5 actions to help CFOs avoid a staffing crisis
Accounting, long considered a stalwart “safe,” lifetime career path, is facing an exodus without enough new personnel to fill the demand left behind. More than 300,000 United States accountants and auditors have left their jobs in the past two years, including a rising number of midcareer professionals. At the same time, fewer students are opting to enter the accounting field. The number of US students who completed a bachelor’s degree in accounting declined nearly 9% to about 52,500 in 2020, down from almost 57,500 in 2012, according to the American Institute of Certified Public Accountants (AICPA).
