As leaders in the accounting profession come to understand the business case for diversity and inclusion, they often have implementation questions.
“The next natural question is, ‘So what do I do about it?’ ” said Kenneth Bouyer, CPA, chairman of the AICPA National Commission on Diversity & Inclusion and EY Americas director of Inclusiveness Recruiting.
New tools released at the AICPA fall Council meeting are designed to answer the question of how to expand diversity and inclusion at a business or firm—and across the accounting profession as a whole. Both tools are available at aicpa.org/diversity.
The Accounting Inclusion Maturity Model gives firm and business leaders an opportunity to perform a comprehensive self-assessment of their progress in fostering diversity and inclusion. Firms and businesses can use the model to assess their practices in the workforce, workplace, and marketplace, and in community and supplier relations.
A second offering, the Recruitment and Retention Toolkit, highlights best practices for attracting, recruiting, and retaining a diverse workforce.
The National Commission developed the tools using the input of accounting leaders and others. The tools are part of Institute-led efforts to help the accounting profession better reflect the diversity of the clients and public that CPAs serve.
While the maturity model will help leaders understand where their businesses and firms stand in relation to diversity and inclusion, the toolkit describes specific methods for improving their diversity and inclusion.
The toolkit describes the business case for focusing on diversity and inclusion in the accounting profession and provides steps businesses can take to improve their diversity and inclusion. It includes best practices for attracting diverse candidates, recruiting a diverse workforce, and retaining underrepresented minorities at an organization.
“This is going to answer the ‘Now what?’ question,” Bouyer said. “This toolkit will be a playbook to help you devise a strategy and a focus.”