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Jackie Cardello During the panel discussion, “Accounting Across Generations: Assessing the Current State of the Industry,” the question, “What do we have to change to rebuild the talent pipeline in the accounting profession?” You don’t have to be a CPA. Firms are looking at non-traditional hires and non-CPAs.
The change to a discipline-focused CPA exam brings us to the most pressing pipeline issue – the impact that the CPA Evolution will have on enrollments in accounting programs at colleges and universities. Do these sound like subjects many accounting students learn in their typical accountingcourses?
These businesses have their financial advisory needs served by hundreds of thousands of small firm accountants and CPAs nationwide. Small business has unique needs for accounting services: primarily tax and advising, and secondarily day-to-day accounting needs to act as de-facto controllers and decision makers.
Charles Perry who is a practicing CPA, would lower the semester credit hours requirement from 150 to 120. Because CPA candidates must complete 150 semester credit hours of education—30 credits beyond the typical 120 credit hours earned in a four-year undergraduate degree— many CPAs end up spending five years in college instead of four.
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