Going Concern

AUGUST 30, 2023

Another state has pushed to allow prospective CPAs to sit for the exam with just a bachelor’s degree worth of units and that’s good ol’ Texas. Effective September 1, future CPAs can sit for the exam with 120 units of education. Before anyone gets too excited, note candidates still need 150 units for licensure.

Texas 123

Texas CPA cpas Education 123

CPA Practice

AUGUST 30, 2023

Jackie Cardello During the panel discussion, “Accounting Across Generations: Assessing the Current State of the Industry,” the question, “What do we have to change to rebuild the talent pipeline in the accounting profession?” You don’t have to be a CPA. Firms are looking at non-traditional hires and non-CPAs.

cpa firm 105

cpa firm CPA cpas Maryland 105

TaxConnex

MARCH 21, 2023

According to published reports , fewer than 100,000 people take the certified public accountant exam each year; about half fail. University enrollment in accounting courses is also dropping. Both the number of candidates and the number of those who passed has also fallen in recent years.

Sales 130

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Going Concern

DECEMBER 8, 2022

There’s nothing wrong with the trades, in fact if you do the math many plumbers make more per hour than early-career public accountants (ouch again). I’m pretty sure there is no one alive today who has seen a green eyeshade other than as a Halloween costume. Surely no one believes this stereotype in current year?

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Account accountant accounted cpas 117

CPA Practice

FEBRUARY 6, 2024

AICPA Shares Plan to Strengthen Accounting Pipeline According to the American Institute of CPAs ‘ 2023 Trends Report, bachelor’s degree completions in accounting dropped 7.8% Meanwhile, 60% of firms surveyed reported that they expected to have the same or higher number of CPAs on staff in 2023 compared to 2022.

cpas 59

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Going Concern

OCTOBER 11, 2022

These businesses have their financial advisory needs served by hundreds of thousands of small firm accountants and CPAs nationwide. Small business has unique needs for accounting services: primarily tax and advising, and secondarily day-to-day accounting needs to act as de-facto controllers and decision makers.

Education 79

Education Account accountant accounted 79

CPA Practice

MARCH 22, 2023

Charles Perry who is a practicing CPA, would lower the semester credit hours requirement from 150 to 120. Because CPA candidates must complete 150 semester credit hours of education—30 credits beyond the typical 120 credit hours earned in a four-year undergraduate degree— many CPAs end up spending five years in college instead of four.

Texas 128

Texas CPA cpas Education 128