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Pennsylvania Institute of Certified Public Accountants Issues 2023 State of Pennsylvania Public Accounting Firms Study

CPA Practice

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report. The report’s deep dive provides the latest data on compensation across titles, technology adoption, billing model breakdowns, M&A and more.

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Spotlighting Women in Advisory Practice: “We needed to focus on what people wanted,” says Erin Heath, CPA

ThomsonReuters

Heath attended a private college and took the requisite courses to become a certified public accountant, finishing a five-year degree in four years, then eventually getting married and moving back home. To Heath, her new solution was something she would leverage as she rolled out her advisory practice to clients.

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U.S. Companies Turn to Global Talent Pool as Accountant Shortage Hits Crisis Point

CPA Practice

As more than 75% of Certified Public Accountants reached retirement age in 2019 and fewer recruits are entering the field due to demanding education and work experience requirements, the talent gap is widening—the U.S. is lacking 340,000 accountants alone. You can find the white paper here.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

In this white paper, we break down the key federal payroll laws, explore important compliance insights, highlight the role of technology, and provide practical tips for maintaining compliance. federal payroll compliance is an ongoing process that requires vigilance and dedication.

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Revolutionize your talent strategy with automation

ThomsonReuters

Retiring Baby Boomers are creating a vacuum, leading to a scarcity of experienced professionals, and there aren’t enough young people graduating with accounting degrees—or choosing to enter public accounting—to fill that void. This generational shift is not just a numerical problem but also a transfer-of-knowledge issue.

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AICPA News – Nov. 2023

CPA Practice

AICPA News is a round-up of recent announcements from the American Institute of Certified Public Accountants. Herz, CPA, CGMA, FCA, is the recipient of the 2023 AICPA Gold Medal Award of Distinction. Since 1944, it has been bestowed upon CPAs whose influence on the accounting profession has been especially notable.

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Tools, technology, and training aid accounting staffing challenges

ThomsonReuters

New initiatives are supported by programs like the CPA Evolution initiative, a joint project with the National Association of State Boards of Accountancy (NASBA) and the American Institute of Certified Public Accountants (AICPA), looking to upgrade the CPA licensure to incorporate the changing skillset required for the practice of accounting.