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:
152. Pandemic PFP: The impact on clients and practitioners
151. Tragedy’s silver lining, with Lee Frederiksen
150. People, pipeline, pandemic: A view from the top
149. Anirban Basu and the Chamber of Data
148. Should you make the move to .cpa? With Chris Cromer
147. The future of finance in Maryland, with Lexy Kessler
146. The pitfalls and potential of working from home, with Kassi Rushing
145. The CAS mindset, with Hitendra Patil
144. Bending curves and building careers, with David Nour
143. Accounting's future starts now, with Donny Shimamoto
142. Tax pros are people too, with Kelly Phillips Erb
141. The ties that bind are people, with Andrew Codd
140. As leaders, women rule, with Jacquelyn Tracy and Jessica McClain
139. The anticipation advantage, with Amy Zalman
138. The path to excellence is 'extreme humanism' | with Tom Peters
137. Inclusion: Race, gender, and generations, with Kimberly Ellison-Taylor
136. Finance's strategic evolution | with Jennifer Elder
135. Finding energy, restoring balance | with Greg Conderacci
134. The personal impact of change | with Karl Ahlrichs
133. Saving your financial future | with Rachel Richards
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