Accountant Shortage- A Growing Concern in USA.pdf

MilesCPAReview 27 views 8 slides Jun 12, 2024
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About This Presentation

1. Key Factors Behind the Shortage
2. Business Impacts
3. Addressing the Shortage
4. Collaborative Efforts
5. Future Outlook
6. Taking Action

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Slide Content

The Accountant
Shortage:
A Growing Concern!

●Aging workforce and retiring
baby boomers
●Declining interest in accounting
careers among students
●Rapid technological
advancements (automation, AI)
Key Factors Behind
the Shortage

●Heavier workloads and
increased error risks
●Challenges in maintaining
financial accuracy
●Decreased stakeholder
confidence
Business Impacts

●Promoting accounting careers
through education
●Enhancing professional
development to adapt to new
technologies
Addressing the
Shortage

●Partnerships between
educational institutions,
professional organizations, and
businesses
●Investment in accounting
education and technological
integration
Collaborative Efforts

●Importance of tackling the
accountant shortage for
economic stability
●The role of collaboration and
investment in building a strong
future workforce
Future Outlook

●Support educational initiatives
and career promotion
●Develop partnerships for
long-term, sustainable solutions
Taking Action

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