Maybe a flip in perception is in order: 150 hours as an investment, not a burden.
By CPA Trendlines Research
The accounting profession is in trouble. Big trouble.
CPA firms experience the problem as a difficulty in finding certified professionals. But the real problem is in the personnel pipeline that feeds the industry, the long, hard, expensive process of becoming a CPA.
MORE: Can Big Data Spot Financial Fraud? | Will Unclogging the Accounting Pro Pipeline Kill Mobility? | Accountants Bullish on Income | Which Niche’s the Best Niche? | Ethics on Sustainability Puzzle Some Accountants | Accountants Hopeful, Concerned and Confused about AI | Survey Respondents See Exciting Year Coming Up | The 7 Categories of Cybersecurity Solutions Firms Need
Exclusively for PRO Members. Log in here or upgrade to PRO today.
To continue the metaphor, it’s also the drain pipe – the increasing flow of professionals out of CPA firms and into retirement. In 2020, 75 percent of CPAs became eligible to hang up their green eyeshades and find something else to do, such as get to know their families and experience the pleasures of daylight.
TO READ THE FULL ARTICLE
