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Initiatives Address Accountant and CPA Shortages

Initiatives Address Accountant and CPA Shortages

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....
Top Accounting CPA Programs in 2023

Top Accounting CPA Programs in 2023

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...
The Continued CPA and Accountant Shortage in 2023

The Continued CPA and Accountant Shortage in 2023

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...
Accounting Crisis – CPA Firms Face 75% Retirements

Accounting Crisis – CPA Firms Face 75% Retirements

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...
How the CPA Examination Is Changing

How the CPA Examination Is Changing

by Controllers Council | Jan 12, 2022 | Accounting Education, CPA/CPE, 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...
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