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:
132. Automating corporate compliance | with AJ Yawn and Jeff Cook
131. Where we've been ... and where we're going | with Tom Hood
130. Wanted: A more diverse profession | with George Willie
129. What to know about PPP Round 2 | with Erik Asgeirsson and Lisa Simpson
128. Digital transformation in corporate finance | with Wayne Slater
127. Looking back ... and ahead on the CPA profession | with Allen DeLeon
126. Choosing to thrive as 'the worst year ever' comes to an end | with John O’Leary
125. State legislative issues start with finance | with Tom Hood
124. The post-pandemic office and the future of work | with Cheryl Duvall
123. What’s your 'And?' | with John Garrett
122. Cybersecurity and COVID-19: How to protect your firm and your clients | with Scott Fleszar
121. The 3 Ps of taxes: Politics, policy ... and patience | with Edward Karl
120. Creating the Progressive Accountant | with Twyla Verhelst
119. Finance, football and the future of the profession | with Jeff Goering
118. DEI in accounting 'still a challenge' | with Anoop Mehta
117. Me and my bot: The future of accounting | with Byron Patrick
116. How A.I. will change everything | with Alexander Hagerup
115. Great leadership is healing leadership | with Ed Kless
114. Integrated reporting: Value beyond the numbers | with Charles Tilley
113. Are you master of your domain? .CPA now available | with Erik Asgeirsson
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money