In some markets, there are stiffer requirements for CPAs. To become certified in Massachusetts, CPAs must pass an exam, have a bachelor's degree with some concentration in accounting courses and three years practical experience in public accounting, according to the Massachusetts Society of CPAs. An accountant with a master's degree needs only two years practical experience. Bill Griffiths, president of Romac International's finance and accounting division in Boston, agrees that this is not the time to let your skills get stale. However, the shortage of qualified candidates is causing employers to loosen their demands somewhat.
Specialties attract the best offers, though.
On the other hand, seasoned candidates who have updated their skills are in demand. Christopher Smith, vice president of Scott-Wayne Associates, Inc., says the most openings are at the lower levels. He calls this a pyramid market. The entry level accounting clerk with zero to one year experience who may or may not have a college degree are at the bottom layer. Even they are in short supply, he says.