Tuesday, November 15, 2022

An Update on the Future of Accounting Education - The CPA Journal

The future of accounting education has been a topic of concern for the profession’s leaders for years in the light of demographic shifts, competition for talent, and declining enrollments.

This update extends the prior article by examining recent trends in: 1) overall undergraduate enrollments at public colleges and universities, 2) accounting major enrollments, 3) accounting hiring, and 4) the CPA exam.

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Publisher: The CPA Journal
Date: 2022-11-14T12:00:05 00:00
Author: Mark C Dawkins PhD CPA CMA CGMA
Twitter: @thecpajournal
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McCarthy & Company, PC Acquires N.J.

The Pennsylvania accounting firm McCarthy & Company, PC has acquired NJ-based accounting firm, Frank Leonard & Associates, LLC, as well as hired partner John Blake, formerly of Klatzkin.

"We're thrilled to welcome Frank Leonard, his team, and John Blake to McCarthy. Their combined expertise will allow us to continue to provide superior accounting services to the sectors we currently serve and expand further into the transportation industry," said Managing Partner Marty McCarthy.

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Publisher: CPA Practice Advisor
Date: 2022-11-14T17:06:39 00:00
Author: isaacobannon
Twitter: @cpapracadvisor
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How to Become a CPA without an Accounting Degree

The answer is yes. To be eligible for a CPA examination, all you need is a Bachelor's degree. Of course, someone with a degree in accountancy may have it easier to pass their exams, but this depends on your learning capacity and determination.

But if you're looking to develop your career in a field that's reliable and growing, taking your CPA license is a good decision. As more people turn to entrepreneurship and the world of business becomes more dynamic, people will need the services of a reliable accountant.

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Publisher: Finance Monthly | Monthly Finance News Magazine
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Accounting alum balances business and science to provide better healthcare - URNow - University of ...

In preparation for the trip, the class looked at how business principles could be applied to medical care in rural and low-resource areas to provide better — and more sustainable —healthcare.

While the trip helped Dunbar better understand the intersection of business and science, she also realized there was an opportunity for her to work in that middle space.

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Publisher: urnow
Twitter: @urichmond
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Private Capital Boosts Productivity With Automation Of Complex Accounting Processes - Fintech ...

Private capital's net asset value has grown more than sevenfold since the early 2000s — twice as fast as public equities —according to McKinsey's Global Private Markets Review.

To address this need for increased productivity, private capital firms, along with the entire financial services industry, are expected to shift at least half of their business to the cloud over the next five years.

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Publisher: Fintech Finance
Date: 2022-11-15T10:35:53 00:00
Author: Alisa Thoren
Twitter: @fintechf
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Art of Accounting: Trifecta of tax season compression reduction | Accounting Today

We have a short window during the next month where we can reduce tax season compression, have better served and happier clients, and make more money. I call this the "trifecta of tax season compression reduction."

Many of our clients and particularly our larger clients probably engaged in out-of-the-ordinary activities during this year that would need to be reported on their tax returns.

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Publisher: Accounting Today
Date: 2022-11-14T16:31:22.564
Author: https www accountingtoday com author edward mendlowitz
Twitter: @AccountingToday
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Don't Drop Efforts on Accounting Rules for Government Grants, Small Public Filers tell FASB

The FASB's current research on accounting for government grants should be advanced to its rulemaking agenda – and as a priority matter – as the topic is pervasive and rife with reporting diversity, small public filers told the board.

Publisher: Thomson Reuters Tax & Accounting News
Date: 2022-11-14T14:13:50 00:00
Author: sjanifer
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COP27 Event: Climate Accounting – What are we still missing? | Climate Action 100+

As plenary sessions broke out across COP27 and the private sector prepared itself for finance day, a clear tone had already been set by UN Secretary-General António Guterres: collaborate or face climate catastrophe.

Below is a summary of the event with some resounding agreement from our panellists over the following points. Firstly, it is essential that corporate accounts "tell the truth" about a company's carbon intensity.

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Publisher: Climate Action 100+
Date: 2022-11-14T14:43 00:00
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Best Cloud Accounting Software (November 2022) – Forbes Advisor

Accounting software streamlines the bookkeeping process, making it easier for business owners to keep tabs on finances and plan for tax season. For freelancers and small businesses, this is often a more cost-effective option than employing a full-service accounting agency.

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Publisher: Forbes Advisor
Date: 2022-11-11T11:00:23-05:00
Author: Jennifer Simonson
Twitter: @forbes
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Staff Accountant, Corporate Accounting job with Tiffany & Co. | 228229
Publisher: BoF Careers
Twitter: @bof
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