article thumbnail

CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline

CPA Practice

Pretty much overwhelmingly they said it was because you have to have an accounting degree and a CPA, which isn’t true. But they also overwhelming said it’s boring, it’s stuffy, you do taxes or audit. There’s a lot more to it than doing audit and tax. You don’t have to be a CPA.

cpa firm 105
article thumbnail

College Accounting Programs Are Taxpayer-Funded Training Programs for the Big 4 and Other Such Muckraking

Going Concern

The need for formal financial statements is rare because lenders realize the high cost of audited financials is not beneficial to either party, so usually a tax return or basic prepared or compiled financial statement is provided. auditing requirements in its component audits of U.S. June 28, 2022. This is not a bad thing.