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Top 5 tips for accounting firms to find qualified workers

Accounting Insight

Trouble finding qualified staff continues to be a top concern for accounting firms of all sizes, according to the AICPA’s 2023 Top Issues Survey. Your firm obviously needs a certain number of licensed CPAs if you provide auditing services. Today’s labor market is most certainly a challenge for accounting firms.

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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

For respondents, the staffing struggle also meant curtailing business growth (19.23%), more errors in sales tax calculation (17.58%), more frustration from existing staff (21.43%) and, perhaps scariest, a growing lack of confidence in being prepared for an audit (22.53%). million accountants and auditors in the U.S. There were about 1.65

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Public Accounting Starting Salaries Expected to Increase Nearly 4% in 2024

CPA Practice

in 2024, while audit and assurance services will see starting salaries likely go up an average of 3.8% next year, according to a CPA Practice Advisor analysis of public accounting pay data provided by specialized staffing firm Robert Half. Firms that are upfront about a role’s salary range can improve their hiring prospects.

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Number of Accounting Grads Continues to Shrink

CPA Practice

post-secondary accounting degrees fell sharply in the 2021-22 academic year, according to a biennial American Institute of CPAs (AICPA) report on trends related to accounting graduation rates, the CPA Exam and hiring demand by accounting firms. Master’s degrees earned at private institutions fell 10.9%

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CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline

CPA Practice

Pretty much overwhelmingly they said it was because you have to have an accounting degree and a CPA, which isn’t true. Firms are looking at non-traditional hires and non-CPAs. But they also overwhelming said it’s boring, it’s stuffy, you do taxes or audit. There’s a lot more to it than doing audit and tax.

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Talent-Strapped Down Under Deloitte and EY Are Importing Staff

Going Concern

We all know outsourcing is big these days — accounting firms might be sending a third of their work overseas and some seniors are overseeing an entire team of offshore associates — but what about insourcing ? We’re talking about talent-strapped Big 4 firms bringing the offshore talent to them. In the U.S.,

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The Accounting Talent Shortage is Not New, You Guys

Going Concern

A record 68,639 students graduated with accounting degrees in 2010. Nearly 4 in 10 accounting graduates hired last year by CPA firms had master’s degrees, compared with 26 percent in 2008. By contrast, 43 percent of graduates hired had bachelor’s degrees, down from 56 percent in 2008.

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