Why CPA Evolution is the need of the hour?Most edtech leaders see upskilling as an effective strategy to bridge the global talent crunch of $8.5 trillion (85,000 jobs unfiled) by 2030. As a way of formulating an inclusive workforce, AICPA and NASBA found the following reasons to initiate the evolution.
- Fuel CPA aspirants to stay competitive in Industry 4.0 F&A landscape.
- Learn and apply competitive Technologies (AI, ML, and Data Analytics + Accounting) to tax, auditing, and financial planning processes.
- As the Big 4 announce 52,000 new roles of which 50,000 positions are technical.
- There is a 30% downfall in accounting graduates in Public Accounting firms and a 31% increase in non-accounting graduates in the accounting profession.