NEW
YORK, July 16, 2024 /PRNewswire/ -- The
accounting industry in the United
States is confronting a severe shortage of qualified
professionals, as highlighted by projections from the U.S. Bureau
of Labor Statistics indicating an annual demand of 126,500
accountants and auditors over the next decade, against a backdrop
of fewer than 80,000 accounting graduates annually. While
outsourcing accounting jobs might seem expedient, it brings
complexities related to data security, quality control, and client
confidentiality. Miles Talent Hub is addressing the accountant
shortage with BDO Alliance USA
member firms, deploying a fresh cohort of skilled professionals to
effectively mitigate this pressing gap.
Miles Talent Hub has curated a talent pool of experienced
accountants from India, all
graduates of top US universities with STEM-designated MS degrees in
Accounting and Analytics. With the Optional Practical Training
(OPT) program, these professionals can work in the US for up to
three years without visa sponsorship, providing a seamless and
efficient solution to the talent gap.
Member firms within the BDO Alliance USA, such as Kindlinger & Company, SB
& Company, Boos & Associates, Blackman & Sloop,
Urish Popeck, and Hancock Askew
& Company, are actively recruiting from this exceptional talent
pool across the nation, including states like California, Georgia, Maryland, North
Carolina, Pennsylvania and
Michigan.
"Miles Talent Hub's inclusion in our Business Resource
Network's Vendor Marketing Program is part of our objective of
offering our Alliance members a greater competitive advantage by
giving them the ability to leverage additional value-added
resources," said Michael
Horwitz, Executive Director of BDO Alliance
USA. "We strive to
establish relationships with service providers, like Miles Talent
Hub, that can offer the kind of forward-looking capabilities that
our Alliance members need."
Varun Jain, Founder and CEO of
Miles Talent Hub, echoed this enthusiasm: "We're excited
about the opportunity to collaborate with BDO Alliance firms.
Amidst the shortage of accountants, the only option for US public
accounting firms was to outsource jobs abroad. With the Miles STEM
Pathway, international accountants graduating from top US
universities can now work domestically. Looking forward,
integrating data analytics into accounting education is crucial for
enhancing its relevance and attracting the new generation of
domestic talent."
BDO Alliance USA's
collaboration with Miles Talent Hub showcases their commitment to
innovative solutions, setting a new standard for overcoming
industry challenges.
About BDO Alliance USA
BDO Alliance USA is a
nationwide association of independently owned local and regional
accounting, consulting, and service firms with similar client
service goals. The BDO Alliance USA presents an opportunity for member firms
to expand services to their clients without compromising their
existing relationships or their autonomy. BDO Alliance USA firms have access to the resources and
technical knowledge of BDO USA,
P.C., and other Alliance members.
For more information, please visit www.bdo.com/alliance
About Miles Talent Hub
Miles Talent Hub, a division of Miles Education, is at the
forefront of addressing the critical shortage of accountants in
the United States with its
innovative educational solutions. Offering a compelling alternative
to the outsourcing of accounting jobs outside of the U.S., the Hub
has launched the Miles STEM Pathway. This initiative champions the
transformation of Master's in Accounting at top U.S. universities
into STEM-designated programs, enabling international graduates to
work in the U.S. for up to 3 years under the OPT program.
Additionally, the Miles CPA Pathway, developed in partnership with
Franklin University, offers an
affordable solution for U.S. accounting undergraduates to meet the
150-credit requirement for CPA licensure.
For more information, please visit www.milestalenthub.com.
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