Gen Z is stepping in to save the day. 340,000 accountants have quit the profession in the last 5 years, and three out of the four of those left are expected to retire in the next decade, according to Bloomberg. And guess what.America's tax system is just getting more complicated. But just as the industry faces a massive shortage, students are volunteering to join the IRS's income tax assistance program, filing taxes for free for low-income Americans. California State University says that in 2024, its studen ...

A few theories exist on the origin of the abbreviations for debit (DR) and credit (CR) in accounting. Both have Latin roots and can appear on a company's balance sheet. https://t.co/UhnDbK921Z ...

A write-off is an accounting entry that accounts for unreceived payments or losses. https://t.co/q522UerkBv ...

Motor-maker Nidec said in a delayed annual securities report it was asking a third-party panel to look into additional suspected instances of improper accounting https://t.co/4fJ3o0LWOT ...

Accounting Industry Overview - The Big 4 accounting firms are the four largest accounting firms as measured by revenue [1]