CPA's retiring and facing a drop in the profession
June 1, 2024
In the upcoming years, CPA firms are preparing to face declining staff challenges. Nearly 75% of CPAs are soon to retire.
Why aren’t there any more new CPAs? Being a CPA can be perceived as boring or unexciting which can be unappealing to people who are looking to start their careers. Being a CPA is more appealing to people who like technology and working with computers and numbers, but it is unfortunately unattractive to people seeking out a career.
What can be done to change? Finding a way to make the career more appealing to the newer generation so we can have more CPAs and not face a shortage of CPAs again. Showing how it can be more exciting and rewarding and not as boring as it is perceived.
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