As waves of retiring Baby Boomers begin their planned exits from CPA firms, the newer accountants will employ very different skill sets and tools than did their predecessors as the succession planning torch is passed to the next generation.
With 75 percent of the American Institute of CPAs' membership set to retire over the next 15 years, Gen Y accounting professionals will capitalize on such technologies as collaboration tools, online applications and social networking sites, and CPA firms that want to recruit and retain the younger generation of accounting professionals and ensure a succession strategy must provide that forum.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access