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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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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. Accounting LIONs.

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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.

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Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

Going Concern

The risk proved successful and helped Deloitte improve its operations even as it contributed to earning Abrash recognition as one of the American Institute of Certified Public Accountants’ 2022 Most Powerful Women in Accounting. Accounting Firm Mergers. EisnerAmper Merges in Maryland Firm.

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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

Accountant Shortage There are 340,000 Fewer Accountants, and Companies Are Paying the Price [ Bloomberg ] Aspiring accountants essentially need five years of college to earn a Certified Public Accountant license. The need for business model transformation in accounting firms.

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

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Accounting Jokes, Videos, Puns and Humor

AdviceForTaxpreparers

A tax partner once told me about a client who complained that every number on his tax return prepared by the CPA firm was wrong because the amounts had been rounded. Famous (and sometimes funny) Public Accounting Quotes. The Accounting Song – Debit Cash / Credit Life Whose Line is it Anyway? Bill Meador, CPA, JD.