Will PA ever save itself by getting rid of billing metrics, relaxing the CPA exam like the legal sector/bar is doing, and stop outsourcing work overseas? We are essentially killing our industry. Who would want to go to an extra year of school and sit for a shitty exam while their peers graduate in four years and will immediately make more money? Then, once they are in the firm they will get constantly berated for not meeting hours and metrics, and are threatened with their job being outsourced?

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At this rate, you’d need another Enron/Arthur Andersen level scandal to get serious change in PA, and even then there’d be pushback

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Tons of people get advanced degrees out side of accounting. Even if the hours requirement dropped, you’re still gonna have to study and sit for the exam. Why would we want to make it easier for people to become CPAs? It’s supposedly the last line of defense from corporate greed that we have.

I do think that college should and will look different when my kids are of that age but I don’t think lowering the bar for cpas is going to help our industry.

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I agree that I don’t think lowering the bar will help. I think if salaries and work/life balance improved, we’d instead be able to justify the bar to becoming a CPA. Unfortunately, our industry is degrading the value of the CPA by shipping work offshore

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It’s really sad. I’m mentoring a new graduate and everywhere she’s looking, there aren’t any entry level/staff positions available. Not at the big 4 or the regional firms. My only explanation is that they’re not getting as much business and what little they get, they outsource the prep/staff work offshore!

helpful

BDO 1: it is! Shes really discouraged

Oh my sweet sweet summer child they will eat their young before they change the billable structure

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Nope! That’s a hard pass.

lol

You are delusional

I did! I’m not sure everyone who gets a bachelors is doing better than accountants.

Lowering the bar definitely won't help and could just result in more unethical practices by companies. I agree that you would need an Enron/Arthur Andersen level scandal to get serious change in PA, and even then there’d be pushback.
Outsourcing is very unfair to many students who are really interested in becoming CPA's.

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