CPA Practice

APRIL 26, 2023

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.

Pennsylvania 52

Pennsylvania public accounting accounting firms Account 52

CPA Practice

APRIL 16, 2024

The Philadelphia Inquirer (via TNS) Molly Kowal decided to become an accountant in part because she knew it would be a stable career. My generation is more focused on maintaining that work-life balance,” said Kowal, who works at accounting firm EisnerAmper in Philadelphia. “A By Lizzy McLellan Ravitch.

accounting firms 134

accounting firms Account accountant accounted 134

TaxConnex

FEBRUARY 27, 2024

Your sales tax obligations depend on knowledge and that knowledge often resides in a professional tax specialist (usually an accountant) who helps your company meet its sales tax obligations. This is a complicated time for sales tax obligations – and a terrible time to try to hire an accountant. There were about 1.65 in 2022, up 1.3%

Sales 220

Sales Tax Account accountant 220

KROST

OCTOBER 6, 2023

LOS ANGELES, CA [September 28, 2023] – KROST’s Assurance & Advisory Principal, Keith Hamasaki, CPA, has been appointed as Trustee of the California Society of Certified Public Accountants (CalCPA) Education Foundation.

Education 92

Education California public accounting CPA 92

Going Concern

SEPTEMBER 19, 2022

Let’s talk about starting salaries in public accounting. Let’s assume a student has an undergraduate accounting degree, a MAcc degree, and has passed all 4 sections of CPA exam. Accounting. — Starting salaries in #accounting have gone from B school leaders to laggards. Throw some numbers out.

public accounting 52

public accounting Account accountant accounted 52

CPA Practice

APRIL 30, 2024

LinkedIn released its eighth annual Top Companies ranking last week—which identifies the 50 best places for professionals to develop their skills and grow their careers—and five of the largest public accounting firms in the U.S. The five accounting firms that made the 2024 LinkedIn Top Companies and where they were ranked are: 4.

accounting firms 96

accounting firms Account accountant accounted 96

Going Concern

AUGUST 31, 2023

Are you struggling to hire remote accountants, auditors, or tax professionals right for your firm or internal team? Gain full access to a pool of highly skilled and experienced remote accountants ready to join your team with Always-On Recruiting. Accountingfly is ready to partner with you! Tech Stack: QBO, QBD, UltraTax, etc.

Account 108

Account accountant accounted CPA 108

CPA Practice

APRIL 12, 2023

A talent shortage is affecting accounting firms across the demographic spectrum. Each year fewer accountants enter the profession while more CPAs near retirement. According to the Association of International Certified Professional Accountants, the number of U.S. Specifically, educational hours and billable hours.

Account 136

Account accountant accounted CPA 136

CPA Practice

APRIL 26, 2023

Surgent Accounting & Financial Education , a division of KnowFully Learning Group, has launched CPArescue and CMArescue, custom-tailored exam preparation coaching programs specifically designed to transform a student’s accounting certification journey from failure to passing.

Education 59

Education cma Account accountant 59

Going Concern

MARCH 17, 2023

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs.

cpas 98

cpas Education Minnesota accounting degree 98

CPA Practice

AUGUST 8, 2023

Recruiting and employee retention have topped the priority list of businesses at large in the recent past, but for the accounting industry, it has been a primary focus for most of the last decade. Competition for accounting talent is fierce.

Account 88

Account accountant accounted Education 88

CPA Practice

APRIL 30, 2024

[ State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S.] 2024 and beyond The Oklahoma Society of CPAs has established goals and objectives for 2024 and beyond.

Oklahoma 110

Oklahoma cpas CPA Education 110

TaxConnex

MARCH 1, 2022

Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes. Accounting services are often, but not always, exempt.

South Dakota 192

South Dakota Sales Tax West Virginia 192

CPA Practice

SEPTEMBER 27, 2023

The American Institute of CPAs (AICPA) is supporting new bipartisan, bicameral legislation establishing the accounting profession as a STEM career pathway and supporting long-standing efforts to diversify the future accounting workforce. 1705, the STEM Education in Accounting Act. In the House of Representatives, H.R.

Account 104

Account accountant accounted cpas 104

RitaKeller

APRIL 4, 2023

The researchers felt that this was a major contributor to his coaching success, and it also makes perfect sense given that Wooden, at his core, always saw himself as an educator. If you are an experienced CPA working in public accounting, you have been teaching others for years. You should also see yourself as an educator.

Education 40

Education public accounting CPA Account 40

CPA Practice

MAY 26, 2023

The governing body of the American Institute of CPAs has endorsed the creation of a national strategy to boost the number of accounting graduates who enter the profession, as well as those who go on to obtain a CPA license. It also directed the organization to lead a united, profession-wide effort to achieve those aims. We share it.

Account 109

Account accountant accounted cpas 109

CPA Practice

JANUARY 9, 2024

The Indiana CPA Educational Foundation recently conducted a comprehensive survey of college accounting and business students to better understand their interests, influences, career aspirations and work expectations. What are Indiana’s college accounting and business students considering when it comes to building a career in Indiana?

Indiana 52

Indiana Education CPA public accounting 52

CPA Practice

SEPTEMBER 11, 2023

The Illinois CPA Society (ICPAS) is encouraging aspiring certified public accountants (CPAs) to apply for its 12th annual Mary T. Illinois-based racial and ethnic minority college students interested in pursuing careers in accounting and finance are encouraged to apply. 6, 2023, at www.icpas.org/mtww.

accounting internships 108

accounting internships Illinois Account accountant 108

CPA Practice

OCTOBER 12, 2023

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. in the 2021-22 school year, while those earned at public schools decreased 3.3%.

Account 112

Account accountant accounted cpas 112

CPA Practice

JANUARY 18, 2023

In an effort to support a racially and ethnically diverse student population and help strengthen the pipeline of diverse CPA talent, the Fordham University Gabelli School of Business has announced its collaboration with the Deloitte Foundation in the Deloitte Foundation Accounting Scholars Program (DFASP).

Account 119

Account accountant accounted Education 119

CPA Practice

MAY 24, 2023

The governing body of the American Institute of CPAs has endorsed the creation of a national strategy to boost the number of accounting graduates who enter the profession, as well as those who go on to obtain a CPA license. It also directed the organization to lead a united, profession-wide effort to achieve those aims. We share it.

Account 105

Account accountant accounted cpas 105

Going Concern

MAY 26, 2023

Last week, the AICPA released a revised pipeline acceleration plan , the goal of which is to get more young people into accounting to save the profession from extinction. AICPA CEO—Public Accounting Susan] Coffey said the state CPA societies’ role in helping address the pipeline is essential. Cue measured fanfare.

South Carolina 106

South Carolina Education CPA Account 106

Going Concern

AUGUST 30, 2023

Effective September 1, future CPAs can sit for the exam with 120 units of education. The Public Accountancy Act (effective September 1, 2023) and Board Rules require that you meet the new education requirements to take the CPA Exam. Before anyone gets too excited, note candidates still need 150 units for licensure.

Texas 126

Texas CPA cpas Education 126

Going Concern

JANUARY 3, 2024

We got a pitch from “GenAI customer support experts DevRev” via email today that says accountants are third most worried about advancements in AI according to an analysis of search data for terms like “how will AI affect __” and “will AI replace _.” You know what, never mind. Yeah, lawyers win.

Account 98

Account accountant accounted Real Estate 98

Going Concern

APRIL 22, 2024

Thomson Reuters writes about the National Pipeline Advisory Group (NPAG), one of the AICPA’s multi-faceted initiatives to address the accounting talent crisis. The accounting talent pipeline discussion in the press and social media has centered around the idea of modernizing the licensure requirements.

auditor 87

auditor Account accountant accounted 87

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.

Education 89

Education cpas CPA public accounting 89

CTP

NOVEMBER 15, 2023

The General Accounting Office estimates that Americans over-pay their taxes by almost a billion (yes, that’s billion) dollars each year! It takes a trained expert, with advanced education, specialization, and licensure to ensure the highest ethical standards and to protect you legally before the IRS! Search Directory 2.

tax planning 111

tax planning Tax tax preparation tax return 111

CPA Practice

AUGUST 8, 2023

The Massachusetts Society of Certified Public Accountants (MassCPAs) recently partnered with Suffolk University to host two cohorts of the Accounting Careers Exploratory (ACE) Leadership Program for 26 high school students across the state. MassCPAs has an established legacy of championing aspiring accounting students.

accounting careers 98

accounting careers Massachusetts Account accountant 98

CPA Practice

NOVEMBER 2, 2023

for a unique career awareness event aimed at inspiring and educating students about career opportunities in accounting. This collaborative effort is designed to foster interest in accounting careers and help dispel misconceptions often associated with the profession. TXAOM23.

cpas 59

cpas Texas accounting careers Account 59

CPA Practice

OCTOBER 20, 2023

A new study from the University of Florida revealed how financial fraud can play a surprising role in the struggling accounting labor force. Insights from these studies imply that fraud would create a negative stigma around the labor market for all business fields, and accounting in particular, but we find the opposite.

Account 105

Account accountant accounted Oregon 105

Going Concern

APRIL 16, 2024

See: Trump Media’s accounting firm has a 100% deficiency rate from U.S. Longtime Trump Organization accountants Mazars broke up with the former president’s company just days before Valentine’s Day 2022 and said in their breakup letter “the Statements of Financial Condition for Donald J.

auditor 95

auditor audit public accounting Colorado 95

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.

Account 72

Account accountant accounted public accounting 72

CPA Practice

APRIL 22, 2024

The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA profession through a variety of prestigious awards. Wolfe, Ltd. Mendoza, Ph.D.

Illinois 116

Illinois CPA Indiana audit 116

ThomsonReuters

JANUARY 18, 2024

Jump to: What are the roles and responsibilities for accountants? Accountant vs. CPA vs. tax preparer: What are the differences? GAAP and AICPA What issues should accountants be aware of in the profession? How can accountants be more efficient? Accountant responsibilities extend far beyond number crunching.

Account 59

Account accountant accounted tax preparation 59

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.

CPA 98

CPA New Jersey Account accountant 98

Going Concern

JUNE 20, 2023

It’s closer to $50 nowadays, thank you accountant shortage). an hour for afterschool shifts but in the real world it gets murkier, especially accounting for busy season. In public accounting, early progression is rarely based on merit, but rather on the passage of time. And there’s overtime! Maybe $60,000. LOOK AT THEM.

Account 95

Account accountant accounted public accounting 95

Going Concern

MAY 18, 2023

. “The detailed plan features input from a significant set of stakeholders and calls for those stakeholders to work together to increase the number of accounting graduates and the number of graduates who obtain CPA licensure,” reads the Journal of Accountancy article touting this new and improved pipeline acceleration plan.

Account 76

Account accountant accounted CPA 76