The accountant shortage is so bad that it's delaying key reports at companies like Tupperware [Business Insider]
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Source: Business Insider
A lack of fresh talent contributes to the ongoing crisis in accounting. The accountant shortage is so bad that companies are delaying filing key mandatory reports. On Friday, Tupperware said it didn't have enough accountants to get its annual report out on time. The storage container manufacturer is the latest on a growing list of companies that have delayed their annual reports for a host of reasons. About 70 companies have postponed annual reports this year, up 40% from last year, research company Intelligize tallied last month In a regulatory filing, Orlando-based Tupperware blamed the delay on "significant" past and present accounting attrition, "which has resulted in resource and skill set gaps, strained resources, and a loss of continuity of knowledge." Tupperware added that previous delays in filing its 2022 annual report led to postponement of its quarterly reports, which subsequently pushed back work on its 2023 annual report. On LinkedIn, the company is hiring for
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