CPA Practice

NOVEMBER 10, 2023

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.] However, there has been a slight pickup of pre-CPAs, which has been encouraging.

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CPA Practice

JANUARY 3, 2024

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. The California Society of CPAs is hosting the Real Estate Virtual Conference on January 30, 2024. The Illinois CPA Society is hosting a Corporate Finance Conference.

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CPA Practice

NOVEMBER 29, 2023

Founded in 1897, the Pennsylvania Institute of Certified Public Accountants (PICPA) is the second-oldest CPA organization in the U.S. PICPA actively supports both current and future CPAs, providing educational opportunities, networking, and volunteer opportunities. Cryder, the current CEO of PICPA.

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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.

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Going Concern

NOVEMBER 10, 2023

Almost 8 in 10 accounting and STEM students surveyed believe an accounting career will deliver long-term value and 34 percent of the students see a career in accounting as a steppingstone to other leadership opportunities. That’s all great.

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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.

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CPA Practice

JANUARY 25, 2023

In addition to its existing AuditClub Chiefs passes, the company now offers its AuditClub Crew passes for CPA firms and companies to access virtual crew members with up to six years of experience who perform and review audit procedures based on a member’s solutions requests. We continue our mission to make accounting and auditing better.

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Accounting Insight

FEBRUARY 20, 2023

Several factors contribute to the shortage, like mid-career CPAs changing professions, or early retirements spurred by the pandemic. But why has the accounting profession become so unattractive? We’ve gathered three reasons for the shortage of accountants, as well as solutions for CPA firms to consider.

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CPA Practice

JUNE 6, 2023

Lindsay Stevenson, CPA, CGMA 2023 Most Powerful Women in Accounting Chief Transformation Officer BPM How do you envision the accounting profession evolving in the foreseeable future for women? What advice would you give to women college students about preparing for a career in the accounting profession?

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CPA Practice

NOVEMBER 2, 2023

The Texas Society of CPAs is collaborating with the American Institute of CPAs and other state CPA societies throughout the U.S. for a unique career awareness event aimed at inspiring and educating students about career opportunities in accounting.

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Going Concern

MAY 12, 2023

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

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Going Concern

JANUARY 19, 2024

As the profession evolves, the profession’s gatekeepers are tasked with periodic review of the requirements to become a CPA. This is how BEC got killed off and we ended up with CPA Evolution , because the necessary entry-level knowledge of a CPA today is much different from that of a CPA 15 years ago. Reasonable.

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CPA Practice

MAY 24, 2023

Ramsey, CPA, CGMA, PMP, NACD.DC, Vice President, Sarbanes/Oxley for Kaiser Foundation Health Plan, Inc., and Kaiser Foundation Hospitals, is the new chair of the American Institute of CPAs (AICPA). Carla McCall, CPA, CGMA, managing partner of Alexander Aronson Finning CPAs, was voted in as the AICPA’s vice chair. “And

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CPA Practice

JUNE 6, 2023

Participants of the 2023 Accounting Think Tank were purposed with engaging with their colleagues and openly discuss issues that may have significant benefit, detriment or other effects on professionals. The goal of enhancing the image of the profession among students, and elevating the appeal of accounting careers, was a notable focus.

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Going Concern

DECEMBER 9, 2022

The Michigan Association of CPAs is calling all potential young accountants, CFOs and financial advisors. What the MICPA is doing is to raise awareness of what the certified public accountant profession is. What the MICPA is doing is to raise awareness of what the certified public accountant profession is. One last thing!

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Nancy McClelland, LLC

JANUARY 20, 2024

Three Main Themes , as outlined by the producers: Integrating passions and work: The importance of integrating passion and personal interests into professional work, as seen through Nancy McClelland’s incorporation of dancing into her accounting career. You can thank me later.

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Going Concern

AUGUST 17, 2023

Adamant that there is no way the burden of 150 units for CPA licensure will ever be rolled back to 120, the AICPA and NASBA have scored a second school-firm collaboration for their CPA Pathway Apprenticeship initiative: Seton Hall University and Withum. The program trades work in the field for credits toward 150.

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Going Concern

FEBRUARY 2, 2023

There’s another article about the accountant shortage today and this time it’s in Insider. Advancing technology in the sector, raising awareness about accounting careers, increasing diversity, and changing the profession’s image are some of the ways they’re tackling the challenge.

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Anders CPA

JANUARY 2, 2024

Huff, CPA and Joshua L. Snyder, CPA in Tax and Clay M. Kniepmann, JD, CPA/CFF/ABV, CFE in Forensic, Valuation and Litigation to principals at the firm. Ryan, Josh and Clay have earned their principal titles by going above and beyond to exhibit technical and leadership acumen throughout their careers.

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CPA Practice

JULY 5, 2023

Liren Wei, CPA, CGMA, managing partner of Wei, Wei & Co., LLP in Flushing, New York, began his one-year term as president of the New York State Society of CPAs ( NYSSCPA ) on June 1, making him the 104th president of the NYSSCPA. Wei began his accounting career 29 years ago as an entry-level staff accountant.

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Going Concern

FEBRUARY 23, 2023

And here’s one from the Illinois CPA Society based on what they’ve heard from their members: What we hear among our members: retaining existing staff, lack of support for pursuing the CPA credential, and DEI challenges. We suspect that were accounting firms to raise salaries in a significant way, talent would follow.

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CPA Practice

FEBRUARY 6, 2024

CPA firms of all sizes and practice types could choose to recruit entry-level hires into the program. The program is also open to companies, not-for-profits, and government employers who hire CPA-track staff. Win STEM recognition for accounting Interest in professional careers starts with exposure and awareness.

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Anders CPA

JULY 18, 2023

Huber, retired tax partner at Anders CPAs + Advisors, passed away on July 13, 2023 surrounded by his loving family. Jim started his public accounting career in 1974 working at the firm his father, William Huber, founded in 1965, Huber, Ring, Wolling & Co. Huber appeared first on Anders CPA. Vincent de Paul, and St.

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CPA Practice

DECEMBER 20, 2023

The accounting career path is ripe with opportunity. Accountants are in demand, with demand projected to grow in the coming years. This surge creates endless options and vibrant futures for those on the accounting career track.

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Going Concern

AUGUST 24, 2022

A branch of accounting literature argues that such stereotypes are costly to the profession because they reduce the number, quality, and diversity of people selecting into accounting careers (Baldvinsdottir et al. 4) and CPA firms have exceptionally high employee turnover (CPA Journal 2018). 2003, Chen et al.

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CPA Practice

MAY 28, 2023

Ramsey, CPA, CGMA, PMP, NACD.DC, Vice President, Sarbanes/Oxley for Kaiser Foundation Health Plan, Inc., and Kaiser Foundation Hospitals, is the new chair of the American Institute of CPAs (AICPA). Carla McCall, CPA, CGMA, managing partner of AAFCPAs , was voted in as the AICPA’s vice chair. “And Ramsey, CPA.

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ThomsonReuters

JULY 6, 2023

But for individuals who’ve already chosen an accounting career path, there lies an opportunity to capitalize on a changing landscape and make your mark in a profession that’s in demand, but in a new way. What career can an accountant switch to?

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Going Concern

MARCH 22, 2024

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. I wanted an adventure.”

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CPA Practice

OCTOBER 19, 2023

The group’s mission is to use a data-driven, highly collaborative and inclusive approach to tackle issues that have led to declining numbers of accounting graduates and CPA candidates. So let’s rise to the challenge on this together.”

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Going Concern

AUGUST 29, 2023

When I talk to students about their biggest concerns in pursuing an accounting degree and a career in public accounting, they typically point to four misconceptions: lack of work-life balance, the difficulty of the CPA exam, lower pay compared to other financial career paths, and lack of excitement in the work.

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Accounting Today

AUGUST 17, 2023

The work-for-credit program will help young accountants get their 150 hours.

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CPA Practice

NOVEMBER 6, 2023

The five-point action plan, introduced by OSCPA’s Chief Learning Officer Tiffany Crosby, CPA, consists of identifying societal changes that affect the accounting profession, providing a set of reimagined CPA pathways and showcasing a dramatically different narrative aimed at attracting the next generation of professionals.

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Going Concern

APRIL 5, 2024

CPA licensure program off to ‘promising’ start [ Journal of Accountancy ] 38 people huh? The Experience, Learn & Earn (ELE) program, a pilot program designed to help accounting graduates earn required academic credits for CPA licensure, has received early positive reviews.

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Going Concern

OCTOBER 16, 2023

.” Accounting has been taking a beating in the public square recently, with a steady drumbeat of news about the decline of people either entering or exiting the profession. Our talent challenges are real, but perspective about the opportunities and appeal of an accounting career has been lacking.

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CPA Practice

MARCH 18, 2024

Experts from around the United States will offer insight into academic, career and licensure options. Students who apply should be enrolled as an undergraduate or graduate student, be an accounting major or have expressed an interest in an accounting career, and identify as an ethnic minority.

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CPA Practice

DECEMBER 11, 2023

The additional year of college education required for CPA exam eligibility adds to the financial strain, further diminishing the attractiveness of an accounting career to potential entrants. Many accounting firm owners, in an attempt to maximize profits, have historically kept staff wages relatively low.

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CPA Practice

MARCH 21, 2024

Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Rising through the ranks at the firm, his career path later took him to London, New York, and Munich serving as EY Global’s director of capital markets, as well as EY’s U.S. chief accountant.

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