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150-HOUR RULE NOT TO BLAME FOR DECREASE.


A new report, "Accounting Education: Charting the Course through a Perilous Future," reveals a possible reason for the recent 23 percent decrease in the number of accounting majors: beginning salaries and misinformation mis·in·form  
tr.v. mis·in·formed, mis·in·form·ing, mis·in·forms
To provide with incorrect information.



mis
.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the report by the American Accounting Association, AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
, Institute of Management Accountants The Institute of Management Accountants (IMA) is a professional organization headquartered in Montvale, New Jersey consisting of over 70,000 members worldwide. The IMA is dedicated to advancing the role of the management accountant and financial manager within the business , and Big Five, the decrease is related to a number of factors unrelated to the 150-hour program.

The report notes that many college students choose their major based on starting salaries, adding that today's salaries for CPAs lag behind salaries in other professions.

Also, the report blames misinformation and lack of information about accounting programs and careers for a decline in interest. According to the report, high school guidance counselors have outdated versions of what skills are needed to become a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. . Also, high school accounting courses are often either not offered or have too much emphasis on numbers.
COPYRIGHT 2001 California Society of Certified Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:fewer accounting majors
Publication:California CPA
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2001
Words:145
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