CPA Practice

MAY 14, 2024

accounting profession, today released a set of draft recommendations to address the accounting talent shortage. The proposals fall within six broad themes and target audiences that range from high school students to accounting professionals who have spent five years or less on the job. Make the academic experience more engaging.

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CPA Practice

MAY 18, 2023

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.

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CPA Practice

NOVEMBER 2, 2023

The Texas Society of CPAs is collaborating with the American Institute of CPAs and other state CPA societies throughout the U.S. for a unique career awareness event aimed at inspiring and educating students about career opportunities in accounting. TXAOM23.

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Going Concern

JANUARY 19, 2024

Traipsing haphazardly across the internet as one does, I came across this ancient scroll dated 1988 and entitled “Education requirements for entry into the accounting profession: a statement of the AICPA policies.” ” When I say ancient, I mean ancient. Serif fonts hadn’t even been invented yet. Reasonable.

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Going Concern

MAY 12, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

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CPA Practice

MAY 14, 2024

As the accounting profession continues to grapple with a shortage of new CPAs and fewer accounting graduates , an independent national advisory group has published six draft recommendations in a new report on what the profession can do to restock its pipeline with young talent.

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CPA Practice

MAY 24, 2023

Ramsey, CPA, CGMA, PMP, NACD.DC, Vice President, Sarbanes/Oxley for Kaiser Foundation Health Plan, Inc., and Kaiser Foundation Hospitals, is the new chair of the American Institute of CPAs (AICPA). Carla McCall, CPA, CGMA, managing partner of Alexander Aronson Finning CPAs, was voted in as the AICPA’s vice chair. “And

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Going Concern

AUGUST 24, 2022

Misery in accounting is timeless after all. Plus it’s relevant given the ongoing accounting pipeline problem and concerns about accountant shortages as the paper talks about how the stereotype of “the miserable accountant” actually draws people to the profession for whom misery is a good fit.

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Going Concern

FEBRUARY 2, 2023

There’s another article about the accountant shortage today and this time it’s in Insider. Kachelmeier has seen accounting majors decline between 20% to 40% over the past few years at his school and like many in the profession he believes that the key to fixing the shortage lies in pitching accounting to young people.

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CPA Practice

JUNE 6, 2023

[These are quotes from several attendees of the 2023 Accounting Think Tank.] Participants of the 2023 Accounting Think Tank were purposed with engaging with their colleagues and openly discuss issues that may have significant benefit, detriment or other effects on professionals. Gallery :

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Nancy McClelland, LLC

JANUARY 20, 2024

Three Main Themes , as outlined by the producers: Integrating passions and work: The importance of integrating passion and personal interests into professional work, as seen through Nancy McClelland’s incorporation of dancing into her accounting career. You can thank me later.

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CPA Practice

DECEMBER 11, 2023

Picture this: You’re at the end of another year, mulling over an all-too-familiar quandary that’s been haunting the accounting industry for two decades. Why is there a chronic shortage of accountants? Many accounting firm owners, in an attempt to maximize profits, have historically kept staff wages relatively low.

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CPA Practice

OCTOBER 19, 2023

The group’s mission is to use a data-driven, highly collaborative and inclusive approach to tackle issues that have led to declining numbers of accounting graduates and CPA candidates. We’re asking tough questions and having tough conversations,” said Sue Coffey, the AICPA’s CEO of public accounting and NPAG’s executive sponsor.

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CPA Practice

DECEMBER 20, 2023

The accounting career path is ripe with opportunity. Accountants are in demand, with demand projected to grow in the coming years. This surge creates endless options and vibrant futures for those on the accounting career track. The camp and accounting profession both have bright futures with endless possibilities.

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CPA Practice

MAY 28, 2023

Ramsey, CPA, CGMA, PMP, NACD.DC, Vice President, Sarbanes/Oxley for Kaiser Foundation Health Plan, Inc., and Kaiser Foundation Hospitals, is the new chair of the American Institute of CPAs (AICPA). Carla McCall, CPA, CGMA, managing partner of AAFCPAs , was voted in as the AICPA’s vice chair. “And Ramsey, CPA.

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Going Concern

MARCH 22, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Look no further, Accountingfly’s top remote accounting candidates of the week are here.

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Going Concern

AUGUST 17, 2023

Adamant that there is no way the burden of 150 units for CPA licensure will ever be rolled back to 120, the AICPA and NASBA have scored a second school-firm collaboration for their CPA Pathway Apprenticeship initiative: Seton Hall University and Withum. The program trades work in the field for credits toward 150.

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CPA Practice

NOVEMBER 6, 2023

The accounting talent shortage in Ohio is at a critical point and, requires a bold, all-hands-on-deck approach to resolve, according to The Ohio Society of CPAs (OSCPA). As one of the nation’s leading accounting associations, OSCPA is advancing the profession by leading the charge to reverse the scarcity of accounting talent.

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Going Concern

OCTOBER 16, 2023

“Twice in a row, exam fraud is shown at the top of major accountancy firms, where exemplary behaviour should be expected. The AICPA’s Sue Coffey wrote an opinion piece for Accounting Today. Our talent challenges are real, but perspective about the opportunities and appeal of an accounting career has been lacking.

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ThomsonReuters

FEBRUARY 27, 2024

Sandy Heit’s path to owning her own accounting firm was a bit unconventional — and ultimately involved her love for photography. She pursued accounting due to a combination of a love for math and heeding her mother’s advice to have a stable job. Owning a business provided many lessons which she would utilize in her life to come.

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Accounting Today

AUGUST 17, 2023

The work-for-credit program will help young accountants get their 150 hours.

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Xero

JULY 7, 2022

At Xero, we’re passionate about mentoring and encouraging the next generation of accounting, small business, and finance leaders. One of many industry associations we are proud to support is the National Association of Black Accountants (NABA). What motivated you to pursue accounting as a career path?

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Going Concern

MAY 5, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Pajamas forever!

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CPA Practice

MARCH 4, 2024

In a recent EY survey , only 19% of the 500 accounting and science, technology, engineering and math (STEM) students surveyed said they believed AI would enable professionals to focus their efforts on judgment and higher-level thinking. As we all know, change can sometimes create uncertainty.

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Withum

AUGUST 16, 2023

Seton Hall University and Withum announced a pilot program today aimed to ease the burden of fulfilling the 150 credit hours requirement for accounting students. The CPA Pathway Apprenticeship supports the AICPA and NABA’s initiative to help alleviate barriers for students considering a career in public accounting.

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Going Concern

OCTOBER 30, 2023

PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner. A certification program to reskill workers with at least some college education to take on those roles is set to launch next year.

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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.

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Going Concern

DECEMBER 9, 2022

Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant Matt Jacques, according to a Dec. Accounting, tax audit, and business advisory firm BDO is investing €5m in a new office as it creates 100 new jobs. 7 report from the Wall Street Journal.

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Going Concern

APRIL 5, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. There’s certainly been a lot of interest and activity in the accounting space by private equity.”

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