In his farewell tour, outgoing AICPA CEO Barry Melancon is defending the 150-hour rule. He claims the extra year of schooling has "elevated" the profession, creating smarter, savvier CPAs. But has it really?
We all know that the 150-hour rule is one of the top reasons accountants don't become CPAs. But the AICPA seems to be in denial about it. Here’s why they get it wrong and why the accounting profession should undo the big mistake that is the 150-hour rule.
We have a CPA pipeline problem. At the current rate, we aren’t minting nearly enough new CPAs to replace those who will be retiring soon. Here's how to fix it.
