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How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

The alarm bells in accounting have been ringing for years: fewer people want to join – or stay – in the profession. The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8% Pay a more attractive entry-level accounting salary.

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Professionals on the Move – Nov. 2024

CPA Practice

CohnReznick’s McCafferty selected to MACPA’s 2024 Women to Watch CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, announced that Molly McCafferty, Partner, Assurance, has been selected as one of four 2024 Women to Watch by the Maryland Association of CPA’s (MACPA) Foundation.

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Caution: Successful firms identify challenges ahead

Accounting Today

The new workforce doesnt want to donate 2 1/2 months of their lives to public accounting. So its clearly an evolving industry, particularly with new types of investors in the space," said Jeffrey Rosen, managing partner at Towson, Maryland-based RS&F. "A They want to have a more well-balanced workload. Watch: "PP&Co.

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Friday Footnotes: PE-Backed Firm Gets Rid of CPA on Email Signatures?; Big 4 HR Bots; IRS Audits Way Down | 4.11.25

Going Concern

Salaries for accountants are starting to increase after lagging for years, experts said. Asset Management and PE Practices [ INSIDE Public Accounting ] KPMG LLPof New York has announced three new leaders for its U.S. KPMG Appoints Three Leaders in the U.S. Asset Management business: Yesenia Scheker-Izquierdo appointed U.S.

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Friday Footnotes: Deep Bench Has Government Consultants Worried; Accounting Programs Add AI; Make M&A Great Again | 3.7.25

Going Concern

Education Colleges Inject AI Into Accounting Programs to Increase Appeal [ Bloomberg Tax ] One of my favorite lines is: AI may not replace your job, but the person who knows how to use it will, said Derek Thomas, national partner-in-charge of university talent acquisition at KPMG US.

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New National Research on CPA Pipeline Challenges Underway

CPA Practice

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential.

CPA
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State CPA Society News and Updates – Oct. 2024

CPA Practice

State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories. The Florida Institute of Certified Public Accountants (FICPA) recently announcedJim Gurowka, CAE, as its new Chief Growth Officer (CGO), effective Sept. She holds a B.S.

CPA