The 150-hour education requirement for CPA licensure has become a target for some who see it as an easy way to ease the talent pipeline issues facing the profession.
A new pilot program, set to launch this fall, aims to turn obstacles created by the 150-hour requirement into an opportunity for both firms and students.
The Experience, Learn & Earn (ELE) program, developed by the AICPA and NASBA, aims to help students reach the finish line with as much undue stress — financial and otherwise — as is reasonable.
The ELE program will pair students with accounting firms, but the goal eventually is to allow any company seeking CPAs to participate.
The AICPA and NASBA are looking for firms interested in participating as well as universities, ideally securing at least one university per state. Learn more.