In a comment letter, the AICPA asks that the department’s new rule related to student loan limits either list accounting as a “professional degree program” or retain current language stating that “professional degrees may include but are not limited to” the list in a notice of proposed rulemaking.
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Accounting education
Apprenticeship program participant aces CGMA case study exam
Financial analyst Caitlin Domina was one of three joint first honorees globally in the latest testing window for the CGMA Management Case Study Exam.
AICPA supports Accounting STEM Pursuit Act legislation
A bill introduced in the Senate would expand student awareness and access to educational opportunities in accounting via the technology portion of the science, technology, engineering, and math program.
Department of Education notice clarifies ‘professional’ degree definition
The notice of proposed rulemaking states that the exclusion of certain degree programs, including accounting, from the definition “does not reflect a value judgment” but rather serves as a technical term to define levels of federal student loan limits. An AICPA statement expressed appreciation for the “recognition of the broad definition and various aspects of the word ‘professional.’”
Profession Ready Initiative targets gaps in early-career CPA readiness
The AICPA project will collect extensive data, beginning with a survey live now, that will support the development of resources to help employers, academics, and early-career professionals navigate a rapidly evolving workplace.
Teen CPA: Caleb Byers earns his license before age 20
Also a licensed pilot, the 19-year-old Floridian flew through college and the CPA Exam and is now a year into his tenure as an audit associate at a top-10 firm.
Undergraduate enrollment in accounting continues to rise
National Student Clearinghouse data reveals a 7.3% year-over-year increase for the fall semester, more than six times the increase across all majors.
4 reasons why CAS offers a compelling career path
Why educators should help students explore the growing opportunities in client advisory services.
AICPA, state CPA societies call for accounting program recognition
A Department of Education proposal does not include accounting in its list of professional degree programs, a designation that helps determine education loan eligibility.
The accounting graduate pipeline: Where do things stand?
As public accounting firms continue to report a strong need for new talent, recent declines in accounting graduates are easing, according to the AICPA’s Trends report.
STEM designation for accounting has strong support
Nearly three-fourths of adults surveyed said accounting courses should be a part of the science, technology, engineering, and math education program, with a majority in key age groups saying the designation would make students more likely to pursue accounting education opportunities.
NASBA, AICPA release proposed revisions to CPE standards
Comments are being accepted through mid-December on changes designed to address emerging learning methods and clarify CPE-awarding mechanisms.
Incorporating prompt engineering into the accounting curriculum
It is imperative that accountants learn how to write effective instructions for generative AI applications like ChatGPT.
High school outreach to boost the accounting pipeline
Interactive presentations related to the students’ interests increased awareness and interest in the accounting field.
Encouraging signs from the new CPA Exam
While it’s early, all indications are that the CPA Evolution-aligned version of the CPA Exam, which debuted in January 2024, is performing in line with expectations.
The ELE program is ending – our support for affordability in education remains strong
The Association of International Certified Professional Accountants’ CEO–Public Accounting explains the decision to sunset the Experience, Learn & Earn (ELE) pilot program at the end of the fall 2025 semester.
Top scorers on CPA Exam earn Elijah Watt Sells Award
The AICPA named 11 CPA candidates as recipients of the 2024 Elijah Watt Sells Award, which recognizes outstanding performance on the CPA Exam.
CPA Evolution and the CPA Exam: Information and insights for accounting academics
This article explains the basics of CPA Evolution, explores how the AICPA determined CPA Exam content, and examines how the debut of the new exam affected candidate participation and performance.
Report card: Student interest in accounting shows marked improvement
Buoyed by a spike at two-year institutions, undergraduate enrollment in accounting programs is up 12% from the spring of 2024.
How employers can hire the best accounting students
College campuses remain the most fertile ground for finding future accountants. Here are tips for cultivating relationships and landing talent.
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