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AICPA Recognizes Top 2022 CPA Exam Performers with Elijah Watt Sells Award

CPA Practice

The American Institute of CPAs has announced the 50 winners of the 2022 Elijah Watt Sells Award. This award is granted to CPA candidates who obtain a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, pass all four sections on their first attempt and have completed testing in 2022.

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Tuesday Morning Accounting News Brief: CPA Numbers Are Abysmal; PwC Blocked Government Inquiry | 5.30.23

Going Concern

FT dropped this over the weekend : Candidate numbers for US accountancy exams drop to lowest in 17 years New figures from the American Institute of Certified Public Accountants showed the shortage of CPA candidates that has plagued the profession in recent years worsened in 2022, dashing hopes for a quick rebound from the pandemic.

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As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

We should have written about this months ago but didn’t get around to it, there’s some new news so let’s get to the backstory and what’s happening next with the various CPA bodies of Canada. TL;DR: CPA Ontario and CPA Quebec want to break up with CPA Canada. Y’all are familiar with those.

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AuditClub Appoints PwC Veteran in Leadership Expansion

CPA Practice

“It’s an incredible time to join AuditClub in its mission to make accounting and auditing better,” says Yujuico. “I I believe the AuditClub model to be a perfect solution to the most important needs of today’s CPA firms and companies. Gyesi is a certified public accountant licensed in Georgia and Washington, D.C.,

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Friday Footnotes: New Managers Share Wisdom; KPMG Praised??; PwC Creeps Leave | 7.22.22

Going Concern

And on Reddit this week: Accounting Profession Has One of the Lowest Turnover Rates in the U.S. [ CPA Practice Advisor ] Accounting had the third-lowest average turnover rate (9.4 The two professions that had less turnover than accounting were operations (8.8 USF sues former accountant who embezzled $12.8

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Friday Footnotes: Accounting AI Explodes; SOX Compliance Sux; KPMG Gets on a List | 6.17.22

Going Concern

Hot (pun intended) on Reddit today: NASBA, AICPA, Prometric Expand International CPA Examination Testing Locations [ NASBA ] NASBA, AICPA, and Prometric announce qualified Uniform CPA Examination candidates applying to participating jurisdictions will have the option of testing at any international location where the CPA Exam is currently offered.

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Guidelines For Deducting Conference and Training Expenses

Ronika Khanna CPA,CA

Eg, the Canadian Institute of Chartered Accountants would have to hold the qualifying event somewhere in Canada otherwise the deduction might be denied. The conference must be held within the “territorial scope” of the sponsoring organizations.