CPA Practice

NOVEMBER 1, 2023

This concern is not misplaced: Research for the 2024 Salary Guide From Robert Half found that organizations in both public and corporate accounting are grappling with an accountant shortage. Without question, the finance and accounting profession has some significant talent challenges.

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Going Concern

NOVEMBER 30, 2022

27-year-old senior auditor Aishwarya Venkatachalam told a friend before she died in August that things weren’t going so great at EY Sydney. Venkatachalam received her accounting degree in India and had only been in Australia since November 2021. We’ll take their word on that. ” Ms. . ” Ms.

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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.

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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 ].

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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.

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Going Concern

JUNE 24, 2022

Institutions are exploring the space — KPMG Canada crypto team [ Cointelegraph ] The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to play in institutions entering the crypto space, according to two team members. In response to the issuance of Staff Accounting Bulletin No.

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Going Concern

FEBRUARY 24, 2023

What’s at risk: A legal review of the proposed changes has been conducted by the National Association of State Boards of Accountancy (NASBA). As the member organization for all state boards of accountancy in the United States, NASBA spelled out key consequences for Minnesota licensees and firms.

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Angry Accountants

SEPTEMBER 9, 2009

He already has like a billion accountants working for him. Life working as an accountant at the IRS is no mystery -- just watch Stranger Than Fiction , and if you are interested in the job, try here: [link] But what about non-IRS jobs? Currently, there are 220 accountant jobs posted on the federal government's job website.

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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.

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Going Concern

NOVEMBER 10, 2022

Well that’s pretty much what’s happening in accounting right now. In early October, local KCCI in Des Moines ran a story about a shortage at the Iowa State Auditor’s Office. The problem isn’t unique to the Iowa Auditor’s Office. And it’s only just begun. Yes, we know. asked Sand.

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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.

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