Why Is There a Lack of Diversity at the Partnership Level in Accounting Firms? Public Deposited
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Diversity is an important aspect of the workplace, but there is a discrepancy between leadership and entry-level employees in the accounting field. People do not have the proper mentors, encouragement, clients, or resources to move up at accounting firms. My thesis seeks to understand this issues by gathering data and proposing solutions. With the research conducted, there were many statistically significant results supporting the hypothesis that the above factors contribute to lack of diversity at the partnership level. Firms can help resolve these issues by fostering diverse talent, investing further into diversity initiatives, and changing accounting's reputation. Covid-19 has also had a significant impact on diversity, and companies should be mindful of this factor and try to keep the momentum going on their programs. Accountants need to realize that partnership is attainable and should be encouraged.
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