Controller’s Guidebook: The Great Recalibration

How successful technology integration impacts career fulfillment

Burnout and stress caused by a lack of modernization are rampant in the accounting industry, amplified by trends around “quiet quitting” and the Great Resignation. In the third installation of Controller’s Guidebook, FloQast, in partnership with the University of Georgia, analyzed survey data from a diverse group of accounting professionals to further understand how these factors impact talent retention and recruiting in the accounting industry. This chapter also overviews steps accountants and employers can take to mitigate troubling trends - a “Great Recalibration” of work-life balance and technology. 

Research revealed that many accountants are doubtful about their future. More than half of survey respondents say they’re not entirely sure they will stay with their current company. A majority aren’t even sure they will still be accountants in 2-3 years. These statistics imply a “Great Recalibration” - accountants are rethinking what makes work so demanding and looking for a renewed sense of professional fulfillment.