Are CPAs Recession-Resistant?

CPAs thrive despite today’s shaky economy.

Job market and practice development prospects remain promising, Sukanya Mitra reports in this week’s CPA Insider.

She quotes:

“In the short run, business owners typically will seek out more tax, financial and accounting advice in order to most effectively react to the deteriorating economic conditions.” — Blake Christian at Holthouse Carlin & Van Trigt LLP in Long Beach, Calif.

“Bleak economy or not, businesses always need accountants.” — Andy Bose, a soloist in Kew Gardens, NY.

“This mild recession seems to be headed for what economists refer to as a ‘shallow landing’ and will not have the devastating impact on jobs that the doomsayers have predicted.” — Kenneth LaBahn, corporate recruiter for Wolters Kluwer.

One Response to “Are CPAs Recession-Resistant?”

  1. XYZ

    Now the above forecast has turned out to be false with a steep recession we’ve got in our hands.