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- Title
The CPA Project: A Model To Embrace Diversity and Inclusion In the Accounting Profession.
- Authors
Adams, Barbara L.
- Abstract
While the number of black CPAs has increased substantially since John Cromwell, Jr. became the first African- American CPA in 1921, the accounting profession still has not achieved the degree of diversity reflected in the total population. Considerable effort and dollars have been expended by the AICPA, NASBA and other organizations to increase the number of African-American CPAs, however, the results are disappointing. Currently, only 3% of CPAs are African-Americans. The purpose of this article is to address why progress has been slow despite several initiatives to increase the number of minority CPAs and suggest a model to develop a pipeline of minority CPAs to increase diversity within the accounting profession. This will entail developing partnerships and collaborative efforts between academia, the CPA profession and various organizations, and providing support and information to potential CPA candidates. A comprehensive and collaborative model (The CPA Project) is suggested for implementation at selected Historically Black College and Universities (HBCUs). The CPA Project consists of five components to motivate and prepare minority undergraduate students for careers in public accounting: (1) HBCU institutions with a CPA Champion that will coordinate activities to engage students and prepare students for a career in public accounting; (2) A two-week Summer Institute for selected students; (3) CPA exam review and coaching sessions; (4) Internship opportunities through partnering with CPA firms; and (5) mentoring and other support to overcome obstacles faced by minority students.
- Publication
Business Education Innovation Journal, 2019, Vol 11, Issue 1, p154
- ISSN
1945-0915
- Publication type
Academic Journal