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"We're the referees of business," Steven Kachelmeier, the chair of the accounting department at the University of Texas, said.

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  • There are fewer CPA-certified accountants out there, and that poses compliance risks for businesses.
  • The industry has long suffered image problems and hopes to revamp it with new initiatives.
  • Major firms and colleges with accounting programs are investing in upskilling.

There's a nationwide shortage of accountants, and it's becoming a problem for businesses. 

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A shortage of accountants is pushing the industry to reboot its image to win ov…