Understanding the Root Causes of the US Accounting Resource Shortage
Outsourced Bookeeping
SEPTEMBER 27, 2024
In 2020 alone, accounting graduates dropped by 2.8%, while master’s graduates saw an 8.4% The issue goes two steps deep—CPA exam participation also dropped by 7%, the lowest level since 2006. Understanding the root cause is key for any business or CPA firm to protect itself from the consequences.
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