The hierarchy of the modern accounting firm hasn’t changed since the 90s, with managing partners on top and juniors and more experienced staff below. Firms regularly rely on fresh graduates entering the job market, yet these same graduates are looking for higher salaries than they once were. Firms are turning to alternative staff that can take off some compliance work quickly at low cost, and given that raising prices in line with inflation may cost these businesses clients, it appears to be a stopgap that allows staff to focus on advisory services. Do you think this stopgap will be the future of the accounting industry if the talent shortage remains?

Posted by Accountants' Club at 2022-03-23 16:52:30 UTC