Accounting Firms in Delaware Tackle a Hiring Crisis
from Delaware Business Magazine – September/October 2023
by Andrew Sharp, Delaware State Chamber of Commerce
The state of hiring for accounting firms in Delaware is explored in this article from Delaware Business Magazine.
HERE’S THE PITCH: The pay starts out solid, and gets better. Companies will basically throw jobs at you even before you get out of college. You won’t have to worry about recessions.
“Nah, no thanks,” increasing numbers of young people are saying.
More than 100,000 candidates sat for the CPA exam in 2016, according to the American Institute of Certified Public Accountants. In 2022, fewer than 67,000 did.
That’s the state of the accounting profession in a nutshell right now. Delaware CPA firms are sounding a warning about the challenges they’re facing, which include trouble finding staff and tough choices about taking on new clients.
“It’s a real battle, and I don’t think it’s going to get any better quickly,” says Marie Holliday, managing director of Cover & Rossiter in Wilmington.