CPA Practice

OCTOBER 12, 2023

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. Master’s degrees earned at private institutions fell 10.9%

Account 112

Account accountant accounted cpas 112

CPA Practice

MARCH 22, 2023

The Texas Senate unanimously passed a bill on Tuesday that would lower the eligibility requirement for CPA candidates to sit for the CPA exam from 150 semester credit hours to 120. Gov Patrick for passing one of TXCPAs priority legislation items of this session, which will help fuel the CPA pipeline. On to the House!!

Texas 128

Texas CPA cpas Education 128

Going Concern

AUGUST 29, 2023

So a guy named Brian Kelleher who works for the hilariously named FML CPAs has written an opinion piece for the Hartford Courant entitled “Opinion: Accounting is a fantastic career — despite common misconceptions.” I’m involved in recruiting for one of the largest accounting firms in Connecticut.

Account 108

Account accountant accounted public accounting 108

Going Concern

MAY 9, 2023

So far it seems dwindling accounting graduate numbers in the Philippines are mostly affecting in-country businesses and firms, still something worth keeping an eye on. The group added that the country has produced just around 199,000 CPAs in the past 100 years. Non-CPAs of course starts a bit lower, Php 12,000 to Php 15,000.

cpas 122

cpas Account accountant accounted 122

Going Concern

DECEMBER 1, 2022

Perusing The CPA Journal as one does when one is tasked with the onerous burden of reporting on happenings in a profession in which so few things happen, I saw this discussion on CPA Evolution by Nina Terranova Dorata, PhD, CPA and Vincent J. Fitting really, as it encapsulates how boned the profession is. What are we looking at?

accounting degree 64

accounting degree Account accountant accounted 64

CPA Practice

AUGUST 8, 2023

Recruiting and employee retention have topped the priority list of businesses at large in the recent past, but for the accounting industry, it has been a primary focus for most of the last decade. Competition for accounting talent is fierce.

Account 88

Account accountant accounted Education 88

Going Concern

NOVEMBER 2, 2022

Although the accounting talent shortage seems like something that just popped out of nowhere and couldn’t possibly have been predicted, oh, a decade ago, I feel compelled to remind everyone that we here at Going Concern saw this coming. From Is There Really a Shortage of Entry Level Accountants? OK ready for the prophetic bit?

Account 122

Account accountant accounted accounting degree 122

CPA Practice

MARCH 18, 2024

Top 500 accounting firm JHM Certified Public Accountants, based in Chattanooga, is expanding its presence in eastern Tennessee by combining with Harting, Bishop & Arrendale (HBA) in Cleveland, TN. The combined firm will operate under the name of JHM Certified Public Accountants.

cpa firm 52

cpa firm CPA Tennessee Real Estate 52

Going Concern

MARCH 17, 2023

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs.

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cpas Education Minnesota accounting degree 98

Going Concern

JANUARY 6, 2023

So customers have filed more than a half-dozen proposed class actions against the NFL’s Tom Brady, accounting firm Prager Metis and Bankman-Fried as an individual, among others. 2024 CPA Exam Blueprints released [ Journal of Accountancy ]. Employers added 223K jobs in December, but cut 1,100 in accounting [ Accounting Today ].

cpa firm 52

cpa firm CPA New Hampshire Ohio 52

CPA Practice

JANUARY 18, 2023

In an effort to support a racially and ethnically diverse student population and help strengthen the pipeline of diverse CPA talent, the Fordham University Gabelli School of Business has announced its collaboration with the Deloitte Foundation in the Deloitte Foundation Accounting Scholars Program (DFASP).

Account 119

Account accountant accounted Education 119

BuildYourFirm

APRIL 28, 2020

Koltin, CPA, CGMA. For twenty consecutive years, Allan has been named by Accounting Today as one of the Top 100 Most Influential People in the accounting profession. For the past six years, Allan has also been named by CPA Practice Advisor as one of the Top 25 Thought Leaders in the profession.

Wisconsin 168

Wisconsin cpas CPA accounting degree 168

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.

North Carolina 111

North Carolina Account accountant accounted 111

CPA Practice

JUNE 19, 2023

Professional association leaders warn that accounting staff shortages are popping up nationwide, impairing financial reporting at the same time that Congress has been pushing for more transparency in financial data , which will require even more staff work. So what’s changed in the supply chain for governmental accountants?

Government 98

Government Account accountant accounted 98

CPA Practice

JULY 31, 2023

Professionals on the Move is a round-up of recent hiring and promotion announcements from across the accounting space. He provides accounting and assurance services to both public and privately held companies, primarily those within the construction and manufacturing sectors. Deatrick joined the firm in 2009.

Real Estate 97

Real Estate West Virginia Manufacturing audit 97

Going Concern

OCTOBER 11, 2022

note: the following is penned by Bob Jennings CPA, EA for his Taxspeaker.com newsletter. These businesses have their financial advisory needs served by hundreds of thousands of small firm accountants and CPAs nationwide. According to the SBA , small business generates about 44% of GDP in America and 2/3 of new jobs annually.

Education 93

Education Account accountant accounted 93

CPA Practice

JUNE 5, 2023

Professionals on the Move is a round-up of promotions and hiring announcements in and around the accounting profession. Shekel is a registered CPA and Accredited in Business Valuation (ABV). He received bachelor’s degrees in economics and in finance and accounting from the University of Maryland. Shekel holds an M.B.A.

Indiana 93

Indiana Massachusetts Real Estate CPA 93

Going Concern

JUNE 15, 2023

Prior to 2007 I had little idea the accounting profession existed. That was the year I started working in CPA review, Going Concern was founded two years later. This cross-disciplinary knowledge covers accountancy, business law, corporate finance, human resources, information technology, marketing/sales, and operations.

Account 59

Account accountant accounted Education 59

CPA Practice

JANUARY 11, 2024

Kavanagh joins CohnReznick as Assurance Partner CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, recently announced that Charles (Chuck) Kavanagh , CPA has joined the firm as an assurance partner. The boost follows the hire of public accounting veteran Jay Trumbower as CEO in late 2022.

Delaware 59

Delaware Georgia CPA bookkeeping 59

Going Concern

APRIL 20, 2022

As I snarkily mentioned last week , the AICPA has finally released its much-anticipated 2021 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (or Trends , for short) report [PDF here ], a behemoth data dump of accounting industry stats first released in 1971 and released every two years since 2009.

Account 52

Account accountant accounted CPA 52

Going Concern

FEBRUARY 24, 2023

Last week we told you about HF 1749 and SF 1660, bills introduced to the Minnesota legislature that would allow for a second pathway to CPA licensure of 120 units and two years of experience. The proposal would make it harder for Minnesota CPAs to practice across state lines, physically and virtually.

Minnesota 98

Minnesota Illinois cpas CPA 98

Going Concern

JANUARY 12, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. in 2021/22.

audit 104

audit auditor Illinois CPA 104

Withum

JANUARY 14, 2022

Withum, a national top 25 accounting and advisory firm, announced today that Pat Walsh , Partner and Market Leader for Withum’s National Tax Services Practice, will succeed CEO and Managing Partner Bill Hagaman , after his term ends in 2023. Bill Hagaman, CPA, CGMA Managing Partner and CEO, Withum.

accounting degree 120

accounting degree income tax CPA tax services 120

CPA Practice

NOVEMBER 29, 2023

Bookkeep Names Accounting Veteran Alison Ball as Vice President of Marketing and Communications Bookkeep, the leading accounting automation platform for ecommerce and retail, today announced the hiring of Alison Ball as Vice President of Marketing and Communications.

Real Estate 52

Real Estate audit cpas tax consultant 52

ThomsonReuters

JANUARY 29, 2024

Today’s accounting firm leaders are constantly grappling with two pivotal challenges: attracting top-tier talent and holding on to the people they have. The challenge for CPA firms is to create an environment and a career path that talented young people find appealing.

Technology 52

Technology accounting degree tax preparation cpa firm 52

Going Concern

OCTOBER 24, 2022

It’s the fact that CPA firms haven’t changed their models. The accounting profession is incubating the next big tech boom. A few weeks back a reader wrote in to say we should review “Bean Counters: The Triumph of the Accountants and How They Broke Capitalism” by Richard Brooks. Lots and lots of pictures.

cpas 59

cpas Account accountant accounted 59

KROST

APRIL 2, 2021

. – KROST CPAs and Consultants, the Los Angeles-based firm, has announced their co-sponsorship of the American Institute of Certified Public Accountants’ ( AICPA) Private Companies Practice Section (PCPS) George Willie Ethnically Diverse Student Scholarship & Internship Program. ABOUT KROST CPAS & CONSULTANTS.

cpas 52

cpas accounting degree accounting careers public accounting 52

Going Concern

JULY 14, 2022

Perhaps in other industries the tide may be turning and potential recruits will soon have to beg to be let in through the ATS gate of HR departments everywhere but we aren’t here to talk about other industries, we’re here to talk about accounting. The talent crunch in accounting is nothing new.

public accounting 59

public accounting CPA accounting degree cpas 59

RitaKeller

JUNE 16, 2021

I received the following press release from the Illinois CPA Society. They are unveiling the findings from research they have done relating to the decline in CPA candidates. It seems that accounting students don’t see the value in devoting the time and energy to become a CPA.

Illinois 45

Illinois cpas CPA accounting degree 45

Going Concern

MARCH 25, 2022

These are the 5 most ‘boring’ — and exciting — jobs in the world, according to a recent study [ CNBC ] You’ll be happy to hear accounting made #2 on the most boring list. Don’t feel bad, MY job ranked #3 most exciting and I assure you it absolutely is not, I write about accounting after all. “I PCAOB Spotlight PDF here.

tax return 52

tax return audit auditor cpas 52