CPAs in New York and New Jersey often face the unenviable task of delivering bad news to a company's management. The region's financial services firms, after all, are in the midst of contraction, hit by the credit crunch, the sub-prime blowout and a variety of regulatory pressures. While being the bearer of bad tidings certainly takes a toll, accountants in the financial world are by and large being spared one thing: layoff notices.
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