The requirement that US accountants attend college for five years to earn their CPA licenses has become a flashpoint in the profession’s struggle to attract newcomers.
Criticized as a barrier to entry for minorities and low-income candidates, the two-decade old requirement that accountants take an extra year of college to be eligible for their certified public accounting credentials is now also seen as a central cause for the deepening drought of accountants. The CEO of one of the largest US accounting firms is among those calling for changes to rules set by state accounting regulators.
New entrants to the accounting ...
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