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Kapilovich: Treat People Like People | The Disruptors

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Accounting must abandon toxic traditions, prioritize people over profits, and rebuild its mentoring culture—or risk losing the next generation entirely.

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The Disruptors
With Liz Farr

Yuri Kapilovich didn’t set out to become #TheFunCPA. It started as a casual hashtag when he shared photos from buses and bikes, but it stuck—especially after a networking event where attendees misread his booth sign and started calling him “The Funk PA.” The nickname became a brand, but it also reflects his deeper mission: bringing humanity and humor back to a profession that’s burning out its best talent.

CPA TRENDLINES CELEBRATES: The 100th Episode of The Disruptors

MORE STREAMING: Martha Yasso: From Wall Street to Main Street | Jackie Meyer: Tax Plans in 90 Seconds? Believe It  | Erica Goode: Build a $200K Firm in 15hrs/Week | Randy Crabtree: Live at the Intersection of Passion & Skill |McClelland and Telka: Women Ready to Rewrite the Rules of Accounting | Jacob Schroeder: AI Won’t Replace Accountants—But It Will Reveal Who’s Replaceable | Ditching Corporate America: The Bold Story Behind PBS Accounting’s Rapid Rise | Jean Zick: Happy Team = Happy Clients | Breslin & Greathead: Be a Client Advocate | Dominic Piscopo: Clear Pay=Bargaining Power | Debbie Kilsheimer: Stop Thinking Small |

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Kapilovich, founder of Kapilovich & Associates, believes the root of accounting’s talent shortage is simple: misplaced priorities. “We, as a profession—especially in the larger firms—have lost sight of the fact that the number one asset we have is our people,” he says. “It’s not the clients.”

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Struggling to Keep Up with Market Salaries?

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portrait of Dominic Piscopo
Piscopo

Three common misconceptions and how you can compete.

By Dominic Piscopo, CPA
Founder of Big 4 Transparency and
host of the Big 4 Transparency Podcast

I can’t tell you how many firm owners complain to me about the talent shortage and how it’s holding back their growth. In truth, plenty of talent exists. It just may not be out there at the prices you’re willing to pay.

MORE: Tax and Accounting Wages Hit Record Highs | Panel: Radical Changes Coming in Pay and AI | Accounting Influencers
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When firms come to us to source an open position, they usually share a job description that looks solid. But when we get to the salary range they have in mind, it’s often way below what’s being paid in today’s market. That’s usually why they’re not generating as many good candidates as they hope.
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Maybe the Pipeline Problem Is Technology

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bar chart
The percentage of accounting, finance and other business majors working in each occupation. The occupations chosen are the five most common for finance majors, according to the Census. The sample period spans 2009 to 2021.

 

Advances may have had an unintended effect.

By CPA Trendlines Research

Alarms have long been sounding over the dearth of new accounting professionals entering the field. The pipeline of talent running from colleges to entry-level jobs has been trickling just as it needs to gush.

MORE: What If the Staffing Shortage Is Just a Myth? | Staffing, Tech, Prices Top Tax Pros’ Concerns | Five Ways to Fill the Staffing Gap | Top 10 Red Flags to Watch for in Accounting Offices | ARC | Deals 2024: Over 100 CPA Firm Mergers and Acquisitions | Barry Melancon: Private Equity and the Partnership | Gear Up For Growth | Does Your Firm Suffer Cultural Deficiencies? | Audit Fees Continue to Climb | CFOs See AI as Top Risk and Opportunity | Does Accounting Belong in STEM? | Accounting ARC | Opportunity Awaits Incoming AICPA CEO
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Since 2015, the number of graduates with accounting majors has been in steep decline. The number of incoming professionals is by no means keeping up with those who are retiring or switching professions. The vectors point toward an imminent crisis in available talent.
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