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Why Are So Many Professionals Leaving or Not Even Entering Accounting?

Episode 47. In today’s news episode, The Accounting Influencers Podcast explores accountancy as a preferred profession or career choice plus better talent retention for accounting firms.

Key takeaways include:

▶ What leads accounting firm leaders and firm partners to view their staff as ‘worker ants’

▶ Why financial and emotional investment in employees is so low in accounting practices

▶ What looking after your staff makes them want to do in an accounting practice

▶ What makes many younger accountants doubt their future and place in the accounting profession

▶ Are there really more accounting professionals leaving the profession than there are coming into it?

▶ Why the talent shortage in accounting and finance is only acute in some parts of the world

▶ How technology and outsourcing play their part in harnessing the human capital in an accounting firm

▶ How to keep accounting talent in the profession if they are looking elsewhere or not being looked after where they are

▶ Where the blame right lie for accountants leaking out of or not wanting to come into the accountancy profession

▶ How loss of good accounting talent is worsened by the inability of many accountancy practices to recruit new talent

▶ How numbers-oriented individuals and accounting graduates have so many career options now outside of accountancy practices

▶ The difference between an accounting practice and an accounting business

▶ How the Big 4 firms cast a net over the highest quality accounting talent, then spit the rest out for other firms to fight over

NOTE TO LISTENERS:

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