Efforts To Develop Future Accountants Nationally Noted
The American Institute of Certified Public Accountants “Strategies for Boosting Accounting Enrollment An AICPA Pipeline Acceleration Report” noted The University of Scranton Accounting Department’s successful initiatives to increase interest in the field of accounting, as well as efforts to support students studying accounting at the undergraduate and graduate levels. Only 13 colleges in the nation were included in the report that cites examples of innovative successful strategies for expanding access to accounting programs, enhancing student engagement and empowering student success.The University of Scranton was among just 13 colleges in the nation recognized by The American Institute of Certified Public Accountants (AICPA) for their efforts to increase interest in pursuing careers in accounting and to support students who have chosen that path. Several of the University’s initiatives were praised in AIPCA’s publication “Strategies for Boosting Accounting Enrollment An AICPA Pipeline Acceleration Report.”
According to AICPA, the national “Pipeline Acceleration Plan seeks to increase students' interest in accounting and encourage more accounting graduates to become licensed professionals.” The report encourages “implementing strategic measures to attract, develop, and retain a diverse and skilled talent pool in the accounting profession” and cites examples of innovative successful strategies for expanding access to accounting programs, enhancing student engagement and empowering student success.
The University’s Accounting Program was recognized for its outreach efforts to parents through the Business High School Scholars Program, which allows qualified high school students to take college courses at a reduced rate, in addition to other support. The report noted:
“Recognizing the significance of parental influence in students’ career choices, The University of Scranton conducts on-campus and virtual sessions for parents. These sessions address parents’ concerns regarding job stability and earning potential in the accounting field. Additionally, they dispel misconceptions about accounting careers, such as the notion that analytics will replace accountants.”
The report also recognized the foundational support offered to accounting students, stating the University “entrusts introductory accounting courses to instructors who have an established track record of engaging students and are also actively involved in advising various student clubs and organizations. The University of Scranton succeeds both at making a good first impression and at creating a symbiosis between academic instruction and extracurricular engagement.”
The report also recognized the “active culture of collaborative learning” environment created in the accounting program at the undergraduate and graduate level, noting that “encouraging students to study together is designed to cultivate mentorship and peer support that can increase students’ likelihood of passing the CPA Exam.”
AIPCA’s “Strategies for Boosting Accounting Enrollment An AICPA Pipeline Acceleration Report” was published Feb. 24, 2024.
Scranton’s Accounting Department, its professors and students have received national recognition for research. Scranton’s Accounting Department ranked No. 5 (tied) in the world for accounting education research published in the most recent six-years in the 2022 Brigham Young University Accounting Rankings, which is considered to be the gold standard in accounting disciplines. The listing also recognized several accounting faculty members individually for their research publication success. Scranton faculty and students have won multiple national Institute of Management Accountants’ awards as well, including prestigious student leadership awards and research and ethics awards.
