July 31, 2023

I received an email from a friend with a link to an article in Business Insider.  The title of the article follows: “A shortage of accountants is pushing the industry to reboot its image to win over young talent: ‘You have to sell them.’”  

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The awfully long title is pretty much all the substance in the article.  It lacks any real usefulness when it comes to asking what really caused this problem.  If you do a search for “accountant shortage,” you will find pages of these articles.

My friend sent me the article because he knows that I earned my bachelor’s in accounting and finance.  He also knows the trouble I had finding work, even after passing the CPA examination in 1983.  I could not get an interview.

The job market was very bad at the time.  I attributed the fact that I couldn’t land an interview for two years to that bad job market.  I decided to make the best of it by making myself the ideal job candidate.

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My high school accounting teacher told the class that the biggest demand for jobs for decades to come would be accountants with a strong computer background.  Also, computer programmers with a knowledge of accounting.  So I returned to college in 1983 and completed the equivalent of another bachelor’s degree in computer science by the end of the summer of 1984.  

In the rare instances when I could talk to a person during my job search, I would explain why I returned to college.  “I took advantage of a bad job market to do what my accounting teacher said in high school and get a strong background in computers to go with my accounting degree.”

Most of the responses I received were ridiculous.  The most memorable was: “Don’t you know what you want to do?  You got a degree in accounting, and then you go back for one in computers?”  Another: “Why would we hire you if you’re not sure what you want to do?”

I recall seeing job ads that I immediately responded to with the understanding that they can’t possibly find anyone with my qualifications.  Many jobs read ACCOUNTANT: Required B.S. in accounting or computer science, with one year of accounting or computer programming.  I still could not get called in for an interview.

This was in the mid-1980s.  Most people were terrified of needing computer skills or having to learn them on the job.  Computer use was not ubiquitous then as it is now.  I knew people who were afraid to use a computer that had a hard drive.  They were used to a device called the five-and-a-quarter-inch floppy.  The hard drive was a bridge too far.

So, you might ask, why couldn’t I get an interview for a job for which any fool who could read English could see I was the ideal candidate?  My college placement director from the two-year business school where I earned an associate in accounting asked that same question of a human resources manager on the phone and in my presence.