Accountants Wanted(Not Available)

Author: Colleen Neuharth McClain

CPE Credit:  2 hours for CPAs

"An increase in the number of businesses, changing financial laws and regulations, and greater scrutiny of company finances will drive faster-than-average growth of accountants and auditors, " reports the Department of Labor (DOL).

This course will review some of the causes and effects of the increasing demand for accountants. We will then review some of the steps that you and your firm can take to retain quality accountants and avoid the risk of accountant turnover within your organizations.

In addition, in response to recent accounting scandals, new Federal legislation restricts the nonauditing services that public accountants can provide to clients. If an accounting firm audits a client's financial statements, that same firm cannot provide advice on human resources, technology, investment banking, or legal matters, although accountants may still advise on tax issues, such as establishing a tax shelter. This requires the client in most cases to hire two separate firms to handle their annual accounting and financial services needs.

Publication Date: March 2012

Number of Pages: 44

Designed For
Accountants who want an insight to where the accounting industry is headed

Topics Covered

  • Who is considered to be the "father of accounting"
  • Who is given credit for inventing the first double entry system of accounting
  • Why there has consistently been an ever growing increase in demand for accountants since as far back as the early 1800's.
  • How the increase in demand will effect CPA's and the organizations they work and clients they work for
  • Overall job opportunities for accountants based on the increase in demand
  • What employers can do to increase there chances of being able to compete against other organizations for the most qualified accountants
  • What will be required in a typical accounting firm as a result of the increase in demand for accountants
  • Important step to improve accountant moral and retention periods
  • Use of "Career Anchors"

Learning Objectives

  • Examine some of the causes and effects of the increasing demand for accountants.
  • Identify what you can do within your organization to improve your chances of retaining quality accountants.

Level
Basic

Format
PDF materials

Instructional Method
Self-Study

NASBA Field of Study
Business Management & Organization (2 hours)

Program Prerequisites
None

Advance Preparation
None