5 Best Practices for Closing the Skills Gap in Accounting Industry

Accounting professionals are in high demand as businesses look for new ways to provide value in the digital age. There is only one issue – a significant, persisting skills gap. Accountancy appears to be an excellent career choice for the current generation of commerce graduates. There is a high need for talented persons, numerous career opportunities, and a rising range of job opportunities.

However, as freshly trained accountants have discovered to their dismay in recent years, employment postings frequently do not match their acquired skillsets. Additionally, many highly qualified accountants are finding themselves unprepared to meet the evolving needs of accounting firms and their clients, particularly with the advent of big data, automation, and artificial intelligence.

As a result, accounting firms are having an increasingly difficult time recruiting qualified candidates for a range of roles.

So, here we are with 5 Best Practices for Closing the Skills Gap in Accounting Industry: