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The Accounting Profession Is in Crisis - The CPA Journal The accounting profession is facing a perfect storm, the result of a decrease in the perceived value of the college degree, lower compensation for accounting graduates compared to other majors, the looming enrollment cliff, and the additional burden of a 150-hour requirement to become a CPA
Shortage of Accountants in the U. S. | What to Know Here’s a closer look at these reasons for the accounting labor shortage 1 CPAs are retiring or leaving the industry early According to a 2022 The Wall Street Journal article, over 300,000 U S accountants and auditors left their jobs in the past two years, a 17% decline There are a few reasons for this mass exodus:
Accountant Shortage: How to Protect Yourself This Tax Season Learn why it's happening, who’s most affected, and how to avoid costly mistakes As the April 15, 2025, tax filing deadline approaches, you may find yourself joining the growing crowd of US
Accountant Shortage Demands Proactive Steps From . . . - Bloomberg Tax As fewer graduates leave universities with accounting degrees and more accountants retire, the shortage of professionals will deepen Organizations from in-house accounting teams to external auditors must act now to safeguard their talent pipeline and, by extension, the strength of their operations
Solving the 2025 Accountant Shortage in the U. S. - NCS Global The accountant shortage in USA 2025 is the result of decades of growing concern, slowly escalating from a behind-the-scenes issue among educators and policymakers into a nationwide crisis for the accounting profession Commonly known as the pipeline problem, this persistent CPA shortage in the USA now calls for bold, collaborative solutions