Candidates Prefer Dot Com Companies Over Firms

Posted by accountingweb on Dec 8 1999 123 printer friendly

Finding qualified employees is getting tougher and tougher, thanks to the rash of online companies. Job candidates are literally lining up to work for high-tech companies with concerns on the Internet and avoiding the brick & mortar routine.

What does this mean to CPA firms and companies hiring CPAs? More accounting professionals, especially risk-takers in the younger ages, will go to work for online companies rather than firms.

The result? These CPAs who may function as internal auditors, CFOs or in other accounting-related positions while their counterparts may be hired as external consultants or auditors for these companies.

So who wins? Quite likely, online firms for the time being because they are attracting personnel faster than traditional firms. Time will tell if this will be the trend or just a passing fad.

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?

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