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

CPA Practice

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% Pay a more attractive entry-level accounting salary.

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Bold Move Listing ‘Lucrative Compensation’ As One of Five Reasons to Pursue Accounting, Montclair State

Going Concern

According to layoffs.fyi , 139,534 people have been laid off from tech companies so far in 2024. The biggest global opportunity afforded to accountants in 2024 is interacting with the ever-growing offshore team. Diverse Career Paths One of the most appealing aspects of an accounting career is its versatility, they said.

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An Accountant’s Weekend Reading | 12.27.24

Going Concern

Comments are open if you’d like to share your opinion on anything here, or any other relevant happenings in and around the accounting profession. Grant Thornton: Rounds of layoffs of 300 in May 2023, 200 in November 2023, and 350 in May 2024. My thoughts on all of this: I am staunchly opposed to PEs entry into public accounting.

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2024 Public Accounting Starting Salary Numbers Are In

Going Concern

Staffing authority Robert Half has released its much-anticipated 2024 Salary Guide and just like years past, the guide is packed with intel not only on finance and accounting but the greater job market that we really don’t care about. Percentage change is in parentheses and rounded to two decimal places.

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2024 Projected Public Accounting Salaries in Eight HCOL Cities

CPA Practice

Public accounting starting salaries for 2024 are expected to range between 7% and 38% higher than the national averages in eight of the top 10 cities in the U.S. Last week, specialized staffing firm Robert Half released its 2024 Salary Guide , and an analysis of the pay data by CPA Practice Advisor revealed a 3.6%

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Public Accounting Salary Projections For 2025, According to Staffing Firm LHH

CPA Practice

Average public accounting salaries in audit/assurance are expected to range from $80,000 for an associate to $140,550 for a manager in 2025, while the average salaries for roles in tax are projected to range from $79,800 for an associate to $172,200 for a senior manager next year, according to LHH Recruitment Solutions.

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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 worst is being a data entry specialist…anywhere.