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Updated CPA Pipeline Report Show Top Reasons Some Decide Not to Pursue Credential

CPA Practice

Unveiling the findings of its previously announced research into the decreasing supply of new certified public accountants (CPAs), the Illinois CPA Society (ICPAS)—one of the largest state CPA societies in the nation—is pleased to release its 2024 Insight Special Feature, “Re-Decoding the Decline: An Updated CPA Pipeline Report.”

CPA 118
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The Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Up

Going Concern

Except in the case of 90s rapper beefs, Tupac and Biggie were equally popular stars whereas in this case the AICPA encompasses the entirety of the profession in the United States versus Minnesota CPAs and the society that serves them. CPAs would need to hold multiple licenses and incur additional expenses.

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Episode 068: A conversation with Allan Koltin

BuildYourFirm

Koltin was also voted one of the 10 Most Recommended Consultants for the sixteenth straight year in the “Annual Survey of Firms” conducted by INSIDE Public Accounting. For the past six years, Allan has also been named by CPA Practice Advisor as one of the Top 25 Thought Leaders in the profession.

Wisconsin 168
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The Talent Pool Is Shrinking

RitaKeller

I received the following press release from the Illinois CPA Society. They are unveiling the findings from research they have done relating to the decline in CPA candidates. Share your partners’ salaries with your future CPAs and with college students you talk to or interview. ” – Victoria Arlen.

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This Accountant Shortage Nonsense Reeks of Deja Vu

Going Concern

From the JofA piece: One of the early warning signs that major changes in accounting education were needed came when major CPA firms reengineered themselves as “professional services” rather than “public accounting” firms. OH MY GOD this could have been written in 2022. Which is to say, we done been knew.

Account 59
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Friday Footnotes: The PCAOB-to-Practice Pipeline and Audit Quality; Ball Extension; Tim Ryan’s Replacement | 1.12.24

Going Concern

” Two Tax Shelter Promoters Sentenced to 25 Years and 23 Years in Billion-Dollar Syndicated Conservation Easement Tax Scheme; Two More CPAs Plead Guilty [ Department of Justice ] Two men were sentenced Tuesday for crimes arising from their organization, promotion and sale of abusive syndicated conservation easement tax shelters.

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Texas Close to Allowing CPA Candidates to Test with 120 Credits

CPA Practice

There has been much debate in certain corners of the accounting profession lately about whether the 150-hour rule for CPA licensure has contributed to the pipeline of accountants drying up in recent years —that and the subpar starting pay in public accounting and the long hours required to work, especially during busy season.

Texas 128