The future of CPAs, and accountants in general, may be disrupted by the latest fintech to be talked about, promoted, derided or what have you: Blockchain. Blockchain is essentially a decentralized digital ledger system. It’s database software which resides on individual computers as opposed to one server so users can deal directly with each other in real time. Think in…
One of the most unique parts of the CPA exams are how they can change from year to year. The ever-changing landscape of the accounting business (and the educational requirements to become a CPA in the first place) require that the CPA exams constantly revise and change themselves to keep up with the times. Some of these changes are pretty…
As an accountant you tend to do your work in the same way, all day. Sitting and working at your desk or on a conference table at a meeting. It’s the same during all those hours you spend studying for the CPA exam. It’s how you spent so much of college. Come to think of it, we spend an incredible…
There isn’t one singular path toward becoming a CPA. Some people earn their accounting degrees, head out into the workforce, then decide to take the CPA exam later in their careers. Then there are others who know early on that becoming a CPA is a big part of their career path. If you’re one of those people who has long-known…
The AICPA has changed the release dates for results for those who take the exam in April and May this year. The reason has to do with the revised exam that debuted on April 1st of this year. According to the site: “Due to the substantive changes introduced to the Examination in April 2017, time is required to conduct the…
The first quarter of 2017 is in the books. This is the last set of numbers for the current exam. Q2 will be the first with the revised exam. Data from AICPA. Salient Points For the most part the percentage differences aren’t that great but the negative trend continues. FAR continues its downward spiral. It’s percentage is the smallest…
Much has been written about millennials and the workplace. Given their worldview and what they value some have questioned their suitability for some professions. So, are millennials and accounting good for each other? Believe it or not the answer is yes. You would be forgiven for thinking that accounting would be the last profession in which millennials could prosper. But…
For many people, their ultimate career goal is to be self-employed. The way they see it, if you have to work to earn a living, why work for someone else when you can build something of your very own? For CPAs, becoming self-employed means starting their own practice. As with any other type of business venture, starting a CPA firm…
Finance. There may be no other professional field with more certifications. You look at some letterhead and it has a list of names with a veritable alphabet behind them. It’s like an arms race of acronyms! Are they really needed to help with your career? The answer is yes. You can debate which financial certifications will benefit you most but…
Introducing the CPA Exam Hub SlideShare page where we have presentations of our thoughts and ideas regarding accounting in general and the CPA exam in particular. Please check it out!