Professional Issues


The AICPA released the 2004 edition of its annual report, The Supply of Accounting Graduates and the Demand for Public Accounting Recruits ( www.aicpa.org/members/div/career/edu/sagdpar.htm ), which found the number of bachelor’s degrees awarded rose by 6% and master’s degrees by 30% over the prior year while enrollment in accounting programs grew by roughly the same percentages. More than 109,000 candidates sat for the CPA examination—slightly more than in 2003. Hiring increased at single-digit rates and 18% of new employees were members of minority groups. The report predicted long-term growth in hiring of accounting graduates by firms of all sizes.

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

CHECKLIST

Being responsive to clients

CPAs and their firms have daily pressures and hectic schedules, but being responsive is crucial to client satisfaction. Leaders in the profession offer advice for CPA firms that want to be responsive to clients.

QUIZ

Test yourself on these often confused words

The spelling checker on your word processing program can do only so much to flag problems. Your best insurance is to learn the troublesome words that trip up writers and use them correctly by the standards of formal, written English.