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CPAs Provide Six Ways to Replenish the Talent Pipeline

CPA Practice

As the accounting profession continues to grapple with a shortage of new CPAs and fewer accounting graduates , an independent national advisory group has published six draft recommendations in a new report on what the profession can do to restock its pipeline with young talent.

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State CPA Societies in Action: Pennsylvania Institute of CPAs

CPA Practice

PICPA actively supports both current and future CPAs, providing educational opportunities, networking, and volunteer opportunities. PICPA also serves as the voice of the CPA profession through advocacy efforts in the state legislature. Beyond this, we advocate for policies that make sense for CPAs and the businesses they serve.

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State CPA Society News & Updates – June 2023

CPA Practice

The AICPA Leadership Academy was designed to strengthen and expand the leadership skills of promising young professionals while they network with a peer group of talented and motivated CPAs. It features career-development workshops and sessions with some of the accounting profession’s most prominent influencers.

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Accounting Advisory Panel Releases Action Plan to Address Talent Shortage in Profession

CPA Practice

The proposals fall within six broad themes and target audiences that range from high school students to accounting professionals who have spent five years or less on the job. The high-level recommendations from the group are: Address the cost and time of education. Make the academic experience more engaging. Tell a better story.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri.

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AICPA Says it Has a Plan to Fix the CPA Talent Shortage

CPA Practice

But modest starting salaries , horrible work/life balance (especially in public accounting), and time-consuming and strict requirements to obtain CPA licensure have resulted in declining student interest in accounting careers—thus creating a talent shortage in the profession.

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Friday Footnotes: RSM Layoffs; The Leader Who Cried On His First Day; Advisory Pays Better (Duh) | 5.5.23

Going Concern

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. On day one.

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