Professional development

The fourth industrial revolution isn't just changing what accounting and finance professionals do — it's revealing how fundamentally broken professional development has become.

The National Association of State Boards of Accountancy launched a CPA Mobile App, bringing key functions of the NASBA CPA Portal to mobile devices.

In the age of AI automation, firms are developing staff with less on-the-job learning in repetitive tasks and more formal training and mentorship that emphasizes critical thinking and skepticism.

AI is increasingly taking on the routine repetitive tasks that, in the past, were handled by entry-level accountants, raising questions.

Plus, ADP launches wave of new AI features; Deloitte announces AI Infrastructure Center of Excellence; and other accounting tech updates.

Accounting students can measure their AI acumen and knowledge against others like them in a contest that will be held by CPA education platform TrueUp.

Failing a section of the exam isn't uncommon, but these strategies and tactics can make it less likely.

Would-be CPAs should prepare to pass the test — but be prepared to fail.

The state with the highest CPA exam pass rate in 2024 was Nebraska at 61.9%, followed by Utah at 58.6% and Montana at 57.4%, according to a NASBA report.

Illinois Gov. JB Pritzker signed a bill into law that adds two additional pathways to CPA licensure and preserves the original 150-hour path.

Why are students turning away from accounting? The reasons are multifaceted, but several themes emerge.

Infinite Ties, a client advisory services education and training platform, launched a yearlong learning track designed for professionals working in CAS.

Take action now to arm your employees with education, awareness, and reminders.

The American College of Financial Services and RISR are collaborating as a BNY Wealth report showcased the planning complexities of owner succession deals.

A cautionary reflection on employment in the age of automation.

The implications of the NCAA's House settlement on revenue sharing with student athletes may have ripple effects on academic programs like accounting.

The White House released "America's AI Action Plan," which calls for a wide variety of measures such as cutting regulations, promoting standards, encouraging training and aligning models with certain values.

The Public Company Accounting Oversight Board named the largest cohort in the program's history to receive $15,000 merit-based scholarships, totaling over $10 million.

Indiana CPA Society awards $24,550 in scholarships; Weaver and Herbein + Co. relocate offices; and more news from across the profession.

One of the biggest challenges facing internal auditing and accounting is recruiting the next generation of workers to each respective profession.