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How to fix the crumbing talent pipeline in the accounting profession is a topic on the minds of many people these days. And it popped up at a session during the first day of the 2023 Unique CPA Conference, “Bridging the Gap,” in the Chicago suburb of Rosemont, IL, on Tuesday. You don’t have to be a CPA.
It is of particular interest to professors, accounting department chairs, other assorted academics, and any accounting profession meteorologists who are tracking the perfect storm of pipeline problems and a completely revamped CPA exam debuting in just a few months. Now, we’re facing the CPA Evolution’s arrival in 2024.
note: the following is penned by Bob Jennings CPA, EA for his Taxspeaker.com newsletter. An accountingdegree in 2022 ignores the needs of companies providing nearly ½ of American GDP and 2/3 of new job creation. Replace “publish or perish” evaluation rules in accounting education with “practice and perform” reviews.
The Texas Senate unanimously passed a bill on Tuesday that would lower the eligibility requirement for CPA candidates to sit for the CPA exam from 150 semester credit hours to 120. Gov Patrick for passing one of TXCPAs priority legislation items of this session, which will help fuel the CPA pipeline. On to the House!!
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