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CPA Shortage Affecting Local Firms | News [Video]

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More than 300,000 accountants and auditors left their jobs in the past two years, and there aren’t a lot of people stepping up to fill those spots. The shortage of CPA’s is affecting the entire industry and some local firms are finding it hard to find the right people for open positions.

“It’s becoming more and more of a problem,” said Mark Bailey, managing partner and founder of Excelsis Accounting Group in Reno. “It’s always been a bit of a problem, but it’s more of a problem now than it’s ever been.”

Recent retirements are a part of the problem, but Bailey says the perception of the professional as a whole has something to do with it as well.

“I think that our profession really has abused those at the entry level and discouraged them from coming into the profession,” he said. “It’s not uncommon for an accounting firm to …

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