This Is The Reason Why You Shouldn't Major in Accounting Anymore

To all American college students, and to all of you out there who think you can make more money by getting an accounting degree or a CPA license, please do yourself a big favor and don't  waste your precious life on earth like my niece is currently doing at one of the Big 4 because there are just too many CPAs in America and many more are being imported from the U.K., India, China, Japan, Malaysia etc, etc..  If foreign accountants aren't imported through the use of H1-B visas, then the accounting jobs are out-sourced to other countries.  So either way, America is not lacking of  CPAs!!  But American CPAs are lacking of decent paying jobs or even a job.

The following hiring ads is quite typical these days even the USA current unemployment is supposed to be at the lowest for 7 years.  Anyway, who is so retarded to actually listen to the idiot in the government who calculated the unemployment rate?

According to this ads, the compensation is $1000  for 40 hours per month.  So a licensed CPA with 4 to 5 years' accounting experience  is only worth $25 per hour for doing all those high level work from tax research, partnership and corporate tax filing, accounting, and forensic auditing?  Now my niece's big 4 job does look a lot better.  Because most of her job duties, aside from the occasional vouching of bank statements with a tick mark, is just coffee runs, meals runs, postal service runs and yes, scanning!!  She doesn't have to put her name on anything that is subject to huge legal risks.   I don't understand, does the firm which writes this ads really think there will be any CPA who is going to let the firm use his / her license for only $25 per hour?  After gas and mileage and health insurance, any experienced CPA who is going to be so lucky to score this job will be making less than $20???  Is there any experienced CPA out there who is this desperate to want to make this kind of supplemental income.  If there is, why don't you just go baby sit or dog sit?

This is so sad.  The CPA profession in America  has become really really sad for the last few years.