SOC 2 as a Service or a Scam
A compliance startup allegedly sold hundreds of companies fake SOC 2 reports. If the allegations hold up, it's one of the most brazen examples of assurance fraud I've seen in years—and it raises serious questions about how we've built the trust infrastructure around these certifications.
The fight for CPA freedom: NASBA's push for control vs. automatic mobility
Imagine needing approval from a private corporation to drive across state lines. That’s what NASBA and AICPA's proposed changes to the Uniform Accountancy Act could mean for CPAs.
Unlock the CPA exam for all majors
In a recent episode of the podcast, we delved into the proposed modifications to the Uniform Accountancy Act by NASBA and the AICPA. One aspect that really concerns me is the continued requirement for an accounting concentration or equivalent for all three proposed pathways.
AICPA's Barry Melancon defends 150-Hour CPA rule
In his farewell tour, outgoing AICPA CEO Barry Melancon is defending the 150-hour rule. He claims the extra year of schooling has "elevated" the profession, creating smarter, savvier CPAs. But has it really?
What The AICPA Gets Wrong About The 150-Hour Rule
We all know that the 150-hour rule is one of the top reasons accountants don't become CPAs. But the AICPA seems to be in denial about it. Here’s why they get it wrong and why the accounting profession should undo the big mistake that is the 150-hour rule.
How to fix the leaky CPA pipeline
We have a CPA pipeline problem. At the current rate, we aren’t minting nearly enough new CPAs to replace those who will be retiring soon. Here's how to fix it.