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Shortage of Accountants Leads to New Recruiting Strategies

Shortage of Accountants Leads to New Recruiting Strategies

by Rick Turoczy on December 17, 2004

Accounting firms are resorting to all forms of recruitment to keep up with the workload stemming from the Sarbanes-Oxley Act of 2002, which was passed to clean up corporate America in the wake of meltdowns at Enron, WorldCom and others.

Charles Swanson, director of Ernst & Young’s oil and gas practice in the Americas, has witnessed first-hand how far some companies will go to recruit new accountants. He has heard of firms calling up retired accountants, or recruiting former auditors who have moved to other career fields, the Houston Chronicle reported.

Swanson saw the extreme when he saw people at a downtown lunch spot sporting T-shirts that said, “If you’re an accountant, ask me about a job opportunity.”

“We never figured out who was doing it, but we were tempted to lock all our employees inside that day,” Swanson told the Chronicle.

Shortage of Accountants Leads to New Recruiting Strategies

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