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Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

FT dropped this over the weekend : Candidate numbers for US accountancy exams drop to lowest in 17 years New figures from the American Institute of Certified Public Accountants showed the shortage of CPA candidates that has plagued the profession in recent years worsened in 2022, dashing hopes for a quick rebound from the pandemic.

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

CPA Practice

Victoria Saravia Bazoberry (New York), a graduate of the University of Notre Dame with a Bachelor of Business Administration in accountancy, is employed with KPMG LLP in New York, NY. Sells, one of the first CPAs in the U.S., was active in the establishment of the AICPA and played a key role in advancing education within the profession.

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Accountant highly commended in book awards

Accounting Insight

An accountant and mentor has been Highly Commended for her third business book at a national award ceremony celebrating quality and variety. Della Hudson, of Minerva Accountants in Bristol and Somerset, has written Changing the Numbers: How to deliver advisory services for maximum success for fellow accountants.

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A New Zealand Accountant Took Client Retention to a Whole Other, Insane Level

Going Concern

It appears all of this (alleged) behavior stems from the accountant not wanting to lose her clients and lashing out at them when they tried to call things quits. ” The client was a bakery that ran into problems when they tried to switch to a different accountant. .”

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Using the Phrase ‘Scum of the Earth’ is Considered a Discreditable Act Across the Pond Apparently

Going Concern

Retired accountant and generally angry dude David Forge has been kicked out of the Institute of Chartered Accountants in England and Wales (ICAEW) over several not nice emails he sent to a variety of people. Not clients, not fellow accountants, just unfortunate people caught in his cyclone of anger.

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As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

On June 20 of this year , CPA Ontario, the regulatory body responsible for overseeing Chartered Professional Accountants and accounting firms in Ontario, provided notice of intent to conclude its current arrangement with the national CPA Canada body. The terms of the accord are up for discussion every five years.

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JPMorgan, Goldman-Backed Payments Co Finablr Eyes IPO

PYMNTS

The company’s founder spoke at the Indian budget forum hosted by the Institute of Chartered Accountants of India-Dubai. The company planned to sell 30 percent of its shares publicly and use that money to expand.