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The Continued CPA and Accountant Shortage in 2023

The Continued CPA and Accountant Shortage in 2023

by Controllers Council | Dec 8, 2022 | Accounting, 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...
Accounting Crisis – CPA Firms Face 75% Retirements

Accounting Crisis – CPA Firms Face 75% Retirements

by Controllers Council | Apr 14, 2022 | Accounting, Career Development, 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...
How the CPA Examination Is Changing

How the CPA Examination Is Changing

by Controllers Council | Jan 12, 2022 | Education, HR/Talent, Training

In 2021, the National Association of State Boards Accountancy (NASBA) and the American Institute of CPAs (AICPA) announced a joint effort to remodel the Uniform CPA examination.  The effort is fueled by changing technology and the drive for CPAs to adapt to the...
Top CPA Programs in the US (universities)

Top CPA Programs in the US (universities)

by Controllers Council | Nov 24, 2021 | Education, 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...
Accounting and CPA Compensation Trends

Accounting and CPA Compensation Trends

by Controllers Council | Jun 25, 2021 | Accounting, HR/Talent, Professional Growth

The value of any job depends on a number of factors, but salary is often one of the primary considerations. In an age where the demand for accountants is greater than the supply, it’s important for companies to offer competitive salaries to hire and retain qualified...
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