In the WaPo opinion pages yesterday one Duncan Mavin, who got his start in the 90s, says the best way to solve the audit industry’s many conflicts is to kill it altogether. He starts the piece summoning the ghost of Enron, as all writers do when discussing what happens when audit goes wrong. Bringing things […]
There’s a contentious battle raging over the 150 unit requirement for CPA licensure as we speak and in the meantime we have to figure something out to ease the accountant shortage that has a bit more immediate impact (and doesn’t involve paying people more because clearly the firms are not down with that idea). Wherever […]
In a profession already notorious for burnout, staffing crises continue to wreak havoc on the personal lives of accountants everywhere much to the detriment of firms that refuse to turn down work yet lack the warm bodies to get it done. Grant Thornton has a crazy idea to alleviate at least a little of that. […]
For at least a year now, we’ve been getting emails from some guy who really, really doesn’t like the CPA exam. And for at least a year now, we’ve pretty much ignored them because, well, abolishing the CPA exam is up there with curing cancer and people learning how to use turn signals, as in […]
I’m sorry to tell you that’s not an article on the NASBA blog, but rather an opinion piece in The CPA Journal by John “Jack” Castonguay, PhD, CPA. In it, he argues that remote testing benefits candidates as they will have certainty around scheduling their dates, and the profession overall as it ensures a steady […]
Way back in 2008, a small hiccup in the United States financial system brought upon by an even smaller hiccup in the U.S. housing market led to the mild threat of the collapse of the world economy.
These days, you hear more and more about people juggling multiple projects at once. You know, a day job, the moonlighting gig, a passion project, the "I was just fucking around and it became a thing"1 thing, among others. You would think that accounting firms, known for working people so hard that it renders them […]
I like the idea of blind recruiting that this WSJ story discusses. Not knowing a person’s name or alma mater forces “hiring managers [to] form opinions based only on that person’s work,” therefore reducing the likelihood of nepotism, favoritism, racism, basically any negative -ism you can think of. This results in, you guessed it “more […]
Back in October, we discussed whether the CPA exam would ever become an optional within CPA firms. The reason the topic even came up was due to the fact that while the number of accounting students continues to increase, the number sitting for the CPA exam hasn't kept up, either declining in some years or staying flat.
Hey look, no one wants to be a manager. That's not too surprising. Managing is a thankless job. Just ask any manager. It's why when we think of managers we think about Lumberg from Office Space. People still want to be promoted, naturally, but it is kinda silly to promote someone to a job they […]
My fellow salaried workers, take a moment to read this: In a (very good) Quora post, [film producer Christopher] Pollock lists 10 lessons everyone should know about personal finance. They're all great, and many are lessons we've talked about before—but this one caught our eye: "Your hourly earnings are important. Your annual earnings are not. […]