By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | Skillability for Accounting Firms Last updated: 2026 | 13-minute read TL;DR — The Short Answer Public accounting firms lose 15% to 22% of their staff annually, and first-year accountants leave at rates of 25% to 35% — the highest of any tenure group.
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By Vincent Howard, CPA | Managing Partner, Howard, Howard and Hodges | Skillability for Accounting Firms Last updated: 2026 | 14-minute read TL;DR — The Short Answer The shadowing method — sitting a new hire next to a senior CPA to “learn by watching” — costs accounting firms approximately $9,500 per hire in lost billable
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