Going Concern

FEBRUARY 17, 2023

It was only a couple days ago that the Journal of Accountancy published an interview with NASBA CEO and President Ken Bishop in which Bishop sternly warns states against even thinking about lowering the CPA licensure requirement to 120 units, something something mobility blah blah. note: We agree.

Minnesota 111

Minnesota CPA Education cpas 111

Going Concern

FEBRUARY 24, 2023

That’s sort of what’s happening in the profession right now over proposed legislation in Minnesota that offers an alternative to the traditional 150 units of education required for licensure. That’s not to say Minnesota sucks, rather they are going up against the behemoth that is the AICPA.

Minnesota 96

Minnesota Illinois cpas CPA 96

Going Concern

MARCH 17, 2023

Minnesota Society of CPAs has sent a message to educators in the state regarding legislation that would introduce an alternative pathway to CPA licensure and the message to these stewards of the next generation of accountants is clear: no one is trying to eliminate MAcc programs.

cpas 98

cpas Education Minnesota accounting degree 98

Going Concern

MARCH 22, 2024

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.) But until a deferral is confirmed, CPAs must consider which role they will serve for clients required to file when the CTA becomes effective.

Minnesota 94

Minnesota cpas audit CPA 94

Going Concern

SEPTEMBER 6, 2023

Rather, how dueling factions within the profession are fighting for and against keeping it as the only option to CPA licensure. 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. This has been my challenge with Minnesota.

Minnesota 108

Minnesota South Carolina auditor Education 108

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. The work continues to grow but the supply of CPAs to do the work isn’t keeping up. … EY laid off 150 people three days before Christmas last year. We need to move forward.

audit 64

audit Minnesota Account accountant 64

Going Concern

JULY 24, 2023

Chief amongst their reasons was a lack of passion, followed by higher starting salaries for other majors and not wanting to pursue the additional academic hours necessary to become a CPA (i.e., To be sure, these students see the CPA license as a valuable certification, but they don’t view it as worthwhile to pursue.

Account 97

Account accountant accounted CPA 97