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There Are 340,000 Fewer Accountants—and Companies Are Paying the Price

CPA Practice

While it’s unclear what exactly led to the mistakes in each of these cases, one major risk factor has reached crisis levels: a shortage of certified public accountants. The lack of help means current accountants’ hours and workloads can be grueling, upping the odds of mistakes and burnout. Securities and Exchange Commission.

Account 78
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Why Fraud—Yes, Fraud—Could Boost the Accounting Talent Pipeline

CPA Practice

In a supplemental analysis of educational and labor market data of more than half a million accounting graduates in the U.S., The complete research, “ Externalities of Financial Statement Fraud on the Incoming Accounting Labor Force ,” will be published soon in the Journal of Accounting Research.

Account 105
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AICPA Says it Has a Plan to Fix the CPA Talent Shortage

CPA Practice

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 accounting jobs out there that need to be filled— more than 300,000 accountants and auditors have left the profession in the past few years.

CPA 98
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Earn $20 per Book Promoting My Tax Preparer Book from Home in Your Spare Time

AdviceForTaxpreparers

by Bill Meador, CPA, JD. My name is Bill Meador and I am writing a book to help tax staff succeed in a public accounting firm tax department. Since I do not plan to sell this book through a publishing company, I need another way to market the book to the public. Bill Meador, CPA, JD. Bio Latest Posts.

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It’s Official, All the Complaining Is Directly Contributing to the Pipeline Problem

Going Concern

AICPA CEO of Public Accounting and Going Concern favorite Sue Coffey swung by the Accounting Today podcast recently to talk about what else, the pipeline problem. Accounting jobs are fun.” “I And this is the other side of the coin, one of the first posts one is greeted by when visiting r/accounting today.

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Here Are Even More 2024 Accounting Salary Projections

Going Concern

Last month we took a look at the 2024 Robert Half Salary Guide to get an idea what public accounting salaries should be in the range of next year, today it’s a similar report from Addison Group and their 2024 Workforce Planning Guide. The guide covers several industries, we are of course only here for accounting.

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

Accounting Insight

If you’ve followed financial news over the past several months, chances are you’ve seen at least one headline about the ongoing accountant shortage. Several factors contribute to the shortage, like mid-career CPAs changing professions, or early retirements spurred by the pandemic. The question is, how do you get them interested?