Addressing the Accountant Brain Drain: A Letter to Majority Leader Armey
- Identifier:
- CAC_CC_002_9_41_6_0056
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Title:
- Addressing the Accountant Brain Drain: A Letter to Majority Leader Armey
- Date Created:
- 1998-01-01
- EDTF:
- 1998-01-01
- Creator:
- unknown
- Rights:
- http://rightsstatements.org/vocab/NKC/1.0/
- Language:
- eng
- Record Type:
- correspondence
- Collection:
- Richard K. "Dick" Armey Collection
- Collection Finding Aid:
- https://arc.libraryhost.com/repositories/3/resources/1
- Description:
- The document is from Stephen G. Butler, Chairman and Chief Executive of KPMG, to the Honorable Richard K. Armey discussing the challenges the accounting profession faces in attracting and retaining talent. The document highlights the trend of accountants leaving for companies that offer equity compensation and the impact on auditing quality. It also mentions the increasing education requirements for accountants and the strategies firms are using to attract and retain talent, such as increased salaries and creative programs. The document also mentions the Big Five firms rethinking their corporate culture to address attrition.
- Congress:
- 105th (1997-1999)
- Physical Location:
- CAC_CC_002_9_41_6_0000, Box 41, Folder 6, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
- Location Represented:
- Texas (state), United States (nation)
- Type:
- Text
- Extent:
- 5 Pages
