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CPAs Provide Six Ways to Replenish the Talent Pipeline

CPA Practice

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.

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Effective September 1, You Can Sit For the CPA Exam in Texas With 120 Units

Going Concern

Another state has pushed to allow prospective CPAs to sit for the exam with just a bachelor’s degree worth of units and that’s good ol’ Texas. Effective September 1, future CPAs can sit for the exam with 120 units of education. Before anyone gets too excited, note candidates still need 150 units for licensure.

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CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline

CPA Practice

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’s not glamorous.

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Accounting Advisory Panel Releases Action Plan to Address Talent Shortage in Profession

CPA Practice

accounting profession, today released a set of draft recommendations to address the accounting talent shortage. The proposals fall within six broad themes and target audiences that range from high school students to accounting professionals who have spent five years or less on the job. Make the academic experience more engaging.

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Research: Why Students — Particularly Diverse Ones — Aren’t Pursuing Accounting

Going Concern

This deep dive was inspired by earlier research on student perceptions and attitudes toward accounting, especially attitudes among Black and Hispanic high school and college students [ PDF of those findings here ]. Other themes emerged among students who ultimately chose not to pursue accounting. the 150 credit hour requirement).

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How to address growing skills gap for sales tax compliance

TaxConnex

According to published reports , fewer than 100,000 people take the certified public accountant exam each year; about half fail. University enrollment in accounting courses is also dropping. Both the number of candidates and the number of those who passed has also fallen in recent years.

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ABC Tournament 2nd Round Voting Ends Soon

CPA Practice

Second-round voting for this year’s Accounting High Accountant Bracket Challenge ends at 10 a.m. The eight brackets comprising 64 “teams”—plus a bonus tax bracket of eight challengers—were revealed by Accounting High on March 18. G Suite Accounting Region Practice Bracket First-round scores by number of votes 1.