article thumbnail

AICPA Says it Has a Plan to Fix the CPA Talent Shortage

CPA Practice

One of the biggest questions currently being asked by many throughout the accounting profession is, “How can we make accounting more appealing to students?” There’s plenty of accounting jobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years.

CPA 98
article thumbnail

Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

The risk proved successful and helped Deloitte improve its operations even as it contributed to earning Abrash recognition as one of the American Institute of Certified Public Accountants’ 2022 Most Powerful Women in Accounting. Accounting Firm Mergers. Forvis names Fran Randall to governing board [ Virginia Business ].

audit 80
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Guide to accountant responsibilities

ThomsonReuters

Additionally, depending on the type of firm, accountants may be involved in more advisory-centric responsibilities, such as analyzing financial data and providing clients with strategic guidance and recommendations on how to reduce costs and boost profitability. They also need one year of accounting-related work experience.

Account 59
article thumbnail

Friday Footnotes: EY Money Troubles; Fast Food > Public Accounting; From Athlete to Associate; | 12.16.22

Going Concern

The Australian government paid Deloitte more than $324 million last financial year, representing a staggering $130 million or 67 per cent increase in federal outsourcing to the company since the pandemic began. BDO Governance Lapses Detailed in Expanded Inspection Reports [ Bloomberg Tax ]. Find out in this short quiz.

article thumbnail

Which Are the Most In-Demand Accounting Jobs Right Now?

Snyder

Now, it’s kind of difficult to predict where you’ll end up but there are certain jobs that’ll always be in demand, in particular accounting jobs. In the following article, you’ll find out why the accounting field is worth pursuing and which jobs are in demand with some of the highest salaries across the industries.

article thumbnail

Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

But these issues are matched, and possibly exasperated, by a litany of broader industry challenges: a still-decreasing pipeline of future accountants, potential shakeups to the partnership model, artificial intelligence, and defending the relevance of the auditing industry. The need for business model transformation in accounting firms.

audit 109
article thumbnail

Friday Footnotes: Where the Audit Jobs Are; Big BDO Hires; A New Gig For PwC Alum | 9.9.22

Going Concern

Last published in 2018, Deloitte’s “Audit Committee Guide” provides a first-hand look at the latest requirements and an explanation of the shifting roles and responsibilities of audit committee members, especially in emerging areas such as environmental, social, and governance issues, including cybersecurity.

audit 98