The Daily Lowdown - April 3 2025

The Thursday Lowdown ⬇️

If you're new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.

I scroll. so you don't have to.

💎 WTF of the Day

America is outsourcing its CPA shortage

The U.S. can’t find enough CPAs, so now firms are turning to international hires to plug the gap. We’re talking talent from India, the Philippines, South Africa, you name it. It’s cheaper, it's faster, and with fewer young Americans going into accounting, firms are done waiting around.

Some say it’s smart. Others say it’s a Band Aid on a bullet wound. Either way, this is what happens when your pipeline dries up and you’ve made the job sound about as fun as a root canal.

💎 What’s poppin in accounting

7 Accounting Firms Just Made the Nice List

Fortune just dropped its 2025 “100 Best Companies to Work For” list, and 7 accounting firms made the party: Deloitte, EY, PwC, KPMG, Plante Moran, Crowe, and Moss Adams.

Yep, even in an industry known for burnout and billable hour misery, these firms are apparently keeping people happy. Free snacks? Remote perks? Or maybe just not treating staff like robots. Either way, expect a bunch of humblebrags on LinkedIn this week.

 📊 Weekly Trend Chart

Billionaires Just Leveled Up

There are now 2,781 billionaires walking the earth, the most in history, and together they control $14.2 trillion. That’s more than Japan’s entire economy. The U.S. still leads with 813 billionaires, but China isn’t far behind with 473. India just leapfrogged Germany and Russia into third.

These aren’t just old school tycoons, the list is full of AI founders, luxury magnates, and crypto kids.

The rich are not just getting richer… they’re multiplying.

#😂 

😂 spot on


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