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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. Audit Deficiencies by Accounting Giants Grew in Latest Inspections, U.S.

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Friday Footnotes: Working 100 Hours a Week (For Real); 99% of Firms Short on Staff; The EY Power Struggle | 8.4.23

Going Concern

Less than 1% of firms can find enough staff [ Accounting Today ] Relatively few CPA firms are able to find enough employees to fill their ranks and are resorting to strategies like hiring workers abroad, raising starting salaries, offering fully remote jobs, and hiring staff who haven’t graduated college, according to a new survey.