CEO Cooperman Blames AICPA, Lowballing for Profession’s Ills

Head shot of Joel Cooperman
Cooperman

“The five-year rule is ridiculous and limits the number of people needed in the industry.”

By CPA Trendlines

Finding qualified staff is among the most significant problems facing the accounting industry, and the American Institute of CPAs is partly to blame, according to Joel A. Cooperman, chief executive officer of Citrin Cooperman & Co., a New York-based accounting and consulting services firm with more than 650 employees.

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“The AICPA does a very poor job promoting reasons why accounting can be a very exciting and very rewarding career,” says Cooperman, who co-founded Citrin Cooperman in 1979 and has overseen the firm’s growth to its ranking of 22nd on Accounting Today’s Top 100 firms list with $175 million in revenues during 2014.