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:
72. We’re Getting Disruption Wrong | with Pascal Finette
71. Your Business Model is Not Your Why | with Will Hill
70. The Culture Key: Bet on Talent | with Dee Ann Turner
69. Color Accounting: Teaching the Language of Business to Everyone | with Peter Frampton
68. Blunt Talk About 'Cannabiz' Issues | with Emily Burns
67. Why you need a cloud strategy | with Blake Oliver
66. Doing Digital Vs. Being Digital | with Matt Loeb
65. How Maryland saved Washington ... and the country | with Chris Formant
64. Regulation: A Hard Trend with a Big Impact | with Russ Golden
63. How to Win in a Winner-Take-All World | with Neil Irwin
62. People Problems | with Paul McDonald
61. Bringing Innovation into Accounting & Finance | with Jordan Kleinsmith
60. Navigating the twists and turns of your career | with Tony Nitti
59. Forget What You Know. The World is Changing. | with Bill Reeb
58. Why We Should Adopt a Moonshot Mindset | with Sherif Hallaba and Travis Dirks
57. Scaling Our Lives by Seeing Things Differently | with Brian Solis
56. CFO 2.0: Transitioning From Navigator to Co-Pilot | with Ash Noah
55. Report: “The Rise of Artificial Intelligence: A Critical Inflection Point for the Accounting Profession” | with Kacee Johnson
54. The Excellence Dividend | with Tom Peters
53. Are Accounting & Finance Regulators Future-Ready? | with Terri Polley
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