AICPA announces winners of 2021 CPA Evolution Resource Competition

The American Institute of CPAs announced the winners of its 2021 CPA Evolution Resource Competition Awards.

Created last year, the competition asks accounting educators to submit their original long- or short-form case studies, exercises and general education material based on the new CPA Evolution model. An awards panel of six independent judges, consisting of academics and practitioners alike, determined this year's winners.

Representing a joint effort from the AICPA and the National Association of State Boards of Accountancy, the new CPA Evolution model aims to better prepare CPAs for the ever-changing skills and competencies required from modern professionals. The new competencies will ultimately be reflected in the 2024 Uniform CPA Exam.

“The accounting profession relies on forward-thinking educators to foster its next generation of leaders,” said Jan Taylor, academic-in-residence and senior director of academic and student engagement at the AICPA, in a statement. “Faculty are champions for the profession. These awards recognize professors who exceeded expectations to inspire future accountants through innovative tools and techniques.”

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The CPA Evolution model.
AICPA/NASBA

In the long-form category, first prize was awarded to Laurie Corradino, assistant professor of accounting at Colorado State University-Pueblo, for her case, Fixed Assets – A Logical and Visual Analysis. The case allows students who are familiar with fixed assets and related calculations to learn and practice financial data analytics. The activity is designed to help students understand data analytics as a standalone skill and strengthen their knowledge of fixed asset considerations and calculations.

Honorable mention in the long-form category was awarded to Sheri Geddes, an associate professor of accounting at Hope College in Michigan, for her submission, Taxation and Regulation in Uncertain Times. During this activity, students use a real-life scenario and documents to make determinations surrounding tax planning.

In the short-form category, first prize was awarded to Agatha Engel, assistant professor of accounting at Northern Virginia Community College, for her submission, Chicago Parking Spaces. Based on real data, the case asks students to perform net present value calculations to verify claims made by different stakeholders and to advise a city council in their hometown.

Honorable mention in the short-form category went to Grace Johnson, McCoy Professor and lead instructor for accounting and public accounting majors at Marietta College in Ohio, for her submission, Superstore Memo. The case has students use Tableau software to communicate observations from visualizations and formulate questions for a director of sales and marketing.

Each winner will receive a monetary award and can share their work at upcoming AICPA Faculty Hour webinars. Materials from the submissions will also be posted to the AICPA Academic Resource Database, which houses educational content faculty can utilize in their classrooms.

More information on the CERC Awards is available on ThisWaytoCPA's site here.

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