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Accounting Faces Reckoning After Years of Sluggish Pay Growth | New York Times test

Companies and accounting firms are shelling out bonuses and boosting salaries to recruit and retain CPAs amid staff shortages and record turnover. test

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Posted On 6/15/2022 by Deborah Buttignol,  Graziella Reis-Trani​ 

The economist David Rosenberg says it’s not just possible but likely that the U.S. economy will fall into a recession this year, partly because, he says, the Federal Reserve will go too far in raising interest rates to fight inflation, which is at a 40-year high.