Addressing the shortage of accountants: Suggestions for academe and the profession

Alan Reinstein and Steven E. Kaszak

Journal of Accounting Education, 2024, vol. 66, issue C

Abstract: The popular and academic press reports recent and future major decreases in accounting enrollment to the detriment to accounting faculty and the firms that hire our students. Based upon a major review of the literature and our own experiences, we discuss this matter in depth and suggest means to reverse these trends. For example, we suggest that the CPA profession stress that (1) while earning lower starting salaries, experienced accountants often earn significantly higher salaries than other business majors; and (2) accountants can more likely own equity in their employers’ businesses as compared to other, competitive business fields.

Keywords: Accounting enrollments; Generation gap; Gig economy (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joaced:v:66:y:2024:i:c:s0748575124000046

DOI: 10.1016/j.jaccedu.2024.100888

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