3 posts categorized "Scott Moore" Feed

AICPA Report Finds Record Hiring for Accounting Grads

Trends
in the Supply of Accounting Graduates and the Demand for Public Accounting
RecruitsAccounting has always been a popular major as well as a great career choice, and a new report has shed some light on just how hot the accounting profession is right now.

The AICPA recently released the results of the Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits, which showed a record 40,350 accounting graduates hired by public accounting firms in 2012 and 89 percent of those firms forecasting the same or increased hiring of graduates this year.

In addition to promising demand, the pipeline of future accountants is stronger than ever, with historic levels of student enrollments in accounting programs and record numbers of accounting graduates in 2012.

To gain insight into why accounting is more popular than ever, and to better understand the content of the Trends report, I sat down with Scott Moore – AICPA Director of Students and Professional Pathways, who led the effort to compile the Trends report.

James Schiavone: One of the things that really struck me about the report is that the number of students who are earning their master’s degree in accounting has doubled in the last ten years. Can you explain why we’ve seen such a sharp increase?

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In the News: Preparing for the CPA Exam is Now Easier

The AICPA has recently taken steps to make preparing for the Uniform CPA Exam easier for international students and candidates on the go with two exciting new developments.

Recently, the AICPA announced it had expanded its website, ThisWaytoCPA.com to students overseas who may now register and create profiles.

The website, designed to educate college students and CPA-exam candidates about the path to becoming a CPA, now contains information to help international students understand the process of registering for the CPA exam and becoming a U.S. CPA while living overseas.

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Engaging the Next Generation of CPAs

college students graduating

The latest employment numbers indicate that it continues to be a tough year for many Americans struggling in the job market. Yet, I am encouraged by recent AICPA research that shows the demand for accounting professionals is poised to buck national trends. The AICPA’s 2011 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits reports on a national survey of public accounting firms hiring and colleges and universities granting accounting degrees. The report identifies key trends in accounting enrollment, graduation and hiring through the 2009-10 academic year.

Mark Koziel, AICPA Director - Specialized Communities & Firm Practice Management, says “the 2011 Trends numbers jibe with what we’re seeing among our members’ 2011 PCPS CPA Firm Top Issues Survey results. Even though client retention is generally the top concern, among larger firms, succession planning still ranks within the top five.” Firm clients are struggling in the poor economy, but firms still face the pending retirements of their boomer partners and staff.

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