A Talk Radio Listener Reports Greedy Accounting Firms Demanding H-1Bs
June 09, 2017, 08:18 PM
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From: A Talk Radio Listener [Email him]

The oversupply of accounting graduates and the low wages prevalent in the industry are not enough for big accounting firms, who demand H-1Bs.

Here are two typical comments from the WSJ story:

Marcus Sauer 21 hours ago

I recall getting a master of accounting at a top American University; my class was literally 80% Chinese. When the Big 4 accounting firms came around, they recruited ONLY Chinese nationals did not even interview any American students.

Paul Mcbride 1 day ago

If you think corruption is bad now, just wait until you get a bunch of H1B Visa holders from India working on your annual statement.  The other issue is critical thinking- it's very hard to find.

You will spend a fortune on more external tax and audit time trying to get things straight.

Big 4 are looking to drop their labor costs. This is another boondoggle.

The big firms are trying to get accounting considered a STEM field, which will mean more visas.

See previous letters from the same reader.