From: A Talk Radio Listener [Email him]
The oversupply of accounting graduates and the low wages prevalent in the industry are not enough for big accounting firms, who demand
Here are two typical comments from the WSJ story:
Marcus Sauer 21 hours agoI recall getting a master of accounting at a top American University; my class was literally 80% Chinese. When the Big 4 accounting firms came around, they recruited ONLY Chinese nationals did not even interview any American students.Paul Mcbride 1 day agoIf you think corruption is bad now, just wait until you get a bunch of H1B Visa holders from India working on your annual statement. The other issue is critical thinking- it's very hard to find.You will spend a fortune on more external tax and audit time trying to get things straight.Big 4 are looking to drop their labor costs. This is another boondoggle.
The big firms are trying to get accounting considered
a STEM field, which will mean more visas.See previous letters from the same reader.