{"id":136030,"date":"2024-12-04t10:00:38","date_gmt":"2024-12-04t15:00:38","guid":{"rendered":"\/\/www.g005e.com\/?p=136030"},"modified":"2024-12-04t22:45:19","modified_gmt":"2024-12-05t03:45:19","slug":"does-accounting-belong-in-stem-accounting-arc","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/12\/04\/does-accounting-belong-in-stem-accounting-arc\/","title":{"rendered":"does accounting belong in stem? | accounting arc"},"content":{"rendered":"<p><strong><span class=\"textrun scxw6859679 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw6859679 bcx8\">accounting <\/span><span class=\"normaltextrun scxw6859679 bcx8\">expert<\/span><span class=\"normaltextrun scxw6859679 bcx8\">s debate stem designation and its implications for the<\/span><span class=\"normaltextrun scxw6859679 bcx8\"> accounting<\/span><span class=\"normaltextrun scxw6859679 bcx8\"> field.<\/span><\/span><span class=\"eop scxw6859679 bcx8\" data-ccp-props=\"{}\">\u00a0<\/span><\/strong><\/p>\n<div style=\"padding: 56.25% 0 0 0; position: relative;\"><iframe style=\"position: absolute; top: 0; left: 0; width: 100%; height: 100%;\" title=\"does accounting belong in stem?| accounting arc\" src=\"https:\/\/player.vimeo.com\/video\/1030925513?h=547efec384&amp;autoplay=1&amp;&amp;muted=1&amp;loop=1&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" frameborder=\"0\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_selres_start\">?<\/span><\/iframe><\/div>\n<h6 style=\"text-align: center;\">click to subscribe anywhere:\u00a0<a href=\"https:\/\/cpa.click\/apple-podcasts\">apple<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/youtube-podcasts\">google\/youtube<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/spotify\">spotify<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/iheart-podcasts\">iheart<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/deezer\">deezer,<\/a>\u00a0<a href=\"https:\/\/cpa.click\/amazon-podcasts\">amazon music and audible<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/playerfm-podcasts\">player fm<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/audacy\">audacy<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/gaana\">gaana (india)<\/a>,\u00a0<a href=\"https:\/\/cpa.click\/boomplay\">boomplay (africa)<\/a>, or\u00a0<a href=\"https:\/\/cpatrendlines.podomatic.com\/rss2.xml\">rss<\/a>.<\/h6>\n<p><iframe loading=\"lazy\" style=\"border: none; height: 205px; width: 100%;\" src=\"https:\/\/www.podomatic.com\/embed\/v2\/podcast\/5781641?episode_id=10831799&amp;theme=light\" width=\"100%\" height=\"205\" frameborder=\"0\"><\/iframe><\/p>\n<figure id=\"attachment_133884\" class=\"thumbnail wp-caption alignright\" style=\"width: 252px\"><a href=\"\/\/www.g005e.com\/tag\/accounting-arc\/\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-133884\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/10\/on-a-mission_-introducing-accounting-arc-low-1.gif\" alt=\"\" width=\"252\" height=\"142\" \/><\/a><figcaption class=\"caption wp-caption-text\"><a href=\"\/\/www.g005e.com\/tag\/accounting-arc\/\">more arc: analysis, reaction, comedy<\/a><\/figcaption><\/figure>\n<p><strong><em>accounting arc<\/em><\/strong><em><i><br \/>\n<\/i><\/em><em><i>with liz mason, byron patrick, and donny shimamoto.<\/i><br \/>\n<a href=\"https:\/\/improvetheworld.net\/contact\/\">center for accounting transformation<\/a><\/em><\/p>\n<p><span class=\"textrun scxw249869478 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw249869478 bcx8\">as accounting evolves into a technology-driven profession, a question looms: does accounting qualify as a stem (science, technology, engineering, and math) field? on the latest episode of accounting arc, thought <\/span><span class=\"normaltextrun contextualspellingandgrammarerrorv2themed scxw249869478 bcx8\">leaders <\/span><span class=\"normaltextrun contextualspellingandgrammarerrorv2themed scxw249869478 bcx8\">hosts<\/span><span class=\"normaltextrun scxw249869478 bcx8\"> liz mason, <\/span><span class=\"normaltextrun scxw249869478 bcx8\">cpa; <\/span><span class=\"normaltextrun scxw249869478 bcx8\">byron patrick<\/span><span class=\"normaltextrun scxw249869478 bcx8\">, cpa.citp, cgma; and donny shimamoto, cpa.citp, cgma, <\/span><span class=\"normaltextrun scxw249869478 bcx8\">tackle this provocative question.<\/span><\/span><span class=\"eop scxw249869478 bcx8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<blockquote>\n<p style=\"padding-left: 40px;\"><strong>more accounting arc: <\/strong><a href=\"\/\/www.g005e.com\/?p=136023\">rose wang: where numbers meet strategy and creativity<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/11\/20\/tiktok-fraud-exposes-gaps-in-financial-literacy-accounting-arc\/\">tiktok fraud exposes gaps in financial literacy<\/a> | <a href=\"\/\/www.g005e.com\/2024\/11\/13\/how-accounting-pros-own-the-stage-in-public-speaking-accounting-arc\/\">how accounting pros own the stage in public speaking<\/a> | <a href=\"\/\/www.g005e.com\/2024\/11\/06\/greg-kyte-being-a-cpa-is-like-being-the-marie-kondo-of-numbers-accounting-arc\/\">greg kyte: being a cpa is like being the marie kondo of numbers<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/11\/03\/rachel-bashore-a-lawyers-case-for-reinventing-accounting-accounting-arc\/\">rachel bashore: a lawyer&#8217;s case for reinventing accounting<\/a> | <a href=\"\/\/www.g005e.com\/2024\/10\/30\/beyond-the-basics-in-ethics-education-accounting-arc\/\">beyond the basics in ethics eduction<\/a> | <a href=\"\/\/www.g005e.com\/2024\/10\/23\/from-ledger-sheets-to-world-change-how-bailey-lenart-is-transforming-accounting-accounting-arc\/\">bailey lenart: from ledger sheets to transformational change<\/a> | <a href=\"\/\/www.g005e.com\/2024\/10\/09\/election-2024-what-cpas-need-to-know-about-tax-plans-and-politics-accounting-arc-accounting-arc-with-liz-mason-byron-patrick-and-donny-shimamoto\/\">election tax plans: what cpas need to know<\/a> | <a href=\"\/\/www.g005e.com\/2024\/09\/25\/leadership-for-the-future-stakeholders-sustainability-and-strategic-vision-accounting-arc\/\">leadership for the future: stakeholders, sustainability, and strategic vision<\/a> |<\/p>\n<\/blockquote>\n<p><span class=\"textrun scxw82111180 bcx8\" lang=\"en-us\" xml:lang=\"en-us\" data-contrast=\"auto\"><span class=\"normaltextrun scxw82111180 bcx8\">\u201cstem is about applying rules-based knowledge in real-world scenarios,\u201d explain<\/span><span class=\"normaltextrun scxw82111180 bcx8\">s<\/span><span class=\"normaltextrun scxw82111180 bcx8\"> mason, ceo of high rock accounting. \u201caccounting fits because we apply principles and make ethical decisions just like other stem professions.\u201d<\/span><\/span><span class=\"eop scxw82111180 bcx8\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>but not everyone agrees with mason.<\/p>\n<p><!--more--><\/p>\n<p><span data-contrast=\"auto\">shimamoto, founder and managing director of intraprisetechknowlogies llc and founder and inspiration architect for the center for accounting transformation, takes a more cautious stance. \u201cstem traditionally involves innovation at a foundational level, like creating new technology or scientific principles. most accountants are implementers, not innovators.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">patrick, ceo of verifyiq and vice president of client success at the b3 method institute\u00ae,\u00a0 highlights a practical dimension: \u201cthis debate isn\u2019t just academic. federal funding for stem could help address the talent pipeline crisis in accounting.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">much of the discussion revolves around technology. mason argues that accountants increasingly act as \u201cbusiness engineers,\u201d leveraging technology to automate and innovate. but shimamoto cautions, \u201cusing technology doesn\u2019t automatically make a profession stem. otherwise, everyone from cashiers to marketers would qualify.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">patrick, meanwhile, notes how initiatives like cpa evolution push accounting closer to stem disciplines by emphasizing technology and analytics. \u201cwe\u2019re moving toward a profession anchored in stem knowledge,\u201d he says.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">mason agrees, envisioning a future where accountants design automation and analyze complex data. \u201cwe need to integrate more stem into education to stay competitive globally.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">shimamoto urges a more balanced view. \u201cfocusing on stem shouldn\u2019t overshadow the importance of vocational education and apprenticeship pathways,\u201d he says. \u201caccounting has always been learned through practice as much as theory.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">top 6 takeaways<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ol>\n<li><span data-contrast=\"auto\">technology plays a pivotal role in modern accounting but doesn\u2019t alone qualify the profession as stem.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">federal funding tied to stem designations could address talent shortages in accounting.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">stem\u2019s historical focus was on innovation and global competitiveness.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">accounting\u2019s evolution includes a greater emphasis on technology and analytics.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">integration of stem content into accounting education is growing but not yet widespread. for example, automation and ai are reshaping the profession\u2019s future.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">the debate reflects larger questions about how professions define themselves.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p><strong>accounting experts debate stem designation and its implications for the accounting field.\u00a0<\/strong><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-136032\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/11\/does-accounting-belong-in-stem__-accounting-arc-low.gif\" alt=\"\" width=\"250\" height=\"141\" \/><br \/>\n<strong><em>accounting arc<\/em><\/strong><br \/>\n<i>with liz mason, byron patrick, and donny shimamoto.<\/i><br \/>\n<a href=\"https:\/\/improvetheworld.net\/contact\/\">center for accounting transformation<\/a><\/i><\/p>\n","protected":false},"author":4585,"featured_media":136032,"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":[4722,1362,2327,2734,3002,2764],"tags":[4057,4056,4066,4067,4065,4787],"class_list":["post-136030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arc","category-featured-video","category-innovation","category-podcast","category-special","category-video","tag-accounting-arc","tag-arc","tag-byron-patrick","tag-donny-shimamoto","tag-liz-mason","tag-stem"],"acf":[],"yoast_head":"<!-- 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