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The accounting industry in the U.S. is facing a shortage of 340,000 accountants, leading to mistakes in earnings reports and a lack of new talent entering the field. Seasoned accountants are retiring, while new applicants are deterred by additional educational requirements and lower starting pay.
According to the CPA Journal, the number of CPAs has declined by 300,000 relative to other industries due to lower starting pay. This has contributed to earnings delays and corrections... Seasoned accountants have been retiring and not enough new accountants are joining these…
According to the CPA Journal, the number of CPAs has declined by 300,000 relative to other industries due to lower starting pay. This has contributed to earnings delays and corrections... Seasoned accounts have been retiring and not enough new accountants are joining these…
The U.S. is short 340,000 accountants—just look at the wave of earnings report mistakes https://t.co/wcVmte3qMC
