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Our Obsession with Hours Is Destroying the Accounting Profession

CPA Practice

However, this focus on numerical indicators is contributing to the decline of the CPA profession itself. A talent shortage is affecting accounting firms across the demographic spectrum. Each year fewer accountants enter the profession while more CPAs near retirement. Has the CPA license entered a death spiral?

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KROST Industry Magazine: The Sports & Entertainment, Vol. 5 Issue 2, is Now Available!

KROST

The Sports & Entertainment Issue highlights some of the hot topics in the sports & entertainment industry including tax issues for athletes, estate & trust planning, Client Accounting Services, and more. The post KROST Industry Magazine: The Sports & Entertainment, Vol. 5 Issue 2, is Now Available!

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Episode 068: A conversation with Allan Koltin

BuildYourFirm

For twenty consecutive years, Allan has been named by Accounting Today as one of the Top 100 Most Influential People in the accounting profession. Koltin was also voted one of the 10 Most Recommended Consultants for the sixteenth straight year in the “Annual Survey of Firms” conducted by INSIDE Public Accounting.

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Keeping Them

RitaKeller

You have worked on being a unique firm. You will do almost anything (within reason) to attract college accounting majors and experienced accountants. Young people hear applause when they take their first step, when they play soccer, when they perform ballet, when they are in marching band or sports or drama club.

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Friday Footnotes: How Are Firms Actually Using Data Analytics?; KPMG and BDO on the Move | 9.15.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Happy National Leave Your Accountant the F**k Alone Day , everyone! The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Tuesday, September 19, 2023, at 10:00 a.m.

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Friday Footnotes: Tim Ryan Is Leaving PwC; Ditch the Deloitte Polo; KPMG Gung-Ho on RTO? | 10.13.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Your work as an accountant is basically a 9 to 5 job. CPA firm profits and revenues jumped last year [ Accounting Today ] Accounting firms experienced a median growth rate of 9.1%

audit 117
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Keep Your Eye On The Ball

RitaKeller

Today’s title applies to several sports. It also applies to partners (especially the managing partner) in accounting firms. Managing an accounting firm requires you to keep your “eye on the ball” throughout the year, not just during busy season. You expect the firm to run smoothly without you.