Payroll
Gen Zers Think They’ll Get a Six-Figure Salary Right Out of College
Current college students expect to make $103,880 in their first job after graduation, according to a new survey.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Taxes
Most Americans: ‘I’ve Got 99 Problems, But an IRS Audit Ain’t One’
A new poll found that a majority of voters (76%) weren’t worried about the prospect of being audited by the IRS.
Accounting
Owner of New York Accounting Business Charged in PPP Fraud Scheme
If convicted of the bank fraud charge, Eric O’Neil of Bethel, CT, faces a maximum penalty of 30 years in prison.
Advisory
Is Artificial Intelligence Becoming a Tool for Financial Advisors?
AI is making financial advisors more efficient and more connected with clients. But some challenges persist.
Accounting
California CPA Pleads Guilty in PPP Loan Fraud Scheme
If convicted of wire fraud charge, 73-year-old Bernard Turk faces a maximum jail sentence of 20 years.
Taxes
IRS Admits Mistakes Have Been Made with Some Balance Due Notices
Taxpayers who received a CP14 notice but already paid the tax they owed do not need to respond to the notice, IRS said.
Accounting
PCAOB ‘Up to the Task’ of Updating Standards, Tougher Enforcement
SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.
Accounting
Twenty Years After SOX Was Signed Into Law, SEC Chief Says ‘Who Audits the Auditors’ Still Matters
Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.
Accounting
Big Four Firms Are Among the Most Popular Employers For College Grads
The Big Four rank just behind Amazon in an analysis of companies that have hired the most college graduates since 2019.
Accounting
BDO USA Sees Revenue Jump Nearly 25% in Fiscal Year 2022
BDO is the sixth largest public accounting firm in the U.S. in terms of revenue, behind the Big Four and RSM US.
Accounting
FASB Set to Issue New Rules on Supply Chain Finance Programs Later This Year
The new standard is expected to provide more transparency about these arrangements on corporate balance sheets.
Accounting
Accounting Profession Has One of the Lowest Turnover Rates in the U.S.
Accounting had the third-lowest average turnover rate (9.4%) from July 2021 to June 2022 out of the 13 job functions LinkedIn analyzed.