article thumbnail

AICPA Says it Has a Plan to Fix the CPA Talent Shortage

CPA Practice

One of the biggest questions currently being asked by many throughout the accounting profession is, “How can we make accounting more appealing to students?” There’s plenty of accounting jobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years.

CPA 98
article thumbnail

There Are 340,000 Fewer Accountants—and Companies Are Paying the Price

CPA Practice

“If the people preparing the financials are overworked, or there’s not enough of them, you will have errors,” said Joshua Khavis, assistant professor of accounting and law at the University at Buffalo School of Management, whose research has documented links between auditor turnover , long working hours and mistakes.

Account 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Friday Footnotes: Ex-CPA Leaves Clients in the Lurch Before Tax Day; EY Layoffs; More ERC Concerns | 4.12.24

Going Concern

ICYMI: These are the most-read articles on Going Concern this week: Tax Preparer Finds Out in the Worst Way Possible That ERC Wasn’t a Free Money Glitch Survey Says: Which Group of Auditors Are Most Satisfied With Their Salaries? While the average mean salary for accountants in the U.S. Tesla Korea was subjected to 25.1

CPA 97
article thumbnail

Here Are Even More 2024 Accounting Salary Projections

Going Concern

Employers will need to reward employees who earn CPAs, CFAs, and CFPs or risk losing them to competitors. Now that you bravely skimmed four entire paragraphs of icky words, here are national average salaries for various accounting positions according to the report. Many companies also expect to increase outsourcing to fill the gaps.

article thumbnail

Guide to accountant responsibilities

ThomsonReuters

In general, an accountant’s job description includes common accounting tasks such as: Performing risk analysis evaluations. Working with external auditors. Types of accountants and niche practice areas There are, of course, various types of accountant jobs and areas of specialty.

Account 59
article thumbnail

Monday Morning Accounting News Brief: PwC CEO Resigns Over Tax Scandal; RTO Propaganda; Unproductive Productivity | 5.8.23

Going Concern

Don’t let The Guardian scare you about layoffs, find a new accounting job instead. Accountingfly is seeking professionals at all levels to fill all kinds of remote accounting jobs. First Republic’s accounts point out that KPMG was auditor since 2010. The lender rescued by JPMorgan Chase & Co.

Account 52
article thumbnail

Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time

AdviceForTaxpreparers

Issue 3: I am an accounting major, auditor, or I don’t have enough experience in tax to promote the book. Facebook, Twitter, LinkedIn, talking directly to CPAs, accounting majors, accounting teachers, etc.). Learn Why New Accounting Staff Eat Time & How to Fix The Problem. The choice is up to you.