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

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  • Reinstein, Alan
  • Kaszak, Steven E.

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.

Suggested Citation

  • Reinstein, Alan & Kaszak, Steven E., 2024. "Addressing the shortage of accountants: Suggestions for academe and the profession," Journal of Accounting Education, Elsevier, vol. 66(C).
    • Handle: RePEc:eee:joaced:v:66:y:2024:i:c:s0748575124000046
    DOI: 10.1016/j.jaccedu.2024.100888
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    References listed on IDEAS

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    1. John M. Barrios, 2022. "Occupational Licensing and Accountant Quality: Evidence from the 150‐Hour Rule," Journal of Accounting Research, Wiley Blackwell, vol. 60(1), pages 3-43, March.
    2. Sasmaz, Mary & Fogarty, Timothy J., 2023. "Work-life balance in public accounting: An experimental inquiry into supervisor support for subordinate career progression," Advances in accounting, Elsevier, vol. 61(C).
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