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Can AI Pass the CPA Exam? Groundbreaking Study Reveals Surprising Potential and Limitations

CPA Practice

In a landmark experiment, researchers at AIGENCY have tested the limits of artificial intelligence (AI) by challenging state-of-the-art AI models with the rigorous Certified Public Accountant (CPA) exam. Their study, “Can LLMs Pass the CPA Exam? The criterion for success was a passing score (75%).

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Public Accounting Starting Salaries Expected to Increase Nearly 4% in 2024

CPA Practice

in 2024, while audit and assurance services will see starting salaries likely go up an average of 3.8% next year, according to a CPA Practice Advisor analysis of public accounting pay data provided by specialized staffing firm Robert Half. Audit and assurance services Senior manager/managing director: 4% Manager: 9.4%

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Illinois CPA Society Announces 2024 Outstanding Leadership Award Recipients

CPA Practice

The Illinois CPA Society (ICPAS)—one of the largest state societies serving the certified public accountant (CPA) community—has announced the honorees of its annual Outstanding Leadership Awards program, which celebrates distinguished leaders within the CPA profession through a variety of prestigious awards.

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2024 Projected Public Accounting Salaries in Eight HCOL Cities

CPA Practice

Public accounting starting salaries for 2024 are expected to range between 7% and 38% higher than the national averages in eight of the top 10 cities in the U.S. Last week, specialized staffing firm Robert Half released its 2024 Salary Guide , and an analysis of the pay data by CPA Practice Advisor revealed a 3.6% by profession.

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State CPA Society News & Updates – May 2024

CPA Practice

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Illinois CPA Society (ICPAS) , one of the largest CPA societies in the U.S., Wolfe, CPA | Owner, Larry J. Wolfe, Ltd. Experienced Leaders • Anna C.

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State CPA Society News & Updates – September 2023

CPA Practice

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. Accounting & Auditing Conference – November 9, 2023 at the WICPA offices in Waukesha, Wisconsin. The conference will also be livestreamed.

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Public Accounting Salaries Expected to Rise 4.9% in 2024

CPA Practice

Base pay for 11 positions in public accounting is projected to rise 4.9% next year, according to a CPA Practice Advisor analysis of salary data provided by LHH Recruitment Solutions. According to LHH, there is more optimism heading into 2024 than there was this time last year as 2023 approached.