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

Accounting Insight

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 CPA firms to consider.

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

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.

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

CPA Practice

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 accounting jobs by 2025.

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

Going Concern

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 accounting jobs at Accountingfly. Do you have a wandering eye?

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