This week, we're diving into a well known, critical issue gripping our profession: the shortage of CPAs. It's a widespread challenge impacting businesses, causing staffing gaps, burnout, and compromised client service. The scarcity of expertise has escalated workloads, hindered recruitment and retention, and even led some firms to decline work due to insufficient manpower. To combat this, many organizations are resorting to measures like increasing compensation and offering more flexible work arrangements. The profession is undergoing a transformation to adapt and survive.
The ramifications extend beyond the accounting realm, influencing how businesses operate at large. Solutions are being sought across various fronts, including regulation, education, and cultural shifts. At the forefront of these discussions is our guest, Lexy Kessler, Mid-Atlantic Regional Leader and Partner at Aprio as well as a former chair of MACPA Board of Directors, who now chairs the National Pipeline Advisory Group. This group is spearheading efforts to formulate a unified strategy to address the talent shortage, leveraging unbiased research and stakeholder input. They've launched a national survey to gather insights and ideas for tackling this issue head-on. In our conversation, we delve into the progress of this initiative, its timeline, potential outcomes, and the individual CPA's role in bolstering the pipeline
Resources:
211. Talent's impact on internal controls, with Dr. Rebecca Hann
209. Is A.I. the answer? with Will Hill
208. The science behind purpose, with Britt Andreatta
207. A.I.'s keys: Curiosity, Usefulness, with Jason Staats
206. Not another leadership book, with Emmanuel Gobillot
205. A.I. strategy: Fire, ready, aim, with Pascal Finette
204. Out-of-the-gate A.I. strategies, with Don Tomoff
203. Investor-friendly audits? with Jack Ciesielski
202. Are you a reality-based leader? with Alex Dorr
201. Leading through change, with Okorie Ramsey
200. Talking tax ahead of busy season, with Steven Lyon
199. CAS opportunities in spend management, with Jayson Brannon and Dan Luthi
198. Hybrid work's sweet spot, with Alex Kirillov and Jim Brady
197. Inspiring next-gen CPAs, with Christine Aspell
196. Leading with significance, with Joey Havens
195. Tax and CAS: It works, with Jasen Stine
194. Packing the pipeline, with Liz Barentzen
193. The weak link in strengths-based work, with Marcus Buckingham
192. Tech, talent and the future of audit, with Christina Ho
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