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How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

By Mike Varney, Vice President, Finance and Operations at Extend. The alarm bells in accounting have been ringing for years: fewer people want to join – or stay – in the profession. The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8%

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What are the Benefits of Working With an Outsourced Accounting Company?

Basis 365

Recent studies estimate that nearly 40% of all accounting tasks are outsourced (Dautovic, Fortunly). Do you currently outsource accounting functions? Cost-effectiveness, scalability, freedom, and ancillary support are all benefits your business can take advantage of by working with an outsourced accounting company.