{"id":106231,"date":"2022-12-23t11:57:11","date_gmt":"2022-12-23t16:57:11","guid":{"rendered":"\/\/www.g005e.com\/?p=106231"},"modified":"2024-08-14t11:25:34","modified_gmt":"2024-08-14t15:25:34","slug":"talent-retention-five-tips-for-an-audit-adjustment","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/12\/23\/talent-retention-five-tips-for-an-audit-adjustment\/","title":{"rendered":"talent retention: five tips for an audit adjustment"},"content":{"rendered":"

dodge the perfect storm of quiet quitting, the great resignation and busy season.<\/strong><\/p>\n

by chis vanover<\/em><\/p>\n

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vanover<\/figcaption><\/figure>\n

chris vanover<\/strong> is an outspoken survivor of the big 4 and pcaob and has committed himself and auditclub.cpa to helping transform how public accounting firms deliver audit and assurance services.\u00a0<\/em><\/p>\n

the accounting industry is facing a growth in demand but suffering a squeeze on available talent.<\/p>\n

bloomberg tax calculates that the number of accountants and auditors employed fell 17 percent between 2019 and 2021. the shortage starts on the supply side: the number of u.s. students completing bachelor\u2019s degrees in accounting declined from 2016 to 2020, according to the aicpa\u2019s 2021 trends report.<\/p>\n

more trends & outlook for 2023: <\/strong>the biggest change in accounting? personnel<\/a> | look who\u2019s making money now<\/a> | merger minded? go out on top!<\/a> | \u00a0capacity strategies drive change<\/a> | who wants to be partner? not enough<\/a> | private equity heats up m&a<\/a> | top five trends<\/a> | \u00a0compensation gets creative<\/a> | cpa partners rejoice on surging fee growth<\/a> | the office is over<\/a> | accounting firms face up to private equity<\/a> | irs hires will add pressures<\/a> | consolidation brings challenges, opportunities<\/a> |<\/p>\n

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the short supply is aggravated by high turnover and growing demand. accountants have been leaving corporations and audit firms in record numbers. though it\u2019s been expected for some time that baby boomer retirements would produce a talent crunch, the crunch has been earlier and tighter than expected because of the great resignation.
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