Bridging the Skills Gap for New Accounting Graduates

8.03.2023

The Accounting Podcast

0:00

1:27:51

Guest: Dr. Josh McGowan, CPA from Troy University; Blake calculates the cost of the 150-hour rule; Minnesota says AICPA & NASBA are not the regulators; Accounting department budgets at risk

Sponsors

Uncat - https://cloudaccountingpodcast.promo/uncat
LiveFlow - https://cloudaccountingpodcast.promo/liveflow
First Republic Bank - https://cloudaccountingpodcast.promo/firstrepublic

Need CPE?

Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.com
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

(00:00) - Preview: The struggle is finding students who want to be an accounting major
(01:08) - Josh McGowan joins the show
(02:27) - Why should a student choose to be an accounting major
(09:35) - How is accounting enrollment trending at your University?
(12:25) - David asks Josh survey questions from a CPA Journal article
(23:39) - How do we fix the work/life balance image of bigger firms
(27:33) - Josh tell us your personal accounting journey
(37:27) - Blake shares some listener mail
(42:08) - Are students with accounting exposure in high school better prepared for college accounting classes?
(43:26) - Lets talk about the 150 hour rule with Josh
(58:20) - Is the branding of the accounting profession the bigger problem?
(01:09:08) - What if we change the 150 requirement and still have a pipeline issue?
(01:13:25) - Should accountants even need a bachelor's degree?
(01:22:40) - Wrap up and where to find Josh online

Show Notes

The Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Up

https://www.goingconcern.com/the-beef-between-the-aicpa-and-minnesota-over-the-150-hour-rule-heats-up/

An Update on the Future of Accounting Education

https://www.cpajournal.com/2022/11/14/an-update-on-the-future-of-accounting-education/

The cost of the 150-hour rule: $2 billion

https://www.accountingtoday.com/opinion/the-cost-of-the-150-hour-rule-2-billion

Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm

https://www.coindesk.com/tech/2023/03/01/former-accounting-team-of-ftx-us-auditor-armanino-sets-up-shop-as-the-network-firm/

Entigrity Honored with 'Dream Companies to Work For' and 'Best ...

https://www.prnewswire.com/in/news-releases/entigrity-honored-with-dream-companies-to-work-for-and-best-employer-brand-award-by-world-hrd-congress-301751496.html

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info?

Check out our new website - accountingconferences.com

Limited edition shirts, stickers, and other necessities

TeePublic Store: http://cloudacctpod.link/merch

Subscribe

Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
Podchaser: http://cloudacctpod.link/podchaser
Spotify: http://cloudacctpod.link/Spotify
Stitcher: http://cloudacctpod.link/Stitcher
Overcast: http://cloudacctpod.link/Overcast
YouTube: https://www.youtube.com/c/CloudAccountingPodcast

Classifieds

Client Hub - https://clienthub.app/
RightTool for QuickBooks Online - https://righttool.app
Future Firm Accelerate - https://futurefirmaccelerate.com/cap

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd

Full Transcript Available Upon Request: [email protected]