The cost of the 150-hour rule: $2 billion
What is the cost of the 150-hour rule to becoming a CPA in the US? Based on my calculations, the accounting profession spends at least $2 billion per year on the fifth year of education. The cost to each candidate often exceeds $100,000. Read my post on Accounting Today to learn how I got to that number.
Jimmy Corley says "We need to take a hard look" at the 150 hour rule for CPA licensure
What do the states think about NASBA and AICPA's efforts to quash the Minnesota Society of CPAs effort to create an alternative CPA pathway — one that doesn’t include a 5th year of education?
How Tech Can Increase Conversions & Revenue For Accounting Firms
Learn how technology can help you increase conversions and revenue as an accounting firm owner by tuning in to this episode of the Abundant Accountant podcast. I had a great time with Michelle talking about how to use technology to automate processes and stand out from the competition.
Use AI To Fire Clients
In Episode 315 of the Cloud Accounting Podcast, I asked ChatGPT to fire David Leary as a client. Why? Because he insists on composing all his emails with ALL CAPS ALL THE TIME. The perfect sort of client to fire with AI.
What is the most reliable way to live a happy life?
What is the most reliable way to live a happy life? I posed that question to Notion AI. This is what it gave me back.
Why Does Tax Have a Busy Season?
Why does tax have a busy season? Maybe it doesn't have to be this way. A recent conversation gave me an idea for how to solve it.
Take Control of Your Life In Accounting
I believe that our profession can escape the busy season mindset. After all, there is an infinite amount of work in accounting. So if you try to do it all, you will fail.
Introducing the Federal Tax Updates Podcast
Tune in every other week for updates from Padgett President Roger Harris and Franchisee Operations Manager Annie Schwab, who have a combined total of more than 75 years of expertise in the field of taxation. With their wealth of knowledge, they will be providing commentary on the latest developments in the profession, as well as offering insights into filing strategies, tax law changes and more.
Pilots Blame Accountants for Southwest Airlines Meltdown
Who is to blame for the Southwest Airlines meltdown? The pilots are blaming the accountants! Not the accountants in the finance department, though.
Why can't accountants work 40-hour weeks?
Here’s the number one argument I hear against the 40-hour week for accountants, and why it’s wrong.