CPA Practice

FEBRUARY 7, 2023

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 Minnesota CPA and the MNCPA CPAPAC are offering CPA Day at the Capitol. For more information on the event and to register, visit the MNCPA events calendar.

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CPA Practice

MARCH 22, 2023

The Texas Senate unanimously passed a bill on Tuesday that would lower the eligibility requirement for CPA candidates to sit for the CPA exam from 150 semester credit hours to 120. Gov Patrick for passing one of TXCPAs priority legislation items of this session, which will help fuel the CPA pipeline. On to the House!!

Texas 128

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CPA Practice

MAY 18, 2023

The American Institute of CPAs has announced the 50 winners of the 2022 Elijah Watt Sells Award. This award is granted to CPA candidates who obtain a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, pass all four sections on their first attempt and have completed testing in 2022.

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Going Concern

OCTOBER 20, 2023

Local CPA weighs in on accountant shortage [ WMDT ] The Salisbury, MD news spoke to a UHY partner about the issue. Accounting enrollment for the past 10 years has been declining by 16.9% TowerBrook and Eisner plan to continue acquiring regional accounting firms or partnerships. Welsh said.

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Going Concern

MARCH 22, 2024

The decision was backed by a partner vote, following a first three years dominated by efforts to repair the firm’s reputation in the wake of a series of scandals. She made general manager at 29 with a CPA [ eFinancialCareers ] Many young professionals begin to eye managerial posts as they approach their 30s – but Shanny Lee (CPA, Aust.)

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Going Concern

DECEMBER 13, 2023

Let’s Start the Year Off With Some Doomsaying Predictions For the Profession in 2023 Jack Castonguay, PhD, CPA (who is currently boycotting Twitter but whose back catalog can be found at @profjack ) tweeted these predictions, or and commentary in brackets added by me. Yes, let’s. It’s back now.

Minnesota 98

Minnesota CPA Start-ups audit 98

Going Concern

MARCH 15, 2024

EY’s new boss shuffles leadership roles and plans cost cuts [ Financial Times ] EY’s new boss Janet Truncale has set out her leadership team for the Big Four accounting firm, moving an architect of its failed split from his executive role and signalling plans to cut costs across the global firm.

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Going Concern

MARCH 11, 2024

Minnesota’s proposal to add a second pathway to CPA licensure that doesn’t require 150 hours of education is moving forward in the MN Senate. This bill is the pipeline for the life of our firm.” But they are stepping forward in Minnesota to challenge national organizations with a grip on their industry.

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audit Minnesota Account accountant 62

CPA Practice

MAY 14, 2024

After formally presenting its six recommendations that address the accounting talent shortage at AICPA Council next week, NPAG will issue a final report in July that includes the results of its survey of students, employers, and other stakeholders in the profession. Coffey told CPA Practice Advisor.

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CPA Practice

JUNE 6, 2023

A wealth management firm, which had more than $210 billion in combined assets under management and advisement as of Dec. 31, 2022, went shopping recently and bought itself one of the 100 largest accounting firms in the U.S. 3 on Barron’s Top 100 Registered Investment Advisor Firms for 2022 , acquired St.

South Dakota 52

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CPA Practice

JUNE 6, 2023

A wealth management firm, which had more than $210 billion in combined assets under management and advisement as of Dec. 31, 2022, went shopping recently and bought itself one of the 100 largest accounting firms in the U.S. Yesterday’s] deal is a first of its kind in the accounting profession!

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South Dakota cpa firm Nebraska Iowa 52

Going Concern

JANUARY 22, 2024

I don’t mean that in the snarky “tell us again how you walked uphill both ways in the snow to the CPA exam testing gym” way. They made the intermediate accounting curriculum harder than it needed to be and used junior professors who weren't as experienced to make the class even harder. Check the thread.

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intermediate accounting Minnesota Account accountant 57

CPA Practice

JUNE 1, 2023

(NABA) National Association of Enrolled Agents (NAEA) National Association of Tax Professionals (NATP) National Conference of CPA Practitioners (NCCPAP) National Society of Accountants (NSA) National Society of Black Certified Public Accountants, Inc.

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Going Concern

SEPTEMBER 1, 2023

Talent Accounting Research Seeks to Find Solutions for Talent Shortage [ EIN Presswire ] The Center for Accounting Transformation, in collaboration with CPA Trendlines, is undergoing Staffing Strategies Research to understand how to address the talent shortage and identify workable solutions for firms and organizations of all sizes.

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Account accountant accounted audit 106

CPA Practice

DECEMBER 28, 2023

The document includes background information and a compliance checklist for CPAs to determine the impact on them if a state unilaterally changes its requirements necessary for licensure. In calling for the formation of NPAG this past May, the AICPA governing Council also emphasized the importance of preserving CPA mobility.

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cpas accounting and finance CPA South Carolina 59

Going Concern

OCTOBER 30, 2023

PwC has picked the head of its international advisory business, Mohamed Kande, to be its next chair, putting the Big Four accounting firm in the hands of a consulting partner. Kande’s selection by PwC’s global board was revealed to the firm’s partners on Monday, according to people familiar with the internal message.

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Account accountant accounted auditor 99

Going Concern

SEPTEMBER 2, 2022

KPMG UK unveils executive committee reshuffle [ Accountancy Today ] KPMG UK has announced a raft of new executive committee appointments, effective 1 October, which will reportedly support its strategy and growth under Jon Holt’s leadership. Accounting Firm M&A. What Reddit’s Been Up To This Week.

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Going Concern

AUGUST 7, 2023

The program blends rigorous online learning with on-the-job professional experience for college accounting graduates, offering a less costly and more flexible way to complete the 150-hour course credit requirement to become a licensed CPA. Kindre – Staff Accountant 3. Tyler – Tax & Accounting Intern 4. From City A.M.

Account 52

Account accountant accounted audit 52

CPA Practice

JANUARY 2, 2024

The document includes background information and a compliance checklist for CPAs to determine the impact on them if a state unilaterally changes its requirements necessary for licensure. In calling for the formation of NPAG this past May, the AICPA governing Council also emphasized the importance of preserving CPA mobility.

cpas 40

cpas accounting and finance CPA South Carolina 40

CPA Practice

JANUARY 17, 2024

While not first, accountants were the third-most worried about AI, according to the study. DevRev said, “AI is used in accounting firms to generate financial reports and arrange expenses efficiently.

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North Dakota Rhode Island West Virginia South Dakota 58

Going Concern

SEPTEMBER 25, 2023

He also failed to pay over $1 million in outstanding tax debts he and his accounting firm, Carter’s Tax Advisory, owed. Attorney’s Office, District of Minnesota ] David Efrem Katz, 56, worked for D&A from approximately 1998 to 2017, starting as an accountant and eventually becoming CFO. It was inappropriate.”

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tax preparation Gambling Account accountant 99

Anders CPA

DECEMBER 1, 2023

Are you curious about the ins and outs of the cannabis industry and how your firm can offer services? In this podcast episode from the Summit Virtual CFO by Anders Modern CPA Success Show , Tom Wadelton and Jody Grunden interview one of their own, Guillermo Rodriguez , Virtual CFO and Cannabis Industry leader for Summit Virtual CFO by Anders.

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Start-ups Legal Non-Profits CPA 52