Diversity and equality

The corporate finance and accounting area underperforms compared to other job functions when it comes to diversity, equity and inclusion.

FICPA's Task Force on Diversity and Inclusion, launched last September, announced a number of initiatives this year to advance equitable treatment in its member firms.

Lumsden & McCormick promotes four; Oklahoma Society of CPAs announces 2021 Trailblazer and Path Finder award winners; and more CPA news.

The Top Five Firm welcomed 14 inaugural organizations from a wide range of industries to "actively enhance diversity, equity and inclusion within their organizations."

A new report from the IMA and CalCPA also found that 43 to 55 percent of female, nonwhite, and LGBTQIA respondents polled have left a U.S. accounting company due to a perceived lack of equitable treatment.

The Big Four firm created the program to give more people of color the opportunity to become CPAs.

Paul Knopp, KPMG U.S. Chair and CEO, posted an internal message on LinkedIn reiterating the firm's condemnation of "discrimination, harassment or racism" against Asian-Americans during the COVID-19 pandemic.

The CPA Consultants Alliance held its annual meeting online to discuss challenges confronting the accounting profession from COVID-19 and elect a new slate of officers for this year.

The Top 20 Firm will hold an annual summer program designed to recruit, develop and retain minority accounting students with a Diversity Leadership Summit and internship opportunities.

Coronavirus-related government policies and regulations that could affect business performance ranked as the top risk cited by board members and C-suite executives, according to a new survey.

The annual program provides up to $10,000 and an internship to 10 diverse accounting students pursuing the CPA license.

As Black History Month begins, a number of prominent accounting organizations — including the AICPA, Illinois CPA Society, and the National Association of Black Accountants — have joined together in announcing a new yearlong diversity program.

As a fresh round of federal relief loans is getting distributed to U.S. small firms hit by a pandemic crisis that will soon stretch to a year, new research shows that last year’s tranches of the Paycheck Protection Program covered less than a month of business expenses.

A panel of diversity experts in the accounting profession found there is still unequal representation at senior levels, ahead of a report co-written by the IMA and CalCPA.

Dixon Hughes Goodman's Wesley McLeod, a partner at the Top 20 Firm's insurance practice, will head the Insurance Accounting & Systems Association's new committee devoted to diversity in the insurance sector.

The Association of Chartered Certified Accountants found the majority of accountants internationally believe they are in an inclusive profession, but nearly two-thirds think the profession still has an issue to deal with when it comes to diversity.

As more accounting firm leaders get a better understanding of how to transform their practices, they begin to realize that in order to achieve greatness, they absolutely must have a diverse team.

Thirty minority students are the latest group to graduate from the state society's annual diversity and internship training program.

Hindsight is 20/20 and 2021 is finally here.

Institute of Management Accountants president and CEO Jeff Thomson is predicting six major developments in the finance and accounting profession this year.