Critically evaluate the following: "Employees are important organizational stakeholders and the ability to attract prospective trainee accountants is crucial for accounting firms, especially in a context of a shrinking market of qualified accountants and high turnover rates in accounting firms). This situation is nowadays exacerbated given the higher propensity of members of the current generation - that is to say Millennials - to readily quit their jobs if they do not get what they want). We are in a context where competition among accounting firms to attract good candidates is fierce."  

Answer rating: 100% (QA)

The statement provides a comprehensive overview of the challenges faced by accounting firms in attracting and retaining talent particularly trainee ac... View the full answer