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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

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs.

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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.

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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. There were about 1.65

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This One Chart Shows Just How Boned the Accounting Profession Is

Going Concern

In it, questions are tossed out about how accounting education will change along with the ambitious CPA exam overhaul, with concerns raised about the graduates who will apply their pre-Evolution education to a post-Evolution exam. Master’s degree in computer science master’s programs increased 76% during the same period.

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Revitalizing the Accounting Talent Pipeline

CPA Practice

Couple the fierce competition and the obvious deterrents with an increasing shortage of accounting majors, and you’ve created a talent crisis and potentially jeopardized the industry’s future. Some graduates have also been found to enter consulting or finance roles, seeking a quicker payday, leaving accounting firms in a difficult position.

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Number of Accounting Grads Continues to Shrink

CPA Practice

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. The number of students earning U.S. and 8.4%, respectively.

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State CPA Society News & Updates – June 2023

CPA Practice

The Society will award the $5,000 scholarship each year to a deserving undergraduate or graduate student pursuing an accounting degree in Massachusetts. Scholarship recipients are selected through a competitive application process by the Board of Directors of the Society’s Educational Foundation.

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