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: Martin and Rob love to hear from the show's 7000+ listeners in 150 countries around the world. If you like the show, leave a review wherever you listen, and please recommend the show to your friends and colleagues.