The #1 Reason for the CPA Shortage

We dive into the reasons behind the shortage of CPAs in the accounting profession. The top barrier is the overwhelming workload and lack of time for studying. A staggering 43% of respondents cited work and family commitments as the primary reason for not pursuing the CPA credential.

We also explore the hidden impact of the 150-hour rule, which may be understated in surveys due to their limited reach. The cost and time associated with this requirement are still significant factors deterring potential CPAs.

Furthermore, we discuss the alarming health risks of working busy season hours, the urgent need for reduced workloads, and flexible work arrangements to make the CPA credential more appealing and competitive.

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