The Public Company Accounting Oversight Board announced on Monday that 253 accounting and auditing students from U.S. colleges and universities will receive $10,000 scholarships for the 2021-2022 academic year.
PCAOB scholars are nominated by their colleges and universities. Nominated students must be enrolled in accounting degree programs and on the path to becoming auditors. Schools are also encouraged to consider students from groups currently underrepresented in the accounting profession.
"Congratulations to our PCAOB Scholars who achieved this distinction during an unquestionably challenging period for students everywhere,” said PCAOB acting chairperson Duane DesParte in a statement. “The PCAOB is pleased to help support these dedicated individuals on their paths to becoming leaders in accounting and auditing.”
Scholarships are made possible by the Sarbanes-Oxley Act of 2002, which states that monetary penalties imposed by the PCAOB in its disciplinary proceedings can fund merit scholarships for students in accredited accounting degree programs across the country.
For the full list of 2021-2022 scholarship recipients, head to the PCAOB's
