Many of the biggest concerns for accounting firms in the future relate to people issues, according to Illinois CPA Society president and CEO Todd Shapiro.

In his opening keynote for the 34th Annual Midwest Accounting & Finance Show, Shapiro discussed the way demographics, demand, fierce competition, the changing priorities of students and other human factors will affect accountants. He started by noting that demand for accountants is expected to rise between 16 and 20 percent by 2020, and that the number of accounting graduates is at an all-time high.

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