Accounting Leaders Divided Over Changing 150-Hour Rule for CPAs
The accounting profession is reaching a crisis point. The industry hemorrhaged 334,000 accountants and auditors from 2019 to 2021, including CPAs, and just 22,000 accountants and auditors joined the workforce last year. The shortfall has led to questions about the requirement for US accountants to have 150 hours of education to receive a CPA license….