Going Concern
MAY 19, 2023
Each received the same set of questions, aimed at measuring what share of crypto’s upper echelon employs a third-party auditor and has an independent board. Around half of the businesses surveyed currently engage an independent auditor to assess their finances, the findings showed. Chinese companies switch auditors to avoid U.S.
Going Concern
MARCH 22, 2024
” Complying with the Corporate Transparency Act [ CPA Journal ] By now, CPAs should be aware of the Corporate Transparency Act (CTA), passed in 2021 and effective January 1, 2024. But until a deferral is confirmed, CPAs must consider which role they will serve for clients required to file when the CTA becomes effective.
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Going Concern
MAY 20, 2024
Thanks to the widespread distribution efforts, 7,780 accounting students, graduates, and young professionals under the age of 35 who were pursuing or had pursued accounting degrees and careers—including CPAs and non-CPAs—completed the survey, including 3,287 full- or part-time students. TL;DR It’s about time!
Going Concern
MAY 5, 2023
Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. The report says CPAs are generally paid more than non-CPAs, but the pay gap between the two shrinks when moving from entry-level to the manager level.
Going Concern
SEPTEMBER 22, 2023
The job security and the ability to have a comfortable life motivated me at first,” said Khokhar, who served as a senior accountant at two construction firms and senior auditor at an accounting firm. The AICPA often cites that the large pool of retiring Baby Boomers will leave a gaping hole in the supply of experienced CPAs.”
Going Concern
NOVEMBER 18, 2022
Two senators cited an EY report prepared for lobby group Master Builders Australia (MBA) and released during the May federal election campaign as evidence that dodgy modelling had been used to exaggerate the economic cost of disbanding the Australian Building and Construction Commission. After 1,600 auditors combed through DOD’s $3.5
CPA Practice
SEPTEMBER 19, 2023
The urgent message for CPA firm leaders is this: It’s already tough hiring and retaining CPAs , and the risk of losing staff at all levels of experience is high. So, be timely and specific when providing constructive criticism or praise to millennial employees, but also be strategic.
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