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Attractiveness of the accountancy profession

Author

Listed:
  • Cörvers, Frank

    (RS: GSBE MORSE, RS: FdR Research Group ITEM, RS: GSBE - MACIMIDE, ROA / Human capital in the region)

  • Baumann, Sabine

    (RS: GSBE other - not theme-related research, ROA / Education and transition to work)

Abstract

This research was commissioned by the Foundation for Auditing Research (FAR). The motivation for the research is the growing shortage of accountants. In this report, we have tried to find answers to the questions: • How do we retain accountants working at accountancy firms? • What factors are important to prevent their outflow? To answer these questions, we interviewed a group of individuals composed by the FAR. This group consisted of chartered and non-registered accountants at different career stages and with different job levels, along with senior support staff within accountancy firms. The main objective was to rank the possible reasons for attrition by importance and thus identify the ‘root causes’. Although various nuances emerged during the interview, high workload and higher earnings elsewhere were mentioned as the main root causes of leaving the accountancy profession.

Suggested Citation

  • Cörvers, Frank & Baumann, Sabine, 2024. "Attractiveness of the accountancy profession," ROA Report 004, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    • Handle: RePEc:unm:umarep:2024004
    DOI: 10.26481/umarep.2024004
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