While NASBA and the AICPA have long supported the 150-hour pathway to CPA licensure, opinions differ as to whether the 30 credits beyond the bachelor’s degree produce more qualified professionals. The 150-hour requirement has been widely credited with creating a barrier to entry for minority candidates. The past few years have seen increasing debate among […] The post ICYMI | NASBA and the AICPA Propose an Alternative Path to CPA appeared first on The CPA Journal.| The CPA Journal
The accounting profession is facing a severe crisis due to a shortage of accountants. Significantly fewer students have selected accounting as a major. As a direct result of enrollment declines in accounting programs, candidates sitting for the CPA exam have also decreased from 48,004 first-time candidates in 2016 to 32,188 in 2021, a drop of […] The post ICYMI | The Accounting Profession Is in Crisis appeared first on The CPA Journal.| The CPA Journal