State Board Report
A three-pronged approach to pumping up the CPA candidate pipeline was described by NASBA Director of State Board Relations Daniel J. Dustin at the Annual Meeting. First, NASBA is working with the AICPA on drop-out research to: identify why candidates drop out during the Uniform CPA Examination process; understand the factors that influence those candidates’ attitudes and behavior; and identify improvement initiatives that address those findings to reduce the dropout rate. This research will be done in two phases. The first will be collecting information from seven Boards and the second may potentially include all Boards.
The second initiative is the State Board Ambassador Program, being led by NASBA Chief Relationship Officer Alfonzo Alexander. It seeks to bring Boards of Accountancy on to college campuses to participate in various on-campus activities. The project seeks to identify topics relevant to students, in order to enhance their interest in the CPA profession. It also offers information on the Uniform CPA Examination, an introduction to professional ethics and introductory explanations about the Boards and the professional societies.
The third initiative that Mr. Dustin outlined is a gap study being conducted under the leadership of NASBA Continuous Improvements and Analytics Director James Suh. While there are approximately 80,000 accounting graduates each year in the United States, a high percentage does not take the Uniform CPA Examination. This study is aimed at determining if there are specific accounting program elements that impact the students’ interest in the accounting profession.
Vice President Dustin showed the Annual Meeting a video produced by PricewaterhouseCoopers for “Auditor Proud Day,” in an attempt to update the vision of the profession. He encouraged all Boards to become part of this process.
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