The Road Ahead for Accounting and Finance Professionals
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The Road Ahead for Accounting and Finance Professionals

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Accounting and finance students may lack the skills needed for a lifelong career. More than 50% of finance executives can't find qualified staff. And about 75% of accountants work inside......

Accounting and finance students may lack the skills needed for a lifelong career. More than 50% of finance executives can't find qualified staff. And about 75% of accountants work inside organizations rather than in the tax and audit positions they prepared for in school. Learn more about the Competency Crisis and how professionals, employers, students and academics can solve it together: http://www.CompetencyCrisis.org

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  • 1. Graduate College Accounting and finance hopefuls spend at least four or more years in school but may be lacking the skills needed for a lifelong career. Get Hired A young professional with a degree and a fantastic G.P.A. feels ready to make a mark in the world of accounting and finance. Employee and employer expect that a degree has prepared the emerging professional for real-world scenarios. The Way Forward To succeed in business, accounting and finance professionals need skills in analytical thought, problem solving, business strategy, leadership and communication. REALITY CHECKPOINT About 75% of accountants work inside organizations rather than in tax and audit positions. The Result Professionals aren’t prepared to move up in business. Employers feel candidates and new hires lack the skills and diverse knowledge set needed to support a thriving business. Creating a Solution Professionals, students, employers, and academics must collaborate to find solutions that close the skills gap in the profession. More than of finance executives can’t find qualified staff. YIELD DETOUR ROAD WORK HOV 2+ ONLY A look at the road ahead for accounting and finance What is the Competency Crisis? Bringing stakeholders together to build the road to a better future for the accounting and finance profession. COMPETENCY The New Paradigm The role of professionals in accounting and finance has been reinvented. Unfortunately, in many cases, the curriculum has not. competencycrisis.org