Under the Hood: Can Australia’s accounting profession overcome its looming talent crisis?

Smulders also examines the importance of building awareness of accounting and tax careers from an early age, addressing misconceptions about the profession and strengthening the connection between universities and industry to ensure graduates develop the practical skills employers need.

Further, the pair explore how artificial intelligence is changing the role of accountants, and Sharon highlights the importance of firms investing in their accountants to promote retention, while encouraging aspiring accountants to take ownership of their development.

Tune in to hear more about:

• The growing workforce shortage facing Australia’s accounting and tax profession and the looming retirement cliff.
• How workforce shortages could affect small businesses and their access to trusted accounting and tax advice.
• Why building awareness of accounting and tax careers at school is essential to attracting the next generation.
• The diverse career opportunities available across taxation, accounting, academia, government and policy.
• How AI is transforming accounting and creating opportunities for more strategic and advisory work.
• The challenges accountants face in keeping up with increasingly complex legislation, regulatory obligations and tax reforms.
• How employers can attract and retain talent through workplace flexibility, continuous education and professional development.