Blood, Sweat & Balance Sheets
The accounting profession is in a state of flux. With a shocking number leaving the industry and fewer students opting to major in Accounting, it's clear that change is needed — and fast. Hosted by FloQast co-founder and CEO Mike Whitmire, inactive CPA, Blood, Sweat & Balance Sheets explores the modern accounting landscape to identify how to uplift the profession, ways in which leaders can evolve operations to empower employees, and highlights individuals making material impacts in finance and accounting.
Blood, Sweat & Balance Sheets
Breaking the Barrier: AICPA and NASBA Overhaul the 150-Hour CPA Rule
In this special emergency episode of Blood, Sweat & Balance Sheets, Mike and Stefan dive into the groundbreaking news shaking the accounting world — the AICPA and NASBA have proposed a radical shift in the 150-hour rule.
A new "Competency-Based Experience Pathway" could eliminate the need for 30 additional credit hours, offering aspiring CPAs an alternative route through work experience and verified competencies. The guys explore:
- Implications for future CPAs
- How it addresses criticisms of diversity barriers
- What states are already doing to lead the change
Tune in for an in-depth discussion on what this could mean for the profession, and how you can make your voice heard before the December 6 comment deadline.
