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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. AICPA Foundation announces 2023–24 doctoral scholarship recipients The AICPA Foundation granted fellowships to 25 minority doctoral students as part of the AICPA Fellowship for Minority Doctoral Students.

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

CPA Practice

The advisory group will be chaired by Lexy Kessler, CPA, CGMA, mid-Atlantic regional leader for Aprio and a board member of the Association of International Certified Professional Accountants, a global organization jointly formed by the AICPA and The Chartered Institute of Management Accountants (CIMA).

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This Accountant Shortage Nonsense Reeks of Deja Vu

Going Concern

From the JofA piece: One of the early warning signs that major changes in accounting education were needed came when major CPA firms reengineered themselves as “professional services” rather than “public accounting” firms. OH MY GOD this could have been written in 2022.

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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 remained at that same firm for more than 60 years and was a consistent fixture in management as the firm grew larger and larger though mergers until it ultimately became BDO USA.