CPA Practice

MAY 18, 2023

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.

CPA 98

CPA auditor cpas cpa firm 98

Going Concern

OCTOBER 16, 2023

The issue is one of the industry’s main concerns, along with macroeconomic volatility and cyber threats. The AICPA’s Sue Coffey wrote an opinion piece for Accounting Today. Our talent challenges are real, but perspective about the opportunities and appeal of an accounting career has been lacking. Who is it??

Account 70

Account accountant accounted Tax 70

Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. Following is a summary of the key areas of comment.

audit 100

audit Colorado CPA Texas 100

Going Concern

FEBRUARY 23, 2023

We suspect that were accounting firms to raise salaries in a significant way, talent would follow. Because salaries did not budge much over the past 15 years and because workloads became heavier and heavier as the years wore on, the perceived value of an accounting career eroded more and more with each passing year.

CPA 77

CPA Illinois Account accountant 77

Going Concern

JANUARY 16, 2023

The main objective is to check whether there are any overtime hours for which employees have not been paid or received subsequent time off,” the ministry said, noting it was concerned about compliance with both labour and social security law.

Account 88

Account accountant accounted auditor 88

Going Concern

JULY 1, 2022

There will always be problems with the concept of an independent audit when the auditors are being paid by the auditee. But I assert that there’s nowhere better to start an accounting career than at a Big 4 firm. Stay = Best at memorizing audit standards. Unless the people do something stupid , then yeah, sure.

Account 57

Account accountant accounted audit 57