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State CPA Society News & Updates – June 2023

CPA Practice

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. The Massachusetts Society of CPAs ( MassCPAs ) recently launched a scholarship to honor the legacy of current Society President and CEO Amy A.

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CRI Expands Into Oklahoma After Merger with Stanfield + O’Dell

CPA Practice

Top 25 accounting firm Carr, Riggs & Ingram (CRI) now has its first location in Oklahoma after combining with Tulsa-based Stanfield + O’Dell P.C. Expanding our footprint into Oklahoma has long been a part of our strategic growth plan,” said Bill Carr, CRI executive chairman and portfolio managing partner.

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AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

The American Institute of CPAs has announced the 50 winners of the 2022 Elijah Watt Sells Award. This award is granted to CPA candidates who obtain a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, pass all four sections on their first attempt and have completed testing in 2022.

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AICPA Announces 2023 Leadership Academy Graduates

CPA Practice

The AICPA Leadership Academy was created to inspire, nurture and empower the next generation of diverse CPA leaders by providing them with advanced leadership training. The program is led by Elizabeth Burkhalter, CPA, Senior Manager of the AICPA & CIMA Diversity and Inclusion team’s Emerging Professional’s Initiatives.

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Monday Morning Accounting News Brief: Capping Busy Season Hours FTW; Open the Books on Audit Firms? | 4.15.24

Going Concern

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Regulations need to change to match. Right now, they don’t.

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Accountants Aren’t the Most Concerned About AI’s Impact—Except in One State

CPA Practice

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

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Monday Morning Accounting News Brief: Deloitte Refutes a Demand Shift; Firm Data Breach; KPMG’s New AI Partner | 4.24.23

Going Concern

Here are a few stories to whet your appetite for what promises to be a thrilling week in accounting ahead (obligatory /s). The post Monday Morning Accounting News Brief: Deloitte Refutes a Demand Shift; Firm Data Breach; KPMG’s New AI Partner | 4.24.23 Good morning and welcome to another Monday.

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