Addressing the Accountant Brain Drain: A Letter to Majority Leader Armey, 1998-01-01 - 1998-12-31

Item — Box: CR 41, Folder: 6

Identifier: CAC_CC_002_9_41_6_0056

Scope and Contents

The letter is from Stephen G. Butler, Chairman and Chief Executive of KPMG, to the Honorable Richard K. Armey discussing the challenges the accounting profession faces in attracting and retaining talent. The document highlights the trend of accountants leaving for companies that offer equity compensation and the impact on auditing quality. It also mentions the increasing education requirements for accountants and the strategies firms are using to attract and retain talent, such as increased salaries and creative programs. The document also mentions the Big Five firms rethinking their corporate culture to address attrition.

Dates

Creation: 1998-01-01 - 1998-12-31

Creator

From the Collection: Armey, Richard Keith (Dick), Chair of the House Homeland Security Committee (2002-2003); House Majority Leader (1995-2003); Chair of the House Republican Conference (1993-1995); Member of the U.S. House of Representatives from Texas's 26th district (1985- (Person)

Language of Materials

From the Collection:

English

Conditions Governing Access:

Certain series of this collection are stored off-site and require prior notice to access. If you wish to view these materials, please contact the Congressional Archives staff to arrange an appointment.

The Clippings series is stored off-site (Boxes 1-9).