Government miscalculation leaves accountants out in the cold

Hundreds of South Koreans who passed this year’s Certified Public Accountant exam have been left unable to begin their careers due to a shortage of apprenticeship placements required for license registration. According to the Korean Institute of Certified Public Accountants, of the 1,200 candidates who passed this year’s exam, 443 had not been placed with an apprenticeship institution as of the end of October. Including passers from previous years, the number of exam-qualified accountants still