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IMA Worried about 'Entry-Level Economy'

Friday, May 2, 2014

The Institute of Management Accountants is hoping to prepare more accounting students for careers in industry.

The IMA is concerned that most accounting students are being prepared for entry-level tax and audit work, but not for long-term careers in business, where a vast majority of professionals end up working. Thus, they are not being armed with business strategy and other skills needed for management and executive roles. But when steps aren’t taken to fill the talent gap, businesses can promote employees who have only the basic skills to management-level positions, creating what the IMA is calling an “entry-level economy” that can be harmful on a global level... Read More
Michael Cohn - AccountingToday.com