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How Much Should Public Accounting Starting Salaries Be to Make Public Accounting Starting Salaries Less Awful?

Going Concern

Let’s talk about starting salaries in public accounting. Let’s assume a student has an undergraduate accounting degree, a MAcc degree, and has passed all 4 sections of CPA exam. Accounting. — Starting salaries in #accounting have gone from B school leaders to laggards. 55K isn’t it.

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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

More generally, accounting talent pool concerns are pressing even for accounting firms , as enrollment rates of accounting students continue to fall. The accounting education pipeline is drier than ever even as accounting degrees require many additional course hours. Are they experienced with auditors?

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This One Chart Shows Just How Boned the Accounting Profession Is

Going Concern

The authors compared accounting degrees to computer science degrees completed in the state of New York between 2010 and 2020 which is how we ended up with this chode. The clear conclusion is that there has been a declining trend in the number of accounting degrees awarded in New York over recent years.

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MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.”

Going Concern

When evaluating the decision to pursue legislation, the MNCPA board focused on attracting students to the accounting degree and, ultimately, CPA certification. A meeting with Julie Blaha, the Minnesota state auditor, confirmed this issue in Minnesota.

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Friday Footnotes: The Metaverse’s First CPA Firm Gets Sued; CPA Exam Blueprints; Mad Mergers | 1.6.23

Going Concern

Bureau of Labor Statistics reported Friday, but employment in accounting and bookkeeping services fell by 1,100 jobs. Money Diary: A Senior External Auditor On 54k [ Refinery29 ]. “I’m 27 years old and currently working as a senior external auditor at an accounting firm in London. Other Stuff.

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The Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Up

Going Concern

For public accounting firms in Minnesota: Minnesota public accounting firms, no longer being able to practice freely across state lines, would need to provide advance notice and gain a practice permit before signing any client engagement agreement or providing any public accounting service.

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Friday Footnotes: ‘KPMG Did Not Know What They Were Doing’; Are You Boring?; PCAOB Warns About Confirmations | 3.25.22

Going Concern

The new publication includes some observations from PCAOB staff about how firms are leaning on such providers and suggests procedures for auditors to follow as they plan and perform audits. Louis also held himself out to be an accountant who prepared tax returns for pay or as a favor to friends. PCAOB Spotlight PDF here.