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How to Make Accounting Cool?
Pass rates for CPA exam fell in 2022, according to National Association of State Boards of Accountancies. 191,000 candidates took the CPA exam in 2022, which is a 25% drop since 2018. Joe Queenen: American firms must raise salaries to make the accounting profession more appealing. Testimonials from flashy, exciting practitioners of the trade would help.
We dissect the AICPA's plan; Short seller Hindenburg Research reports that Adani Group had 23 and 24 year-old auditors sign off on financials. WSJ asks: "How can we make accounting cool?"; Biden vows to veto GOP plan to abolish the IRS; CPA exam takers down 25% since 2018; IRS too busy to replace old computers, suspends project
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Show Notes
How Can We Make Accounting Cool? - WSJ
https://www.wsj.com/articles/how-can-we-make-accounting-cool-11675973909
If You Let 23-Year-Olds Sign Off on Audits, You're Gonna Have a Bad Time
https://www.goingconcern.com/adani-group-auditors/
Why there's a national shortage of accountants
https://www.marketplace.org/2023/02/07/as-tax-season-approaches-accounting-firms-are-short-on-staff/
Biden Vows to Veto GOP Plan to Abolish the IRS
https://www.cpapracticeadvisor.com/2023/02/02/biden-vows-to-veto-gop-plan-to-abolish-the-irs/76458/
Controller - National Women's Soccer League (New York · NY)
https://www.teamworkonline.com/soccer-jobs/nwslsoccer/nwsl-league-office/controller-2034269
What’s New in FreshBooks – 2023
https://www.freshbooks.com/blog/product-updates-2023
Self-employed bookkeeping platform Hnry books $35 million Series B
McDonalds Presidents Says California FAST Act Will Kill Restaurants
New York Requires Disclosure in Small Businesses Financing
Almost 70K ‘questionable’ Social Security numbers used for $5.4B in pandemic-related loans: watchdog
The 15 largest banks in the US
https://finance.yahoo.com/news/15-largest-banks-us-160040404.html
Football, lifeguarding, college and accounting
https://hoganstand.com/article/index/326378
Password Managers – An Insightful Accountant Software Comparison
IRS more likely to audit Black taxpayers
https://www.accountingtoday.com/news/irs-more-likely-to-audit-black-taxpayers
Press Release- February 1, 2023: Superintendent Adrienne A. Harris Adopts Updated Regulation For Disclosure Requirements For Commercial Financing
https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202302011
Crypto’s One-Time Favorite Bank Faces Federal Probe Into FTX Relationship
US Bank launches automated direct deposit switching
Chase to Expand Small Business Banking Workforce by 20%
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