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The number of job openings and quits in the United States has been on a downward trend for several months, according to data from the Bureau of Labor Statistics. However, it doesn’t mean CPAfirms are finding it any easier to staff available positions — or hold on to the valued employees they already have in place.
Several factors contribute to the shortage, like mid-career CPAs changing professions, or early retirements spurred by the pandemic. But why has the accounting profession become so unattractive? We’ve gathered three reasons for the shortage of accountants, as well as solutions for CPAfirms to consider.
Are there still remote accountingjobs? The short answer is yes, remote accountingjobs are still being offered. In fact, as of May 2023, more than 600 remote accountingjobs were listed on the job board of talent solutions firm Robert Half. Today, the desire for remote or hybrid positions remains strong.
There are several ways accounting professionals and organizations can benefit from upskilling and reskilling online — whether to prepare for the CPA exam, build cutting-edge analytic capabilities, or create a new talent strategy. In 2020, the World Economic Forum predicted a decline in accountingjobs by 2025.
For many 22- to 27-year-olds, known as Generation Z, their average student debt of more than $20,000 and the lure of higher-paying Wall Street and Silicon Valley firms means the time and effort required to become a CPA doesn’t pencil out. Audit Deficiencies by Accounting Giants Grew in Latest Inspections, U.S.
The merger will become effective January 1, 2023, as teammates in the firm’s downtown office on Orange Avenue join their colleagues at the office the firm opened in Orlando’s Lee Vista office park in 2021. Check out these remote accountingjobs at Accountingfly. Do you have a wandering eye?
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