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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Day will join the FASB from Ernst & Young LLP (EY), the global accounting and professional services firm, where he is a partner working in Professional Practice. Mr. Day has spent most of his 38-year accounting career at EY, which he initially joined in 1986 on the audit staff in St. Louis, Missouri.

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23

Going Concern

Mendlowitz establishes scholarship at Baruch [ Accounting Today ] Ed Mendlowitz, an emeritus partner at Top 100 Firm Withum and widely respected figure in the accounting profession, has established the Mendlowitz Family Scholarship at Baruch College. Both Mendlowitz and his father, also a CPA, attended the CUNY school.

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Here Are Even More 2024 Accounting Salary Projections

Going Concern

Employers will need to reward employees who earn CPAs, CFAs, and CFPs or risk losing them to competitors. Now that you bravely skimmed four entire paragraphs of icky words, here are national average salaries for various accounting positions according to the report. To keep things simple, we’ll stick to the tax and audit roles.

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Capacity Plus Capability: How Co-Sourcing Can Help Overcome the CPA Shortage and Restore Confidence in the Financial Markets

Cherry Bekaert

It is clear these mistakes are due to a shortage of accountants. may be down around 340,000 CPAs going into 2025. Beyond adding strength to your bench with a qualified CPA, the right co-sourcing partner also brings powerful industry subject matter knowledge to the table.

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CPAClub Launches CPA Matchmaking, Opens Membership Model to Private and Public Companies

CPA Practice

CPAClub has launched new solutions designed to transform the landscape of accounting, advisory, audit and assurance services for private and public companies. Innovative Solutions for Modern Challenges Corporate accounting and internal audit departments are navigating an increasingly complex and high-pressure business environment.

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150 Hour Rule: Let’s Keep Arguing About What Color the Drapes Should Be While the House is Burning Down

Going Concern

To summarize most of the article: barrier to entry, US workforce hemorrhaged 334,000 accountants and auditors in two years, pipeline pipeline pipeline, blah blah. And some Big 4 people who didn’t want to be named: “The 150-hour rule has prevented many talented folks from joining the profession,” said one Big Four audit executive.

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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

In the column he referenced this ancient document (August 1993) entitled “The case for non-CPA owners in CPA firms.” Do firms want non-CPAs to be part of the ownership ranks, or is this strictly a rhetorical question? According to EY, she resigned as partner and never worked on the Asda audit.

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