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AICPA Releases Guidance on Changes to State Licensure Requirements

CPA Practice

The document includes background information and a compliance checklist for CPAs to determine the impact on them if a state unilaterally changes its requirements necessary for licensure. We believe upending mobility would be a grave mistake,” said Susan Coffey, AICPA & CIMA’s CEO of public accounting.

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150 Hour Rule: Let’s Keep Arguing About What Color the Drapes Should Be While the House is Burning Down

Going Concern

Rather, how dueling factions within the profession are fighting for and against keeping it as the only option to CPA licensure. Apparently South Carolina has joined them. Companies, not just CPA firms, are struggling to fill senior accountant roles and jobs for accountants with three to five years of experience.

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Friday Footnotes: Fired Accountant Spills the Dirty Laundry; Scandals of Yore; Gen AI For Good | 1.26.24

Going Concern

“It is reflective of a declining population of individuals who are pursuing those degrees that would allow them to sit for the CPA exam, but that’s coupled with the fact that there’s less students in general,” Grzes said. This survey reflects many of the challenges that professionals in CPA firms of all sizes are currently facing.

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