NASBA’s Post

This is an exciting program that can really help draw some into the profession that might otherwise pass, while still enhancing the profession by continuing to build on an educational foundation. #cpa #nasba #aicpa #accountingprofession #pinion

Interesting: Pool of accounting graduates shrinks, AICPA report finds By Bryan Strickland The number of college accounting graduates took a big dip in the 2021–22 academic year, but projections for the coming academic year are trending upward, according to an AICPA report released Thursday. The report, 2023 Trends: A Report on Accounting Education, the CPA Exam and Public Accounting Firms' Hiring of Recent Graduates, found that about 47,000 students earned a bachelor's degree in accounting in the 2021–22 school year, down 7.8% from the previous year. The number of students earning a master's degree in accounting slipped 6.4% to 18,238. Read full article: https://lnkd.in/gE2YidTg

More than 73% of accounting students count on external financial support to gain a license as a certified public accountant, and many students view the 150-credit-hour requirement for certification as “not worth the time,” according to an association of CPAs. Students seeking a CPA license expressed a need for a mentor, help finding their first job, support in exam preparation and weak understanding of a CPA’s job opportunities, the Pennsylvania Institute of Certified Public Accountants found in a survey aimed at identifying the causes of a persistent CPA talent shortage. “The pipeline of qualified candidates entering the CPA profession is running dangerously low,” PICPA said, reporting on a survey of 763 accounting students in 47 states. “Looking at the data overall, the PICPA believes that the human capital situation facing the profession will only worsen in the near term.” AICPA I started as CGA in 1992 and can attest the barriers to getting my certification from 1992 to 1995 (CPA Ontario and Chartered Professional Accountants of Canada (CPA Canada) as I was making about 30K, or about $1,750/month. I had to make many sacrifices to achieve my designation as such I think this article is bang on on how things need to change, or skills gaps will be persistent with the accounting profession. Deloitte Grant Thornton LLP (US) EY BDO Canada MNP PwC or other smaller firms. I am at the stage of my career that I would be willing to work with small to medium size CPA firms to help mentor staff as well as support clients data challenges as part of driving better business outcomes for clients across geographies and industries.

Sharing this article on possible changes for CPA licensure requirements. I think we need a broader conversation on how to make the CPA license more accessible for today's students and professionals. How can we encourage them to consider the license as a desirable and achievable goal? https://lnkd.in/euwDqhbt #cpa #accounting

📊 In recent years, there has been a significant decrease in students choosing accounting as their major. According to the latest AICPA 2021 Trends report, the following statistics are concerning: ✔A 2.8% drop in accounting bachelor's graduates during the 2019-2020 academic year. ✔ An 8.4% decline in accounting master's graduates. ✔ A 17% decrease in new CPA Exam candidates. This declining trend continued through 2022 and 2023 at many universities. Stay informed and keep reading for more details. Let's now discuss how students perceive the field of accounting. Share your thoughts below. https://lnkd.in/eNhK9rfm #accounting #education #trends

As an accounting student, it is important to stay informed of changes in CPA education. It has been helpful to read articles, such as the following, in order to feel prepared for current and post-graduate preparation for the exam. Darin W. White https://lnkd.in/ejR7m9FH

❓Are you interested to know how current students view the accounting profession? According to a survey by William Brink, CPA, Ph.D., Tim V. Eaton, Ph.D., and Dan Heitger, Ph.D., students form their opinions about accounting even before entering college. Unfortunately, there has been a significant decline in the number of students majoring in accounting in recent years. The 2021 Trends report by AICPA reveals some alarming statistics, such as a 2.8% drop in accounting bachelor's graduates in the 2019-2020 academic year, an 8.4% decrease in accounting master's graduates, and a 17% decrease in new CPA Exam candidates. This trend seems to be continuing in many universities through 2022 and 2023. Keep reading to learn more. https://lnkd.in/ea24A6JH #education #careers #future #CPAExams #accountants

📊 In recent years, there has been a significant decrease in students choosing accounting as their major. According to the latest AICPA 2021 Trends report, the following statistics are concerning: ✔A 2.8% drop in accounting bachelor's graduates during the 2019-2020 academic year. ✔ An 8.4% decline in accounting master's graduates. ✔ A 17% decrease in new CPA Exam candidates. This declining trend continued through 2022 and 2023 at many universities. Stay informed and keep reading for more details. Let's now discuss how students perceive the field of accounting. Share your thoughts below. https://lnkd.in/ea24A6JH #accounting #education #trends

📢 The Journal of Accountancy released a great article and study by William Brink, CPA CFP, Dan L. Heitger and Tim Eaton from Miami University on how students view the accounting profession. 📚 It explores the attitudes, motivations, and aspirations of aspiring accountants, offering valuable insights for professionals, educators, and recruiters alike. Long hours and lack of fulfillment seem to be two of the top factors driving students away from our profession. #auditing #accounting #auditmanager #auditsenior #aicpa #pcaob #cpaexam #accountancy #university

"The report, 2023 Trends: A Report on Accounting Education, the CPA Exam and Public Accounting Firms' Hiring of Recent Graduates, found that about 47,000 students earned a bachelor's degree in accounting in the 2021–22 school year, down 7.8% from the previous year. The number of students earning a master's degree in accounting slipped 6.4% to 18,238." https://lnkd.in/gNybT35k