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.

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CPA Practice

APRIL 29, 2024

That’s according to the results of a new report ‘ Fueling the Internal Audit Student Talent Pipeline: Perspectives from Educators and Practitioners’ released at the Global Student Conference by the Internal Audit Foundation, sponsored by Deloitte. We’ve seen that play out with many CAEs holding a CPA license,” said Pugliese.

audit 111

audit Education auditor Technology 111

Going Concern

JUNE 29, 2022

With the EY cheating scandal making headlines even outside of our precious little accountosphere we decided to take a look at the full SEC order to answer the question — how and why were EY auditors cheating on CPE exams? The long and short of it is, EY auditors trying to shortcut CPE took advantage of a software exploit.

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auditor audit CPA accounting principles 115

CPA Practice

APRIL 12, 2023

By Blake Oliver, CPA, and Chris Vanover, CPA. CPAs have always been passionate about numbers, using various metrics such as revenue, profit, headcount and realization to measure success. However, this focus on numerical indicators is contributing to the decline of the CPA profession itself.

Account 136

Account accountant accounted Education 136

Going Concern

MAY 16, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 59

Real Estate Account accountant accounted 59

Going Concern

MAY 19, 2023

GC ] Benjamin Wann, CMA, CSCA, MBA, PMP, CPA wrote a little something about the thing we all love to hate. 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. Chinese companies switch auditors to avoid U.S. or Singapore.

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auditor audit accounting and finance South Carolina 102

Cherry Bekaert

MARCH 15, 2023

Author: Fred Nitting, Managing Director, Risk & Accounting Advisory Services Identifying the right internal auditor is a crucial business decision and professional CPA firms vary widely in terms of capabilities, resource availability, qualifications and much more. Ensure that you understand the answers they provide.

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auditor audit cpa firm Education 52

TaxConnex

APRIL 25, 2024

Fewer students are gravitating toward accounting even as educational requirements have intensified. You can outsource to many different software companies, CPA firms and other specialty firms to handle these tasks, but again come questions: What’s the vendor’s focus? Are they experienced with auditors?

Sales 199

Sales Tax accounting and finance auditor 199

CPA Practice

MARCH 24, 2023

Founded in 1897, the NYSSCPA offers networking opportunities for CPAs, along with CPE courses and conferences, over 50 committees that cover various specializations, and also publishes the CPA Journal. Diversifying the CPA Profession (DEI & NextGen): The NYSSCPA aims to build and welcome young people into the CPA profession.

New York 64

New York cpas CPA accounting principles 64

Going Concern

JUNE 28, 2022

The SEC has fined EY a record $100 million after an investigation revealed auditors at EY were cheating on ethics exams (open book ethics exams we presume) and CPE; worse than cheating alone, they actively tried to cover it up and hide the cheating from the SEC. Well this is bad. So let’s just guess a lot.

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auditor audit CPA accounting principles 96

Going Concern

MAY 2, 2024

Struggling to find remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can help! With our Always-On Recruiting service, access a pool of skilled remote accountants without any upfront costs. Sign up now to see the complete candidate list and connect with potential hires.

Real Estate 59

Real Estate Account accountant accounted 59

Going Concern

AUGUST 31, 2023

Are you struggling to hire remote accountants, auditors, or tax professionals right for your firm or internal team? Education: BBA in accounting Candidate ID # 18756621 Proven client-facing team leader provides full cycle accounting, bookkeeping & more to a wide range of client industries! Tech Stack: QBO, QBD, UltraTax, etc.

Account 113

Account accountant accounted CPA 113

Anders CPA

JANUARY 31, 2024

Even with a third-party administrator (TPA), details such as investment diversity, participant education, role definition and participant satisfaction, along with other important factors, can be overlooked. Tell them how it works, lead educational sessions with employees to inform them about changes you’re going to make for the plan.

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audit CPA payroll Education 52

CPA Practice

AUGUST 29, 2023

The Institute of Internal Auditors (The IIA) – the internal audit profession’s leader in standards, certifications, education, research, and technical guidance worldwide – will host its annual Financial Services Exchange from September 11-12 in Washington, D.C., along with a virtual attendee option.

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auditor audit Washington Education 52

TaxConnex

FEBRUARY 27, 2024

The accounting education pipeline is drier than ever even as accounting degrees require many additional course hours. million accountants and auditors in the U.S. Are they experienced with auditors? There were about 1.65 in 2022, up 1.3% from the previous year but down 2.6% from 2020 and down 15.9% What’s their customer service?

Sales 219

Sales Tax Account accountant 219

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. Apparently South Carolina has joined them.

Minnesota 111

Minnesota South Carolina auditor CPA 111

CPA Practice

FEBRUARY 7, 2023

In the letter, Anthony Pugliese, CIA, CPA, CGMA, CITP, President and CEO of The IIA writes that “ although the recommended policy change minimally impacts the provision of internal audit services, it represents a significant departure from the regulatory status quo regarding the relationship between internal (auditors) and external auditors.”

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auditor audit Construction accounting standards 40

Going Concern

NOVEMBER 24, 2023

Accounting Education Disrupted [ CPA Journal ] Although emerging technologies have disrupted the entire accounting ecosystem in recent years, the education realm has been one of the areas hardest hit. It had 400 shops and employed about 12,000 staff before it disappeared from the high street. ‘7

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auditor audit tax return cpas 111

Going Concern

MAY 12, 2023

Fired: job search or CPA exam? China’s Shift Away From Big Four Auditors Has EY Most Exposed [ Bloomberg ] Among the four biggest global accounting firms, Ernst & Young is likely to be the most exposed to Beijing’s crackdown on US-linked auditors, as it stands to lose about a 10th of its China revenue.

CPA 111

CPA Account accountant accounted 111

CPA Practice

JANUARY 9, 2024

The Institute of Internal Auditors (The IIA) – the internal audit profession’s leader in standards, certifications, education, research, and technical guidance worldwide – has released new Global Internal Audit Standards. Specific guidance to assist internal auditors in the public sector and for small internal audit functions.

audit 64

audit auditor CPA Education 64

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 98

Minnesota cpas audit CPA 98

Going Concern

DECEMBER 1, 2022

Perusing The CPA Journal as one does when one is tasked with the onerous burden of reporting on happenings in a profession in which so few things happen, I saw this discussion on CPA Evolution by Nina Terranova Dorata, PhD, CPA and Vincent J. Evaluating the CPA Evolution Initiative [ The CPA Journal ].

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accounting degree Account accountant accounted 64

Anders CPA

NOVEMBER 1, 2022

CPAs and Anders 401(k) auditors Kim Moore and Karen Hill explained how plan sponsors could encourage employee participation, how to better optimize a plan for higher levels of participation as well as innovative ways to ensure compliance with federal requirements. Include auditing costs while planning for next year’s budget.

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audit CPA auditor payroll 52

CPA Practice

AUGUST 15, 2023

Snodgrass —failed to obtain audit committee pre-approval in connection with providing audit and/or non-audit services to issuer audit clients, in violation of PCAOB Rule 3520, Auditor Independence , and for two of the three firms (BPM and Plante Moran) PCAOB Rule 3524, Audit Committee Pre-Approval of Certain Tax Services.

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audit auditor accounting firms cpas 98

Going Concern

AUGUST 22, 2022

PwC is being sued by a 28-year-old auditor who claims he suffered a serious head injury after attending a work event that involved an “excessive” drinking game of pub golf. There’s consistent continuing education. A GC commenter wants to see a physical fitness test added to the CPA exam. And the job can be stressful.”

auditor 59

auditor Account accountant accounted 59

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. The proposal would make it harder for Minnesota CPAs to practice across state lines, physically and virtually.

Minnesota 97

Minnesota Illinois cpas CPA 97

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 98

Account accountant accounted CPA 98

CPA Practice

AUGUST 15, 2023

The Institute of Internal Auditors, which promotes internal audit standards, certifications, education, research, and technical guidance worldwide, has commented on the U.S. It’s an issue the profession knows incredibly well,” said IIA President and CEO Anthony Pugliese, CIA, CPA, CGMA, CITP.

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auditor audit Education CPA 98

Anders CPA

FEBRUARY 6, 2024

Engaging a local firm to handle the audit traditionally results in the auditor’s presence in your office, which can cause disruptions to daily operations. Engaging with a fully remote 401(k) auditor may help you find an auditor quickly to comply with regulations , helping you avoid costly fines and other late fees.

audit 64

audit auditor Education Legal 64

Going Concern

SEPTEMBER 29, 2023

CPA Exam Friendly reminder, deadlines to apply for BEC before the new exam in 2024 are quickly approaching. CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever Also, WTF? CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever Also, WTF? Did Exam Costs go up?

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auditor audit New York CPA 105

Going Concern

DECEMBER 1, 2023

As they study for the CPA exam, move to their first apartments, and navigate their early careers, they get to witness how “leading with love” and compassion can bolster their professional journeys. Fort Wright-based VonLehman CPA & Advisory Firm has agreed to a merger with accounting firm Dean Dorton in a deal to be completed Jan.

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cpas audit auditor CPA 106

CPA Practice

AUGUST 9, 2023

AuditClub, the Audit Service Center for CPA firms and companies, has launched a new alliance model designed to connect tax and non-attest accountants with AuditClub One assurance professionals to improve service delivery options to clients. “In As a result, Lighthouse has become a one-stop shop for all accounting related services.”

audit 52

audit Account accountant accounted 52

Going Concern

JANUARY 29, 2024

NYSSCPA CEO Calvin Harris, CPA said in a column for CPA Journal : But the winds of change have long been upon us. This is part of why New York Governor Kathy Hochul’s recent signing of “non-CPA ownership” into law is such a big deal. More on the New York non-CPA ownership bill. Let’s read a little bit.

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auditor cpa firm Account accountant 52

CPA Practice

SEPTEMBER 19, 2023

There is no need to alert this audience to the acute shortage of CPA talent. But it’s still worth underscoring how important it is for CPA firm leaders to closely monitor the job satisfaction of these precious resources — especially at a time when many of these professionals might be thinking about making a job change soon.

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cpa firm CPA accounting and finance Virginia 110

CPA Practice

MARCH 9, 2023

The unprecedented scope of our research and engagement with internal auditors has resulted in a draft that includes significant enhancements to the Standards,” said J. Michael Peppers, CIA, QIAL, CRMA, CPA, Chairman of the International Internal Audit Standards Board.

audit 52

audit auditor CPA Education 52

Cherry Bekaert

MAY 3, 2024

Accounting and finance employment is projected to grow 4% from 2022 to 2032, with about 126,500 openings for accountants and auditors each year on average. Further adding to the issue, fewer CPA examinations are taken each year as the appeal to a career in accounting declines among college students—thus creating a CPA shortage.

accounting and finance 105

accounting and finance Finance Account accountant 105

Going Concern

NOVEMBER 11, 2022

The next generation of accountants and auditors is in demand, but Ben Lansford, an accounting professor and director of the Master of Accounting program at the Jones Graduate School of Business at Rice University explained why some are hesitant. Many auditors responding to the FERF study noted an increase in effort by their teams (68%).

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