CPA Shortage?

Boston Business Journal features a story on the difficulty public accounting firms are having in finding new talent. To handle this situation, firms are having to seek alternate methods in finding new CPA's such as going through recruiting firms. Doug Farrington, a managing director in the Boston office of UHY Advisors says, "We have no choice but to deal with recruiters because candidates often are going straight to them instead of straight to the firms." There are several factors that are causing this shortage. Students that were once considering going into accounting when they are in school are opting for a finance degree instead. There is also a surge in demand for accountants to handle the programs to comply with Sarbanes-Oxley within public companies.

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