article thumbnail

Breaking down Virginia's new CPA requirements: What you need to know

Blake Oliver

Virginia just became the second state to create an alternative CPA pathway. Starting in January 2026 , accountants will have two options: A Bachelor's degree plus 2 years of experience A Master's degree plus 1 year of experience. If you already completed 150 semester hours of education, don't worry.

CPA 52
article thumbnail

Skills Modern-Day Accountants Need to Equip Themselves With

Analytix Finance & Accounting

billion by 2026, at a CAGR of 8.5% over the forecast period 2021 – 2026. Bureau of Labor Statistics projects that accounting is a stable field estimated to experience 10% growth through 2026. Why is tech adaptation an essential skill for accountants? Online reports say the Accounting Software Market was valued at USD 12.01

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Reasons to Boost Your Revenue and Efficiency with Accounting Outsourcing Services

CapActix

The business of CPAs is blossoming in the USA, the UK, and several other parts of the world due to increasing statutory requirements, the emphasis on data-driven business decision-making, better resource management, and other aspects. Even CPAs have started outsourcing accounting jobs to offshore companies to augment their ROI model.

CPA 59
article thumbnail

Navigating Success with the Best Accounting Software for CPAs and Accounting Firms

CapActix

Unlike generic accounting solutions available in the market, this software is meticulously crafted to cater specifically to CPA firms and accountants. By the year 2026, the global market for accounting software is projected to reach a valuation of $11.7 million ( Source : Finances Online ). million ( Source : Finances Online ).

article thumbnail

Ohio First State To End The 150-Hour Rule for CPA Licensure

Blake Oliver

Effective Jan 1, 2026, you can get your CPA license with a bachelor's degree and two years of experience. Two pathways to CPA licensure will be available in Ohio: 1. A masters degree, completing the required accounting concentration of coursework, one year of experience, and passing the CPA Exam 2.

CPA 52
article thumbnail

Remote Work Going Away or Here to Stay?

Cloud Accounting Podcast

52:09) - The Kenneth CPA Hack (01:01:54) - The BOI Reporting Controversy Show Notes How Remote Work Is Impacting Accounting Firms [link] 2024 KPMG U.S. Will Be Empty by 2026 [link] Big Banks are Taking Hits from Commercial Real Estate [link] Need CPE?

CPA 53
article thumbnail

IRS Layoffs, BOI Is Back, PCAOB Under Threat

Cloud Accounting Podcast

Meanwhile, Virginia and Tennessee join the growing movement to reform CPA licensure requirements by offering pathways that don't require 150 credit hours. 1, 2026 [link] Bridging the Gap: New CPA Licensure Legislation To Address the CPA Shortage [link] $5,000 DOGE check?

CPA 56