The Outlook for the Accounting & Tax Professions

In this video, I discuss the outlook of the accounting profession. According to the Wall Street Journal, 300,000 U.S. accountants and auditors have left their jobs in the past two years, that’s a 17% decline.

Are the accounting & tax professions dying like some say? Is it too difficult to work in public accounting with the long hours and tedious work? Is a CPA even worth it anymore?

I share my insights for those looking into the field of accounting or becoming a CPA, and insights into how technology can impact the field of accounting and taxes.

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Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!

On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media.

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Thanks for watching my video on, Are the Accounting & Tax Professions Dying?

Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.

⏱️VIDEO CHAPTERS⏱️
00:00 - Accounting Profession & Tax Professions
02:09 - Why are Accountants Leaving the Profession?
03:05 - Becoming a Solo Accounting and Tax Professional
04:04 - Is Becoming a CPA Worth it Anymore?
05:05 - Future of Accounting and Tax Profession With Technology
06:56 - Accounting Firms Moving Work Overseas
07:25 - Does Accounting Profession Sounds Appealing in this Day and Age?

Replay Video Link:    • The Outlook for the Accounting & Tax ...  

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