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Accounting Crisis – CPA Firms Face 75% Retirements

Accounting Crisis – CPA Firms Face 75% Retirements

by controllers | Apr 14, 2022 | Accounting, Career Development

CPA firms are facing an upcoming severe staffing challenge. Almost 75% of the CPA workforce met the retirement age in 2020, as estimated by the American Institute of Certified Public Accountants (AICPA).  What’s more, the number of CPA exam candidates has drifted...
About the Public Company Accounting Oversight Board (PCAOB)

About the Public Company Accounting Oversight Board (PCAOB)

by controllers | Jul 16, 2021 | Accounting

The Public Company Accounting Oversight Board (PCAOB) is a nonprofit company created by the Sarbanes-Oxley Act (SOX) of 2002, signed into law by President Bush. The SOX introduced far-reaching reforms into the American business space. It’s primary objective is to...

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