In a surprising move, the National Pipeline Advisory Group, a joint effort by the AICPA, NASBA, and top accounting firms, released a draft report that takes dead aim at the 150-hour education requirement for CPA licensure. We dig into the report in this clip from Episode 385.
A survey in the report says a staggering 69% of CPAs surveyed said the education requirement should change.
The report lays out a vision for a competency-based approach to CPA licensing rather than one based on hours. But that's not all - the report addresses 6 key areas contributing to the severe shortage of accounting graduates and CPAs, with detailed recommendations for each.
From telling a more compelling story about the profession to enhancing the employee experience at firms, no stone was left unturned. The question is, will these bold proposed changes become reality? Hit the subscribe button and stay tuned as this story develops - you won't want to miss it!
