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Where have all the accountants gone?

Where have all the accountants gone?

The Federal Government’s skill shortage list indicates the last time there was a shortage of accountants in Australia was in 2008. Until recently, data shows there has consistently been enough accountants to meet the job vacancy need. In other words, it’s been an employer’s market.

by Shared from Accountants Daily | Aug 31, 2022

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In 2014, the Australian Financial Review wrote that accounting firms could ‘afford to be selective’ as it was ‘not hard to recruit in the current market.’

But fast forward to 2022 and most in the accounting industry will tell you there are ‘too many accounting jobs and too few accountants.’

This sentiment is backed up by the CBA’s Accounting Market Pulse Report which indicates at least 93 per cent of accounting firms consider finding quality staff a challenge.