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As the accounting profession continues to grapple with a shortage of new CPAs and fewer accounting graduates , an independent national advisory group has published six draft recommendations in a new report on what the profession can do to restock its pipeline with young talent.
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?” Firms are looking at non-traditional hires and non-CPAs. came from a person in the audience.
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.
The Center for Audit Quality — the AICPA-affiliated “nonpartisan public policy organization serving as the voice of U.S. Broken out by demographics, even higher rates of Black and Hispanic students say they considered accounting before choosing a different field of study.
I will teach courses at both colleges for the coming semester. The FDU course is titled Auditing Concepts and Methods. This is a graduate-level course. The Baruch course is Introduction to Managerial Accounting. This undergraduate course is required for all business majors who are not accounting majors.
The award recognizes successful leading-edge practices in the teaching of junior- or senior-level accountingcourses that continue to enhance accounting majors’ interest in accounting and to encourage pursuing the CPA profession as a career. Holly Hawk, PhD, CPA, CGMA.
AICPA Shares Plan to Strengthen Accounting Pipeline According to the American Institute of CPAs ‘ 2023 Trends Report, bachelor’s degree completions in accounting dropped 7.8% Meanwhile, 60% of firms surveyed reported that they expected to have the same or higher number of CPAs on staff in 2023 compared to 2022.
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