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Calling all fiscal doctors! Need help diagnosing my financial health.

1 min read
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TLDR:

Key points:

  • The role of accountants is changing, with an emphasis on attracting young people to the profession.
  • CPA is not always necessary in accounting firms, as there are a wide range of services offered beyond traditional accounting.

In the article, David Bergstein discusses the changing landscape of the accounting profession. He highlights the importance of attracting young people to the profession by focusing on the evolving role of accountants. While being a CPA is valuable, it is not always necessary in accounting firms that offer a diverse range of services beyond traditional accounting. Bergstein emphasizes the shift towards becoming a digital firm and utilizing technology to streamline processes. He also discusses the future of the profession, which may involve fewer auditors and more client interaction, as well as opportunities in areas like ESG reporting and becoming a B Corp. Overall, the article points to a dynamic and evolving future for the accounting profession.

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