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MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.”

Going Concern

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. We welcome your feedback and questions.

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Friday Footnotes: PwC Isn’t Getting a Redemption; Just Say No to NOCLAR; Oh, Layoffs? | 3.15.24

Going Concern

The NYT report’s focus was that private auditors from large firms failed and consistently missed child labor law violations. Auditors moved quickly and left before children arrived for overnight shifts, or they were not sent where minors worked. Fifty-one percent oppose the proposal, compared with 43% who are in favor. Education Sen.

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Listen Up, Young Accountants: Career Advice For Sticking Out Those Early Years

Going Concern

Maginnis recalls early in his career when Newt Becker, founder of the Becker CPA exam prep courses, told him that every year spent in public accounting is the equivalent of two years in private industry. It could be sports and entertainment, tech companies, life science companies.”

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Friday Footnotes: A Plea for More Accountants; Ex-Client Settles With Deloitte; BDO and Mazars Bomb Audits | 7.7.23

Going Concern

Fixing the Crisis in Accounting [ The CPA Journal ] Related to the above post: Individuals, companies, and professional organizations need to be more intentional in getting young people excited about joining the accounting profession. Businesses will continue to need greater numbers of accounting professionals. and NetEase Inc.,

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Friday Footnotes: Client Hid ‘Damning’ Audit; Predictions for the Profession; Accounting Firm Gets Compromised | 4.15.22

Going Concern

For example, the AICPA’s idea of expanding its membership by opening the certified in financial forensics (CFF) certification to non-CPAs runs counter to the exclusivity of the CPA brand. Lack of Access Could Hinder Audits of Companies With Ties to Russia [ Wall Street Journal ] Auditors that assess the financial statements of U.S.-listed

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What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. From there, you’ll communicate with your auditor and provide the documents they ask for. Hire a catch up bookkeeping service that also has tax CPAs. Learn everything you need to know about IRS audits and receipts below.

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article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. From there, you’ll communicate with your auditor and provide the documents they ask for. Hire a catch up bookkeeping service that also has tax CPAs. Learn everything you need to know about IRS audits and receipts below.

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