Today's accounting profession is challenged by the classic high demand/low supply of experienced professionals. In this competitive arena, CPA firms should arm themselves with the following arsenal of 10 ways to recruit and retain qualified accountants:1. Have a well-planned "First Year" program, encompassing an extensive orientation and mentoring policy to build good will between management and new accountants while building better professionals.

2. Offer professional development programs, including overseas exchange programs and on-site CPE-credit courses.

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