Addressing The CPA Pipeline Challenges
AICPA Advisory Group Seeks Inclusivity on National Strategy to Address Accounting Talent Shortage
Progress is being made on the creation of a national strategic plan to address the profession ’ s talent shortage . Since this summer , the AICPA has convened the National Pipeline Advisory Group ( NPAG ), whose 22 members represent a broad spectrum of the profession ’ s stakeholders .
The group ’ s mission is to use a data-driven , highly collaborative and inclusive approach to tackle issues that have led to declining numbers of accounting graduates and CPA candidates . The group is expected to deliver a draft national strategy plan in May , with progress updates along the way .
NPAG has developed working groups that are drilling down into different “ life stages ” leading up to and through the course of an accounting career , from middle school and high school to college , post-graduation and on to early career paths . These sub-groups are looking into reasons why fewer people are choosing a career in accounting in those respective stages and assessing potential solutions .
The advisory group is also conducting a deep dive into substantial equivalency — the concept that undergirds the ability of CPAs to practice from state to state without additional administrative hurdles or fees — and its interplay with the education requirement for licensure .
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