🔍 Top headlines
Accountants reveal entrepreneurial ambitions in global talent survey
The 2025 Global Talent Trends survey from ACCA reveals a profession in flux. Over 9,000 accountants and finance professionals across 157 countries shared their views, and the findings signal a shift toward more flexible, self-directed careers. An overwhelming 83% of respondents said they’re interested in starting their own businesses, while 72% are considering a job change within the next two years. Key drivers? A desire for better work-life balance, more meaningful roles, and relief from mental health strains exacerbated by hybrid work and rising expectations.
AI is also reshaping accounting and career thinking: many professionals see it not as a threat, but as an opportunity to step into more strategic, value-driven roles. The report suggests firms must adapt quickly by offering more purpose-led work, investing in mental well-being, and supporting continuous learning.
In short, the future accounting workforce wants more than stability—it wants autonomy, impact, and room to grow.
AICPA and NASBA approve alternative CPA licensure path
In a major move to modernize the pipeline to CPA licensure, the AICPA and the National Association of State Boards of Accountancy (NASBA) have approved a new pathway that allows candidates to become licensed with a bachelor’s degree, two years of relevant work experience, and successful completion of the CPA Exam—bypassing the traditional 150-credit-hour requirement. The change, formalized through updates to the Uniform Accountancy Act (UAA), comes amid mounting concerns over talent shortages and declining CPA candidate numbers.
While the traditional path remains available, this alternative route aims to remove a key barrier to entry that many say has become outdated and burdensome, especially for underrepresented and lower-income candidates. Several states, including Minnesota and Ohio, have already proposed or passed legislation to enable this approach. Supporters believe the dual-pathway model can balance rigor with accessibility, helping to diversify the profession while maintaining high standards. It’s a turning point in the conversation about what it really takes to become a CPA.
Armanino expands into Utah with Cooper Savas merger
Armanino LLP, a top 20 accounting and consulting firm, has announced its entry into the Utah market through a merger with Salt Lake City–based Cooper Savas LLC. The deal brings 35 professionals under the Armanino umbrella, expanding its presence in the Mountain West and enhancing its regional tax, assurance, and consulting capabilities. But the move isn’t just geographic—it’s strategic. Cooper Savas has deep roots in Salt Lake’s entrepreneurial ecosystem and has long served high-growth businesses, a sweet spot for Armanino’s broader vision.
The merger also gives Utah clients access to Armanino’s robust national resources, including international tax, R&D credit expertise, and advanced advisory services. The integration reflects a continued trend of mid-sized firms joining forces with larger players to stay competitive in a consolidating market. Armanino leaders say it’s part of a long-term investment in regional strength and cross-market collaboration, while maintaining a personalized, community-driven approach.
