{"id":118790,"date":"2023-10-30t12:40:11","date_gmt":"2023-10-30t16:40:11","guid":{"rendered":"\/\/www.g005e.com\/?p=118790"},"modified":"2024-08-27t17:00:49","modified_gmt":"2024-08-27t21:00:49","slug":"record-low-number-of-accounting-graduates-impacts-staffing-shortage-looking-for-recent-grads-good-luck","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/10\/30\/record-low-number-of-accounting-graduates-impacts-staffing-shortage-looking-for-recent-grads-good-luck\/","title":{"rendered":"looking for fresh accounting grads? good luck"},"content":{"rendered":"

\"line<\/strong><\/p>\n

the pipeline is just a trickle.<\/strong><\/p>\n

join the new staffing survey.<\/strong><\/a><\/span><\/h4>\n

\"\"<\/a>\"\"<\/p>\n

benchmark your firm.
\nbe the first to get the winning strategies.<\/span><\/span><\/a><\/span><\/h5>\n
by 卡塔尔世界杯常规比赛时间 research<\/em><\/h5>\n

the american institute of cpas 2023 trends report on new graduation data has good news and bad.<\/p>\n

which would you like first?<\/p>\n

more: <\/b>cpa biz is booming, but for how long?<\/a> | survey respondents see exciting year coming up<\/a> | survey: accountants economic outlook brightens<\/a> | research: accounting pros cautiously optimistic about generative ai<\/a> | why the u.s. must act now to protect our online privacy<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

spoiler alert: even the good news is pretty bad.
\n
\nthe report gathers data on accounting education, the cpa exam and public accounting firms\u2019 hiring of recent grads. it presents data collected since 1994 when 45,469 students graduated with a bachelor\u2019s degree in accounting and 6,153 took master\u2019s degrees. this year\u2019s report is based on 2022 data.<\/p>\n

the numbers peaked around 2011-2012, when bachelor grad numbers reached 57,483. by 2015-2016, master\u2019s degrees topped out at 23,139. the total grad number that year was 79,854.<\/p>\n

but then something happened \u2013 nobody knows what \u2013 and the numbers declined at a rate of 1 to 3 percent per year.<\/p>\n

in 2021-22, something else happened \u2013 maybe due to the pandemic? \u2013 and the decline for undergraduate accounting degrees plunged by 7.8 percent, dropping to 47,067.<\/p>\n

the pretty bad good news is that the decline for master\u2019s degree completion dropped by only<\/strong> 6.4 percent, substantially less than the plunge of 2019-20.<\/p>\n

expecting, hoping or wishing?<\/strong><\/p>\n

the trickle in the pipeline is bad news for 91 percent of the firms that responded to the survey. they were expecting \u2013 or hoping or wishing \u2013 to hire the same number or more new grads in 2023. fully half expected to hire more than the year before. sixty percent were confident enough to say that they expected to have as many cpas on staff in 2023 as they had in 2022.<\/p>\n

the report didn\u2019t say where these firms would find all that new staff. in 2022, only 18,847 candidates passed the fourth section of the cpa exam, the lowest since 2006. in 2016, that number was 27,889.<\/p>\n

maybe the situation will improve in a few years. forty-four percent of responding bachelor\u2019s programs and 46 percent of master\u2019s programs said they were expecting more enrollments in 2023, though 22 and 19 percent, respectively, foresaw a downturn.<\/p>\n

uptick in diversity<\/strong><\/p>\n

an interesting development in diversity: the number of latino\/hispanic recipients of bachelor\u2019s degrees rose by almost a full percentage point, from 13.4 percent to 14.3 percent. the proportion of blacks rose slightly from 6.8 percent to 7.1 percent. the percentage of white graduates dropped from 58.3 percent to 57.7 percent.<\/p>\n

the ratio of men to women coming out of college has seen women consistently in the lead at least since 2013. last year, 52.1 percent of recent grads were women, and 47.9 percent were men.<\/p>\n

aicpa initiatives<\/strong><\/p>\n

the aicpa has developed a pipeline acceleration plan to raise awareness, provide training, support improved firm culture, promote diversity and partner with colleges and universities to secure the profession’s future.<\/p>\n

among the efforts:<\/p>\n