by Controllers Council | Mar 27, 2024 | Accounting Education, CPA/CPE, HR/Talent
Today’s financial industry is facing a CPA shortage. Now that accountants have reached retirement age, there simply aren’t enough rising CPAs to fill their shoes. As a result, financial workers are facing pressure to accomplish more with less. Fortunately, there are...
by Controllers Council | May 22, 2023 | Accounting Education, CPA/CPE, HR/Talent
AICPA recently released a plan to accelerate talent pipeline solutions. Below you will learn about the challenges and how to build a pipeline for future CPAs. Addressing Root Causes of Pipeline Challenges The accounting profession is grappling with a talent shortage....
by Controllers Council | Apr 26, 2023 | Accounting Education, CPA/CPE, Top Recommendations
Becoming a CPA and forging ahead with an accounting career requires amongst many things, quality education. With an accounting degree, graduates earn a skill set that can be applied in fields such as financial management, financial advising, forensic accounting and...
by Controllers Council | Dec 26, 2022 | Accounting Education, CPA/CPE, Professional Growth
As you likely already know, CPAs maintain their licenses by complying with their state’s board of accountancy. Though the exact requirements vary between states, CPAs will generally be expected to maintain and augment their skills through continuing professional...
by Controllers Council | Dec 8, 2022 | Accounting Education, CPA/CPE, HR/Talent, Trends
Financial professionals are in short supply. Though the industry peaked in 2019, the number of accountants, CPAs, and corporate finance workers dropped by 17% by 2021, according to Bloomberg Tax Analysis, and the U.S. Bureau of Labor Statistics projects that...
by Controllers Council | Apr 14, 2022 | Accounting, Accounting Education, Career Development, CPA/CPE, HR/Talent
CPA firms are facing an upcoming severe staffing challenge. Almost 75% of the CPA workforce met the retirement age in 2020, as estimated by the American Institute of Certified Public Accountants (AICPA). What’s more, the number of CPA exam candidates has drifted...
