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Started By
Message
re: Accountants fees skyrocketing
Posted on 2/6/23 at 12:17 pm to Weekend Warrior79
Posted on 2/6/23 at 12:17 pm to Weekend Warrior79
quote:
From what I am hearing from my few friends still in public, a lot of firms that are not the Big4 are having problems filing these roles with fresh grads willing to put in the hours. Having a hard time finding people willing to put in more than 50 hours during busy season, which is forcing them to increase their workforce, or turn down work and increase fees.
The entire CPA firm model is built on leverage. Hire young people with low hourly effective wages (due to OT) and charge them out at miuch higher rates.
That works as long as there is a steady supply of such young kids.
That is drying up.
2
Posted on 2/6/23 at 12:26 pm to LSUFanHouston
Hard to major in accounting these days when you can major in things like comp sci where you make more money coming out, work far fewer hours, and don't need extra schooling in order to pass a shitty comprehensive exam that takes at least six months to pass (if you're lucky).
PA is basically white collar slave labor.
PA is basically white collar slave labor.
Posted on 2/6/23 at 7:37 pm to LSUFanHouston
So has all of this had any effect on what staff get paid?
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