The dearth of incoming certified accountants is a problem that many firms say they saw coming.
“The shortage has been coming for some time,” said Chris Kindlinger, president of Kindlinger & Company.
There are a number of reasons for the decline in the numbers: the retirement of the baby boomers, fewer people entering the industry, and the Great Resignation, where the pandemic hastened people’s job exit plans across many industries.
The Wall Street Journal reports more than 300,000 U.S. accountants and auditors have left their jobs in the past two years. That’s a 17% decline, which the dwindling number of …