Lemme, a division of EPIC’s Post

For all the new accountants: What impacted your decision to choose your firm? I am curious if we can add anything to this list. Bonus, pro tip below. "[M]any experts advise against early-career accountants taking on a "grass is always greener on the other side" mentality, especially if they want to make partner one day. They instead encourage young accountants to join a firm that offers room for both vertical and horizontal growth."

The biggest decisions young accountants have to make 📊🖥️ Navigating a career in accounting has never been more daunting for young professionals. Those just starting their careers have a host of decisions to make, and perhaps the two most important are picking a firm and choosing a path between –– Read the full Accounting Today article below 👇 https://hubs.ly/Q02HS5Jv0

There are many adventures to be had by young #accountants as they begin their careers. We know as well as you that we are not simply number crunchers hunched over piles of files at our desks on the daily. We are much more than that and the #opportunities for personal and #professional growth in our, and any other firm, are many and varied. "Young accountants have never had so many options. Historically, being an accountant often involved little personal agency — most young accountants followed the career path laid before them by their firm, and that path looked much the same from firm to firm. But now with advancing technology propelling the profession forward, new service lines multiplying almost daily, and a labor shortage putting young talent in high demand, new career pathways and opportunities are opening." #paradigmshift #practicemanagement #cpa #cpajobs #accountingnews #professionaldevelopment

Amid a growing workforce crisis in the accounting industry, firms are getting creative in their recruitment efforts. Jeremy Cole and other professionals at BST & Co. CPAs recently engaged high school students at a Siena College event, showcasing how dynamic and rewarding a career in accounting can be. With senior accountants retiring and fewer college students pursuing accounting degrees, firms are highlighting the exciting changes in the industry, such as the integration of AI and the diverse, problem-solving nature of the job. Events like these aim to attract young talent by emphasizing the profession’s potential for both career growth and a balanced quality of life. #Accounting #Recruitment #CareerOpportunities #AI #FutureOfWork

Many accounting students, ready to start their careers in public accounting, face an important decision: specialize in tax or audit? 💡 In this blog, Paula Restrepo shares her experience in the rotation program where she was allowed firsthand experience of each field and how it led her to make a well-informed decision regarding her preferred career path. 🔗 Read more here: https://bit.ly/3PZH8RI #rotationprogram #accounting #auditortax #houstoncpa

⏰ Tax Day is fast approaching, and with it comes a heightened demand for skilled accountants! Did you know there's a limited supply of new graduates entering the field? With fewer accounting students in the pipeline and a significant portion of industry CPAs nearing retirement age, the demand for fresh talent has never been higher. According to the American Institute of Certified Public Accountants, there's been a decline in the number of accounting graduates in recent years, highlighting a pressing need for new professionals to fill the gap. But fear not! Jessup's Bachelor of Accountancy (BAcc) program is here to bridge that divide, offering a fast-track path to CPA readiness in just 3.5 years. Join us in meeting the industry demand head-on—apply now and become part of the solution! #AccountingShortage #CPANeeded #JessupUniversity https://lnkd.in/gcZX6SA8

As proud as I am of my CPA heritage, I acknowledge that the profession has always had an image problem. And yet, very few business careers prepare you with the confidence to deal with complex sets of data and the analytical skills that every business needs regardless of size. But younger students are opting away from accounting as a career choice because they can make more money in other business fields and these other fields seem to have fewer barriers to entry like the CPA exam and better pay. My advice to students: be patient and invest in yourself and your future will take care of itself. My advice to the business community: invest in the right talent; treat them well and pay them more! You’ll see people knocking at your door.

The accounting profession is facing a slowdown in their hiring pipeline as graduation rates for accounting majors have declined recently. The rate of new hires is not keeping up with the rate of retirement for existing accountants. Some firms are turning to employee ownership to solve the problem. In our blog, we examine the factors at play and look at two major firms, BDO USA and Grassi who are embracing ESOPs to expand the pool of accountants. Read the blog here: https://lnkd.in/d-sRjEH3 #ESOP #employeeownership #ownershipculture #accounting

Changing the perception of the role of #accountants is not always an easy task, but it’s an exciting one❗ ❗ ❗ We often encounter students who think it's a boring job, imagining themselves in cubicles 🏢 with calculators and computers 💻 . Then, there are those who aren’t sure what accountants actually do 🤔. On the other hand, we meet parents and teachers who discourage students interested in accounting because they believe AI and technology will make these roles obsolete. 🛑 They couldn't be further from the truth… As part of our role, the Careers Engagement team actively engages with students, parents, teachers, career advisors, and accounting professionals to bust these myths. I’m excited to share this article about an event where Chartered Accountants Australia and New Zealand collaborated with Auckland University of Technology, MYOB, and BDO in New Zealand last month. This event is a great example of the work we do. Bringing real accountants and accounting students to speak to these groups helps them understand the reality of the market and gets future generations excited about a career in accounting. Accounting might not be for everyone, but those who choose it will undoubtedly have an exciting and rewarding career. https://lnkd.in/gT9RX6BX #AccountingFuture #CAANZ #Students Robyn Nicholl Jacklyn Lim Christine McKinnon Nicola Lancaster Nicky Hudson

There’s a shortage of accountants. Accounting graduates are deterred by low wages and a lack of education on career paths, while many experienced accountants are leaving the field entirely. Is that a surprise to you? Becoming a CPA requires significant mental, financial, and time investment. You must pay for tuition, complete hundreds of hours of experience, and pass a rigorous exam— all to earn three letters after your name and a median salary of around $80K. Where once people were proud to work long hours during busy season, many accountants no longer feel the same way. They’re seeking more balance and looking for firms that offer greater flexibility. So, what now? Some companies, like EY US, plan to invest more in early-career compensation and fund the development of AI-powered audit and tax software. Other organizations are forging closer partnerships with educational institutions to provide more information on possible career paths. Many of my clients seek my support because they feel lost in their career direction as well. Having had the same thoughts myself, I was inspired to specialize in coaching other accountants to create their own unique path as a CPA. A career in accounting doesn’t have to be the way it always was. You have the ability to take charge of your career and create your own pathway. The original article posted by Accounting Today can be found here: https://lnkd.in/g324KZiG