Tax filing time is approaching and there is a CPA shortage, notes Grumpy Editor.
The profession that thrives on numbers is now having a problem seeking people to tangle with numbers.
The Wall Street Journal points out 150 college credit hours are required to become a certified public accountant.
The shortage of accountants in the U.S. has firms boosting salaries and sending work abroad, it adds.
Would-be CPAs need to attend college for five years to amass 150 hours of college credit required to get licenses.
The Journal cites some in the field say the extra time and expense in schools “are keeping students from entering the field.”
IN CASE YOUR FAVORITE NEWS OUTLETS MISSED THESE...
FALSE NEWS IS SPEEDY. A MIT study finds false news online reaches people about six times faster than the truth and falsehoods are 70 percent more likely to be retweeted on Twitter than the truth.
U.S. MOVIE SCREENS DECLINE. The number of movie screens in the U.S. declines to 39,007 last year from 41,172 in 2019 while the North American count slips to 42,063 from 44,283.
GM OFFERS BUYOUTS. General Motors is offering buyouts to most of its U.S. salaried workforce and some global executives in an effort to trim costs as it makes the transition to electric vehicles. GM has about 58,000 salaried workers in the U.S.
WORLD’S OLDEST LIVING DOG IS 30+ YEARS. Bobi, a farm dog in Portugal, set a Guinness World Record as the world’s Oldest Living Dog --- 30 years and almost 300 days. He is a purebred Rafeiro do Alentejo.
WOMAN MARINE BECOMES SERGEANT MAJOR. U.S. Marines welcome Joy Kitashima as the first woman to become sergeant major of III Marine Expeditionary Force. She is based in the Pacific.
HAWAII VOLCANO ERUPTION ENDS. Most recent eruption of Hawaii’s Kilauea volcano stops after 61 days, note scientists at the U.S. Geological Survey’s Hawaiian Volcano Observatory. Volcanic activity was confined to the crater’s floor.
CAMPBELL’S SOUP SALES RISE 12 PERCENT. Campbell's Soup Sales Rise 12 percent for the quarter ended Jan. 29, topping analysts expectations. Sales were led by popular brands Goldfish crackers and Pepperidge Farm cookies.
