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AICPA Forms Advisory Group to Create Strategy to Address CPA Talent Shortage

CPA Practice

The American Institute of CPAs (AICPA) has formed an advisory group representing a broad spectrum of the accounting profession that will help shape a national strategy to address the profession’s talent shortage, including accounting students who go on to obtain a CPA license.

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

Going Concern

“When you have a massive financial collapse like FTX, there are going to be many, many institutions—and perhaps individuals—who allegedly profited improperly along the way,” said Samuel Issacharoff, a New York University law professor. 2024 CPA Exam Blueprints released [ Journal of Accountancy ]. ” Employment. .”

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CIMA Appoints Simon Bittlestone as President

CPA Practice

The Chartered Institute of Management Accountants (CIMA) announced today that it has appointed finance transformation business leader, Simon Bittlestone, FCMA, CGMA, as 91st President of the Institute. McCall, CPA, CGMA, who serves as Co-Chair of the Association and Chair of the American Institute of CPAs (AICPA).

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AICPA & CIMA Join International Initiatives to Support Implementation of IFRS Sustainability Disclosure Standards

CPA Practice

CPAs and management accountants will play a crucial role in the international implementation of these rules, as well as the European Sustainability Reporting Standards, the state of California’s recent climate risk disclosure rules and the U.S.

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Interesting Development From the AICPA

RitaKeller

Here’s a press release from the AICPA: Tom Hood, CPA, CITP, CGMA to Join Association of International Certified Professional Accountants as Executive Vice President, Business Growth and Engagement. He will report to Barry Melancon, CPA, CGMA, the Association’s CEO. In addition to his CPA license, Hood has obtained.

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Friday Footnotes: KPMG Pays High Schoolers 20 Bucks an Hour; Deloitte Cyberattacked Too; IRS on ERC | 7.28.23

Going Concern

He graduated summa cum laude in accounting from Baruch College with numerous other academic awards and a continuing passion for wrestling, Ping Pong and handball. He was drafted into the army in 1952 and returned to the accounting firm in 1954. Now I’ve learned that with accounting you can travel and meet people and that drew me in.”

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AICPA Survey Results About Recruitment and Retention Struggles

RitaKeller

NEW YORK (March 30, 2022) – Almost one in four U.S. business executives said the ongoing impact of unfilled jobs had forced them to restructure staff to protect core operations or limited the pursuit of new projects or bids, according to an AICPA & CIMA survey. AICPA & CIMA Survey Polled U.S.

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