{"id":106663,"date":"2022-12-30t12:20:26","date_gmt":"2022-12-30t17:20:26","guid":{"rendered":"\/\/www.g005e.com\/?p=106663"},"modified":"2024-08-14t11:25:33","modified_gmt":"2024-08-14t15:25:33","slug":"ethnic-diversity-still-challenges-accounting-profession","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/12\/30\/ethnic-diversity-still-challenges-accounting-profession\/","title":{"rendered":"why the &#8216;diversity&#8217; problem won&#8217;t be &#8216;fixed&#8217;"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/07\/threewalking_adobestock_4264332.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-49463\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/07\/threewalking_adobestock_4264332-424x283.jpeg\" alt=\"three partners, one male and two female, walking and smiling outside a building\" width=\"424\" height=\"283\" \/><\/a>but there are six steps you can take.<\/strong><\/p>\n<p><em>by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n<p>diversity. equity. inclusion.<\/p>\n<p>three big words during troubling times.<\/p>\n<blockquote><p><strong>more: <\/strong><a href=\"\/\/www.g005e.com\/2022\/11\/06\/sponsorship-might-keep-talent-from-exiting\/\">sponsorship might keep talent from exiting<\/a> | <a href=\"\/\/www.g005e.com\/2022\/08\/02\/study-to-identify-dei-journeys-and-trends-for-accounting-professionals\/\">new study: embracing diversity in accounting<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2022\/12\/30\/ethnic-diversity-still-challenges-accounting-profession\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n<p>accountants aren\u2019t bigots. we can say that with confidence. they are well educated and well known as ethical and professional.<br \/>\n<!--more--><br \/>\nyet something seems to be going wrong. there is an undeniable disparity between the ethnic makeup of the general population and the accounting profession.<\/p>\n<p>according to the 2020 census, the american population is<\/p>\n<ul>\n<li>6 percent asian\/pacific islander<\/li>\n<li>12.4 percent black<\/li>\n<li>18.7 percent hispanic\/latino<\/li>\n<li>61.6 percent white<\/li>\n<li>10.2 percent identifying as multiethnic<\/li>\n<\/ul>\n<p>meanwhile, according to aicpa data, the cpa population is<\/p>\n<ul>\n<li>14 percent asian\/pacific islander<\/li>\n<li>2 percent black<\/li>\n<li>5 perecent hispanic\/latino<\/li>\n<li>77 percent white<\/li>\n<li>2 percent identify as multiethnic<\/li>\n<\/ul>\n<p>the situation may be shifting a bit \u2026 or maybe it isn\u2019t. there&#8217;s been an uptick in hiring hispanic\/latino graduates, and there may be more in the pipeline.<\/p>\n<p>among recent graduates,<\/p>\n<ul>\n<li>9 percent are asian\/pacific islander<\/li>\n<li>13 percent are hispanic\/latino<\/li>\n<li>7 percent are black<\/li>\n<li>59 percent are white<\/li>\n<li>3 percent identify as multiethnic<\/li>\n<li>8 percent identify as \u201cother\u201d<\/li>\n<\/ul>\n<p>though a few more students of minority ethnicity are showing interest in a profession where landing a job is relatively easy, and the pay is good, too many are leaving the profession after a brief experience.<\/p>\n<p>why?<\/p>\n<h3>perceptions of prejudice<\/h3>\n<p>in search of explanations, the illinois cpa society asked all 260 alumni of its mary t. washington wylie internship preparation program what they were experiencing as interns or working professionals. of the 179 who responded, 159 have held at least one internship or job in the financial sector.<\/p>\n<p>the results are disturbing.<\/p>\n<p><strong>lack of diversity is a barrier<\/strong><\/p>\n<p>it seems that a lack of diversity in the workplace is causing a lack of diversity in the workplace.<\/p>\n<ul>\n<li>58 percent of the alumni say the lack of diversity among peers and leadership is preventing their own success.<\/li>\n<li>36 say the same about the workplace not being inclusive.<\/li>\n<li>18 percent cite actual discrimination, microaggressions or lack of equity with other entry-level professionals.<\/li>\n<\/ul>\n<p>of course, a lack of diversity in a financial workplace may well be the result of relatively few applicants, not prejudice, but being the only person of a minority culture can be uncomfortable.<\/p>\n<p>\u201cno one looks like me,\u201d one alumnus said. \u201cit was shocking to realize there\u2019s not one black female partner in the practice. the lack of representation makes it hard to want to stay.\u201d<\/p>\n<p>another says, \u201cyou set us up for success [in the internship preparation program], and then we get here, and we fail, or we quit because we don\u2019t see anyone like us.\u201d<\/p>\n<p><strong>cultural and educational backgrounds are a handicap<\/strong><\/p>\n<p>people of minority ethnicity are often raised in families without role models in educated professions, and their cultural environments differ from that of white culture. on top of that, their relatively low family incomes result in matriculation in smaller, less endowed colleges and universities.<\/p>\n<ul>\n<li>49 percent say their past experiences have not prepared them for a professional environment.<\/li>\n<li>48 percent feel their education was inadequate.<\/li>\n<li>43 percent cite an overall lack of confidence in their professional abilities.<\/li>\n<\/ul>\n<p>\u201ci didn\u2019t have a network of professionals to look to, so creating one during college and once entering the workforce was difficult,\u201d one survey respondent said. \u201clooking back, other entry-level professionals had an advantage over me with their connections through parents, relatives, or friends.\u201d<\/p>\n<p>nearly half the respondents feel their education at a \u201cno-name school\u201d didn\u2019t prepare them for the real world. one expressed a common sentiment: \u201ci felt like i didn\u2019t gain the skills and knowledge i needed. after graduating and starting my first full-time job, i quickly realized that i didn\u2019t know how much i didn\u2019t know.\u201d<\/p>\n<p><strong>feedback and development are inadequate<\/strong><\/p>\n<p>the closest thing to actual bias may be the perception that those of ethnic minority are not receiving the same treatment in the workplace as white peers.<\/p>\n<ul>\n<li>31 percent say mentorship opportunities were inadequate.<\/li>\n<li>32 percent rate themselves as \u201cbelow average\u201d at finding mentors or role models.<\/li>\n<li>24 percent cite a lack of timely, relevant or direct feedback on performance.<\/li>\n<\/ul>\n<p>given the cultural and education disadvantages (not to mention the general difficulty of finding personnel), cpa firms should be offering enhanced training and mentorship, but apparently that isn\u2019t happening.<\/p>\n<p>one respondent said, \u201ci had a black colleague who was coached out of the organization by their assigned mentor. they felt like their coach wasn\u2019t representing them well during performance reviews, and i don\u2019t think they ever felt supported by the people around them.\u201d<\/p>\n<p>another said, \u201cmy manager doesn\u2019t care about my development, and my assigned coach is their friend, so i feel like i have to be careful about what i say to my coach. it feels like another way in which i\u2019m being handicapped.\u201d<\/p>\n<h3>six steps<\/h3>\n<p>kari l. natale, senior director of planning and governance at the illinois cpa society, says, \u201cif we\u2019re repeatedly hearing the passing comment that \u2018this person isn\u2019t equipped,\u2019 at some point, we need to look in the mirror and examine how we are \u2013 or aren\u2019t \u2013 developing our diverse talent.\u201d<\/p>\n<p>for the sake of diversity, equity, inclusion, and more capable cpa practices, natale offers six steps toward improving the reception of ethnic minorities.<\/p>\n<ol>\n<li>be more transparent about attracting and developing diverse talent.<\/li>\n<li>dialogue with diverse individuals to ensure inclusivity.<\/li>\n<li>invest more time in training and development.<\/li>\n<li>work with colleagues to improve the quality of mentorship.<\/li>\n<li>create a safe environment for performance evaluation and explore ways to close talent gaps.<\/li>\n<li>work to level the playing field.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p><strong>but six things you should be doing anyway.<\/strong><\/p>\n<p><em>by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n","protected":false},"author":17,"featured_media":49463,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[3120,3002,2297,2301],"tags":[643,715],"class_list":["post-106663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pro-member-exclusive","category-special","category-staffing","category-talent","tag-hiring","tag-jobs"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo plugin v24.0 - 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