Sikich managing principal Richard Lynch’s insights on the state of the accounting industry were featured in CPA Practice Advisor. The article explores how the accounting profession faces a structural talent shortage that technology alone cannot fix, as fewer CPAs strain compliance, audit capacity, and economic growth. However, new pro-accounting legislation in states like California and New York is creating a rare opportunity to modernize licensure and accelerate workforce entry.
Lynch outlines how modern accounting offers dynamic, collaborative careers with leadership pathways, industry exposure and growing use of AI, yet these realities are poorly understood by students. To seize this moment, the profession must actively reshape its narrative, invest in technology and mentoring, and clearly communicate the long-term value of an accounting career.
Read the full article: Opinion: States Are Responding to the Accounting Crisis. Now, It’s the Profession’s Turn – CPA Practice Advisor
This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.
