A Huge Problem in the Audit Industry

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Video Narration
19
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Description

Presenter/lecturer, talks to a company about a huge issue in the audit industry. He gives them a little attitude and sarcasm.

Vocal Characteristics

Language

English

Voice Age

Middle Aged (35-54)

Accents

North American (General) North American (US General American - GenAM)

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
audit professionals across the country have shared with me their frustration with changes in the audit industry. The profitability of your audit practice is under siege. Maur and more firms have flooded into the audit market over time, so you're being forced to compete on price. At the same time, fewer and fewer people are entering the audit industry. In fact, according to last year's A. I. C. P. A survey, finding qualified staff is the top issue. Firms like yours are facing today and over the next five years, so you're having to produce the same quality reports with fewer skilled auditors.