Remove accountant Remove auditor Remove cpas Remove New Jersey
article thumbnail

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

CPA Practice

While it’s unclear what exactly led to the mistakes in each of these cases, one major risk factor has reached crisis levels: a shortage of certified public accountants. The lack of help means current accountants’ hours and workloads can be grueling, upping the odds of mistakes and burnout. “If

Account 78
article thumbnail

Listen Up, Young Accountants: Career Advice For Sticking Out Those Early Years

Going Concern

But experts say one thing that young professionals can do, including young accountants, is to be more patient. Let’s say they’re in public accounting, and they get assigned to an engagement with a manager or client they don’t particularly like,” asked Maginnis. “Or That can be a tough fight to win.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Monday Morning Accounting News Brief: Deloitte Goes Big in Boston; Advisory Readies For Pain | 7.10.23

Going Concern

New to Crain’s top 25 is New York-based KPMG. Other leading accounting firms such as New York-based Deloitte and Ernst & Young also reported upticks in their Chicago headcounts. The firm’s junior auditors have been told that the pay band for one cohort would be frozen while others would increase by just 3pc or 6pc.

Account 97
article thumbnail

Monday Morning Accounting News Brief: Gen Z Ruins Accounting; EY Hammers Out Some Deets; Internal Control Controversy | 12.05.22

Going Concern

Cohen and Company, CPAs of Rockville, Maryland, merged into Marcum effective December 1, adding to Marcum’s presence in the Mid-Atlantic. They assume since management is doing the internal control evaluation themselves, the auditor opinion does not matter. Gen Z is ruining the public accounting meat grinder.

Account 52
article thumbnail

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

Going Concern

This ESPN article about tonight’s draft mentions only “accounting firm.” 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. Does EY still oversee the NHL draft lottery?

Account 52
article thumbnail

Friday Footnotes: PwC Is Tops in M&A Advisory; What You Can Do With a MAcc; EY Consolidates in LatAm | 4.28.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The winners had to be accounting students at New Jersey colleges or universities who are currently in their junior year or in their senior year and entering an accounting-related graduate program.

Colorado 105
article thumbnail

Monday Morning Accounting News Brief: The EY Executive Who Never Was; Deloitte Doesn’t Get in Trouble | 10.9.23

Going Concern

A key focus of this survey is to understand why a growing number of accounting students and young professionals in accounting and finance careers don’t finish the CPA exam or elect to never take it at all. Both CPAs, Mike Gibson is a retired audit partner and his wife Kristy worked at EY too, now she runs a recruiting firm.

Account 69