The accounting industry is experiencing a time of change and an increased challenge. Over the past decade, fewer students are pursuing accounting degrees. Those that do often choose not to take the CPA exam. Meanwhile, a large wave of existing CPAs are retiring. Pair those challenges with widespread CPA burnout and you have a severe talent crisis within the profession. In addition to the challenges firms face due to staffing shortages, there is increasing complexity due to new regulations and guidelines as well as rapidly evolving technology.

To attract new hires and retain existing talent, CPA firms are overhauling their work environments to focus on their people and not just their clients. Firms are increasing wages and providing more benefits along with offering remote work and flexible working hours.

In this eBook, we will discuss how firms can capitalize on the current market to increase their profits, scope, and size.

Chapters include:

1. Expanding your Areas of Practice (AOP)
2. Some Specializations to Consider
3. Expanding your Clientele
4. Adding Staff
5. and more...

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