What to do about the accountant shortage?

Don't fall into a nostalgia trap. Before reversing course try to remember why changes were made. Maybe the incentives, and implementation, were skewed, not the new rules.

Update: I’ve updated this post to reflect the paper forthcoming in Journal of Accounting Research, “Occupational Licensing and Minority Participation in Professional Labor Markets.” It is critical to understanding the debate in the accounting world surrounding licensing requirements.

In the sunset of dissolution, everything is illuminated by the aura o…