPA Society (ICPAS), in partnership with the ICPAS Women’s Committee, presented the recipients of the prestigious 2023 Women to Watch Awards at the ICPAS Women’s Leadership Forum last Friday, May 12, 2023, in Chicago, where they received their awards and participated in a panel discussion on advancing women in the accounting profession.
CPA Practice
AUGUST 22, 2023
The Illinois CPA Society (ICPAS)—one of the largest state associations serving the certified public accountant (CPA) community—is proud to share that its latest Insight Special Feature, “ A CPA Diversity Report: Uncovering the Barriers to Success ,” has been recognized with three distinguished publications competition awards this summer.
Going Concern
DECEMBER 9, 2022
The latest group of fortune tellers gazing into crystal balls to figure out what accounting salaries will be like next year are from the recruitment firm Hays U.S. In its 2023 salary guide , Hays provides salary ranges for accounting and finance jobs in nine states, plus the District of Columbia. Illinois: $40,000-$60,000.
Accounting Today
AUGUST 24, 2023
At the Illinois CPA Society's annual summit, a deep dive into how the profession needs to revamp and revitalize its appeal to potential accountants.
Going Concern
JANUARY 4, 2023
The reasons offered for this center around the increasing complexity of public accounting practice; there are more rules and regulations, the knowledge base has greatly expanded, the CPA’s toolkit is expected to be more varied than it ever has been. Just how good at basket weaving do we need our public accountants to be?
CPA Practice
APRIL 10, 2023
The CPA Endowment Fund of Illinois , the charitable partner of the Illinois CPA Society (ICPAS), is proud to announce its board of directors for the April 1, 2023, to March 31, 2024, fiscal year. Fuller, CPA, as ex-officio directors.
CPA Practice
MAY 23, 2024
This webinar will be held on Tuesday, June 11, 2024 Sponsor: Canopy Software Duration: 1 Hour Register Now CPE Course Description: This course offers a roadmap for starting and continuing to grow your own accounting or bookkeeping firm, with a focus on scalability and efficiency from the outset.
CPA Practice
APRIL 5, 2023
The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—is excited to announce its 2022 Excel Award recipients. Each spring, ICPAS recognizes the individuals who exhibited superior achievements in passing the Uniform CPA Exam in Illinois during the previous year.
CPA Practice
OCTOBER 3, 2023
Hundreds of certified public accountants across Illinois participated in the Illinois CPA Society’s 14th annual CPA Day of Service on Sept. We thank our members and their friends, families, and colleagues for coming together across Illinois to serve their communities.”
CPA Practice
JANUARY 11, 2024
The Illinois CPA Society offers these tips for speeding up the filing process: Gather all your information first. CPAs, certified public accountants, have your back. Illinois residents and businesses can find a CPA at www.icpas.org/findacpa. Before starting your tax return, gather and organize all the information you’ll need.
Accounting Today
JULY 5, 2023
The Illinois CPA Society presented wealth strategist Daniel Rahill III with its 2023 Lifetime Achievement Award.
Going Concern
SEPTEMBER 22, 2023
Here we are again talking about the accountant shortage. Mark Maurer at Wall Street Journal wrote today about a young man named Omer Khokhar who realized after six years in accounting that he was done. The article title: “Job Security Isn’t Enough to Keep Many Accountants From Quitting.” ” Ruh-oh.
Going Concern
MAY 20, 2024
PwC is facing legal action claiming the accountancy firm is liable for the alleged rape of a graduate employee following after-work drinks. Illinois CPA Society has issued a new pipeline report: Re-Decoding the Decline. Shout-out to NPR for continuing to stay on top of the accounting shortage. Can someone send us those slides ?
CPA Practice
JUNE 8, 2023
The Illinois CPA Society, one of the largest state associations in the nation serving the certified public accountant community, has announced the recipients of its 2023 Lester H. Further, McKinney is a vice president with the National Association of Black Accountants Inc. McKeever Jr. Advancing Diversity Awards.
CPA Practice
OCTOBER 5, 2023
This initiative aims to enhance racial and ethnic diversity and inclusivity among accounting educators in colleges and universities. Decker added, “The AICPA is committed to building a more diverse, equitable and inclusive accounting profession. Jefferson, Virginia Commonwealth University DMyrian Frederick, Virginia Tech Isaac L.
CPA Practice
MAY 11, 2023
In a recent study, Tipalti found which states were the best to pursue a career in finance or accounting by analyzing the number of jobs available, average salaries, and university rankings. Here’s which states ranked best for a career in finance or accounting. They also determined the best-paying jobs for finance graduates.
Going Concern
SEPTEMBER 25, 2023
It’s been a while since we’ve done an Accountants Behaving Badly megapost ( 381 days ago , actually), here’s some bad behavior you may have missed. Twice-Convicted Accountant Is Charged With Embezzling More Than $1.1 Palos Hills Accountant Indicted In $7.8M This stock photo is incredible.
CPA Practice
MAY 8, 2023
Shortly after Fortune released its ranking of the 100 best companies to work for in 2023, which included a smattering of public accounting firms , the business magazine came out with its inaugural ranking of the best online master’s degree programs in accounting.
CPA Practice
APRIL 7, 2023
The president and CEO of the Illinois CPA Society (ICPAS) has been honored with the 2023 National Association of Personal Financial Advisors (NAPFA) Special Achievement Award. Brown, currently a Chicago resident, is a native of Fort Washington, Md.
CPA Practice
JANUARY 11, 2023
The Illinois CPA Society and its charitable partner, the CPA Endowment Fund of Illinois, have announced the latest group of young aspiring professionals to complete its award-winning and highly competitive Mary T. Amanda Balaba Illinois Wesleyan University Lapu-Lapu, Philippines Aisha Bawany DePaul University Morton Grove, Ill.
Nancy McClelland, LLC
AUGUST 21, 2023
There is a phased-in approach to the State of Illinois’ new plan, and this November (2023) is going to catch a bunch of folks unprepared, as the requirements will extend to any business with five or more employees. What Is Illinois Secure Choice? Why Is Illinois Making Small Business Owners Do This?
Nancy McClelland, LLC
AUGUST 21, 2023
There is a phased-in approach to the State of Illinois’ new plan, and this November (2023) is going to catch a bunch of folks unprepared, as the requirements will extend to any business with five or more employees. What Is Illinois Secure Choice? Why Is Illinois Making Small Business Owners Do This?
Nancy McClelland, LLC
APRIL 9, 2023
Reminder: Due to a new law , Illinois S-Corp and Partnership owners should generally pay quarterly IL state ( not federal) taxes through the business. For the Illinois Department of Revenue (IDOR), go to the MyTax Illinois site. There are multiple options for paying personal quarterly estimated taxes.
CPA Practice
JUNE 6, 2023
The Illinois CPA Society (ICPAS) has announced its third class of Strategy Academy graduates. The next Strategy Academy will be held in August 2023, exclusively for accounting and finance professionals working in a corporate environment.
CPA Practice
MARCH 1, 2024
The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed Lisa Washburn to the position of vice chair and has appointmented David Goldman and Deborah L. Miller, CPA, to the Governmental Accounting Standards Advisory Council (GASAC). All appointees’ terms begin March 1, 2024.
Going Concern
FEBRUARY 23, 2023
Bored of writing and talking about the dire accountant shortage and the consequences it could have on the entire financial system as we know it, the other day I tweeted a question to find out what else folks think is plaguing accounting. We suspect that were accounting firms to raise salaries in a significant way, talent would follow.
CPA Practice
JANUARY 17, 2024
Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.
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