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Friday Footnotes: The Metaverse’s First CPA Firm Gets Sued; CPA Exam Blueprints; Mad Mergers | 1.6.23

Going Concern

.” California Program Offers Black Students Path to Accounting [ Bloomberg Tax ]. Black students in California can prepare for and take the certified public accountant or certified management accountant exam for free under a pilot program that aims to help diversify the accounting profession.

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Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

Accounting firms had a good fiscal 2022 with median growth rate of 9.1% in net revenue over fiscal 2021, according to a 2023 survey by AICPA and the Chartered Institute of Management Accountants (CIMA). growth rate from two years ago when some firms were struggling with the COVID-19 pandemic. This eclipses the 4.2%

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AICPA Broadcasts 100th Town Hall Video from Engage Conference: CPA Profession is ‘Resilient and Rising’

CPA Practice

CPAs and Chartered Global Management Accountants “are well positioned because of their expertise, integrity, attunement to broad business issues and commitment to lifelong learning.” The world wants the consistency, objectivity and knowledge that we bring to the table.” Maintain quality and trust in the profession.

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You Are Already A Consultant

RitaKeller

All the talk these days is about CPAs becoming consultants to their clients and not just compliance service providers. There are even various training programs to help CPAs make the large leap (I say that sarcastically!). Why do CPAs do this when most firms already have service codes specifically for Consulting. .”

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This Accountant Shortage Nonsense Reeks of Deja Vu

Going Concern

From the JofA piece: One of the early warning signs that major changes in accounting education were needed came when major CPA firms reengineered themselves as “professional services” rather than “public accountingfirms. Which is to say, we done been knew. Nothing changes if nothing changes.

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Your Firm and Your AI Strategy

CPA Practice

As an example of the ChatGPT response to “What are the most time-consuming items in a CPA Firm,” ChatGPT suggested the following (completely unedited): Accounting or Certified Public Accountant (CPA) firms often have to manage numerous tasks, some of which can be quite time-consuming.

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Best Accounting Blogs: Finding a Great Blog for Accountants

Snyder

But since accountancy is a necessity for so many people, accounting blogs actually gather vast and varied audiences. Accountants, bookkeepers, and CPA’s. First and foremost, accountancy blogs are read by accountants, bookkeepers , and CPAs (Certified Public Accountants). Synder Blog.

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