Remove accountant jobs Remove cpa firm Remove Technology
article thumbnail

3 reasons for the accountant shortage (and how CPA firms can attract candidates in 2023)

Accounting Insight

We’ve gathered three reasons for the shortage of accountants, as well as solutions for CPA firms to consider. Reason #1: Growing complexities lead to greater responsibilities The accounting profession is complex, demanding, and dynamic. Especially considering the rigorous requirements for CPA eligibility.

article thumbnail

How to Grow Expertise, Build a Stronger Career, and Develop Talent Pipelines

CPA Practice

“On a daily basis, I am able to apply what I am learning in class to excel at my job,” says Michelle, a financial director of mergers and acquisitions at a large chemical company. In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025. Yet this year, a higher number of U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Accountants May Be Bucking The Innovation-Averse Trend

PYMNTS

The future of the corporate accountant is in flux. FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. Instead, the majority actually said accounting software was the most important innovation in their industry. Embracing The Cloud.

Account 43
article thumbnail

Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

Abrash says she took a “massive risk” by modernizing Deloitte’s technology capabilities. The risk proved successful and helped Deloitte improve its operations even as it contributed to earning Abrash recognition as one of the American Institute of Certified Public Accountants’ 2022 Most Powerful Women in Accounting.

audit 81
article thumbnail

Future of Accounting: The 2022 Annual Guide

Ryan Lazanis

Future of Accounting Table of Contents. Automation is Front & Center. Emerging Business Models in Accounting. Jump on the Client Accounting Services Train. 1) Automation & Accounting Technology is Accelerating. The work-life balance for accountants will improve. New Skills Required.

Account 111
article thumbnail

Friday Footnotes: A (Fake) Day in the Life at Deloitte; DYNAMIC Merger For Grant Thornton; CPA Awareness | 12.9.22

Going Concern

It is understood that the forensics firm will be tasked with conducting “asset-tracing” to identify and recover the missing digital assets and will complement the restructuring work being undertaken by FTX. The Justice Department has accused Rikesh Thapa of defrauding his startup tech firm of more than $1 million in U.S.

CPA 98