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Several factors contribute to the shortage, like mid-careerCPAs 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.
A branch of accounting literature argues that such stereotypes are costly to the profession because they reduce the number, quality, and diversity of people selecting into accountingcareers (Baldvinsdottir et al. However, other accounting literature suggests that accountingjobs are miserable.
One of the biggest questions currently being asked by many throughout the accounting profession is, “How can we make accounting more appealing to students?” There’s plenty of accountingjobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years.
The move would boost competition for US law firms, who are already seeing non-lawyer-owned legal operations gaining footholds in states such as Arizona and Utah that are testing new service-delivery models. Check out these remote accountingjobs at Accountingfly. Do you have a wandering eye?
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