Managing strained accounting firm capabilities
ThomsonReuters
JUNE 16, 2023
In fact, a 2022 survey by the Virginia Society of CPAs (VSCPA) found that the greatest challenges facing firms are being overworked and understaffed. Based on the findings, the top challenge for accountants is recruitment/retention, at 36 percent. What is firm capability? For instance: do they have the necessary skillsets ?
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