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Pretty much overwhelmingly they said it was because you have to have an accountingdegree and a CPA, which isn’t true. That’s it, you sit at a desk all day and crunch numbers, and that’s not true either, particularly if you’re in publicaccounting or doing consulting work for clients. You don’t have to be a CPA.
They have learned nothing about the needs of small business with minimal (if any) coverage of financial statement preparation without an audit, working for clients without an internal accounting department, or the realities of being a small business advisor. Ticked off people make changes and it is far past time to tick off some people.
There has been much debate in certain corners of the accounting profession lately about whether the 150-hour rule for CPA licensure has contributed to the pipeline of accountants drying up in recent years —that and the subpar starting pay in publicaccounting and the long hours required to work, especially during busy season.
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