Crypto Awards 2024 - Official Ceremony - WINNERS REVEALED!

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Jun 20, 2024 - 12:59 Updated: Jun 20, 2024 - 13:05

The U.S. is facing an accountant shortage. Fewer first-time candidates took the CPA exam in 2022 than in 2006, according to the American Institute of Certified Public Accountants. One possible reason people aren’t as interested in the field is the large amount of drudge work involved: Accountants have to rifle through large amounts of unstructured data to perform audits or even just to find answers to their questions.

Kevin Merlini, the co-founder and CEO of Materia, left the field for that very reason and is now working to reduce that burden for other accountants.