{"id":95198,"date":"2022-03-09t10:00:53","date_gmt":"2022-03-09t15:00:53","guid":{"rendered":"\/\/www.g005e.com\/?p=95198"},"modified":"2024-08-14t11:25:49","modified_gmt":"2024-08-14t15:25:49","slug":"cpa-roi-doa-why-the-next-gen-accountant-wont-be-a-cpa","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/03\/09\/cpa-roi-doa-why-the-next-gen-accountant-wont-be-a-cpa\/","title":{"rendered":"cpa roi doa: why the next-gen accountant won’t be a cpa"},"content":{"rendered":"
extinction ahead: the next generation of would-be cpa could be one of the last.<\/strong><\/p>\n by 卡塔尔世界杯常规比赛时间<\/em><\/p>\n is the cpa profession doomed to die out?<\/p>\n it\u2019s too soon to say, but the signs aren\u2019t good. the need for public accountants is bound to continue, but will there be accountants to fill that need? it\u2019s already hard to find qualified, certified professionals, and a peek in the pipeline shows no improvement.<\/p>\n related:<\/b>\u00a0matt wilkinson: think small to think big<\/a> | how to communicate your value<\/a>\u00a0\u00a0| payroll services rocket with u.s. economy<\/a> | internal communication can\u2019t be overlooked<\/a> | top issues: talent, time, and transformation<\/a> |\u00a0 the disruptors: re-inventing accounting with tyler anderson<\/a>\u00a0|\u00a0 making partner: the essential metrics<\/a>\u00a0|\u00a0 stop complaining and start innovating<\/a>\u00a0|\u00a0 staff retention for remote workers<\/a>\u00a0| 4 top communication habits<\/a> \u00a0| how to measure partner potential<\/a> \u00a0| staffing shortage cripples growth at 40% of firms<\/a> | is it time to outsource?<\/a><\/p>\n more <\/strong>in recruiting\u00a0 & talent management<\/a><\/span><\/p>\n the aicpa has been warning us about this trend for several years. the aicpa trends report of 2019 saw bachelor\u2019s, master\u2019s and ph.d. accounting enrollments down four percent, six percent and 23 percent from the already low levels of 2018. meanwhile, the illinois cpa society reports that less than half of all accounting graduates even bother sitting for the cpa exam.<\/p>\n <\/p>\n perceiving a \u201crisk of losing talent, influence, and opportunity,\u201d the illinois cpa society set out to identify the source of the problem. a survey asked about attitudes among 3,102 accounting students, graduates, and professionals under the age of 35, 88 percent of them either currently a cpa, aiming to become one, or seriously considering the possibility.<\/p>\n the results found several sources of reluctance to get certified. the big one: the cpa exam itself\u2014its difficulty and its relevance to a career.<\/p>\n \u201cby and large, the most faced or anticipated barrier to becoming a cpa cited by respondents is the time commitment needed to study for and pass the cpa exam,\u201d the survey concluded. \u201cin fact, workload time commitment was by far the top reason for deciding not to complete the cpa exam by those who started the process but did not complete the exam.\u201d<\/p>\n students tended to be daunted by the difficulty of it all.<\/p>\n <\/p>\n the question of relevance<\/strong><\/p>\n breaking out the reasons respondents chose not to prepare for the exam, the top concerns were:<\/p>\n contrary to popular belief, the cost of extra credit hours\u00a0was not among the top barriers.<\/p>\n looking at the pie slice of respondents who are cpas or on track to certification, however, 95 percent believe the credential is valuable or very valuable. in fact, even among the 65 percent who started but did not complete the cpa exam felt the credential would be valuable if they had it.<\/p>\n actually, even other credentials weren\u2019t seen as all that important. fifty-one percent of all respondents neither have nor plan to pursue any credential whatsoever.<\/p>\n <\/p>\n surprises<\/strong><\/p>\n who are the big influencers who guide students into accountancy?<\/p>\n employers and prospective employers? not so much\u2014just 39 percent.<\/p>\n professors? even less\u2014just 33 percent.<\/p>\n the most influential influencers? the young professionals themselves\u201453 percent.<\/p>\n and here\u2019s another little surprise that every cpa firm should be aware of: higher-than-average salary was not<\/em> a top factor in deciding to become a cpa.<\/p>\n for those who actually became or intended to become cpas, the top two reasons were almost the same: career advancement opportunities and greater marketability, in both cases attractive to more than 95 percent.<\/p>\n still, salaries were a reason for slightly over 90 percent.<\/p>\n and interesting runner-up reason: credibility, trust, and respect, cited by just under 90 percent.<\/p>\n and perhaps the most shocking finding of all: only 27 percent of all respondents saw themselves spending most of their careers in public accounting. a third saw their careers in businesses, not cpa firms. but a significant 24 percent weren\u2019t sure where they were going, and in those uncertain ranks lies the future of the accounting industry.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":"exclusively for pro members.\u00a0<\/strong>log in here<\/a>\u00a0or\u00a02022世界杯足球排名 today<\/a>.<\/p><\/blockquote>\n
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