North Carolina is joining the growing list of states looking to ease the CPA shortage by modernizing the path to licensure. A newly introduced bill, the Accounting Workforce Development Act (SB321), aims to offer CPA candidates an alternative route: a bachelor’s degree in accounting, two years of relevant work experience and successful completion of the CPA exam. 

Leaders from the six largest CPA societies have stepped up to clarify misconceptions about proposed changes to CPA licensure requirements. In a coauthored article, they addressed confusion surrounding the 150-credit rule, which has become a focal point in the profession’s ongoing efforts to combat the accountant shortage. 

Instead of offering insight, these labels can fuel stereotypes that ignore the diversity and complexity within each age group.

The debate over the ideal workweek has intensified, with workplace experts unable to pinpoint the “sweet spot” for Gen Z workers. While most experts argue a 60-hour workweek is unsustainable, they also caution that a strict 40-hour workweek may not be enough for those looking to advance quickly.