scholarly journals Bridging The CPA Exam Gap: Do Internships Matter?

2020 ◽  
Vol 13 (1) ◽  
pp. 9-18
Author(s):  
Stephanie Hairston ◽  
Charles Harter ◽  
Britton McKay

In this paper we consider whether experience gained on the job through an internship results in knowledge that can help with passing the CPA exam. It would seem that a candidate for the CPA exam would be better prepared if they had the combination of education and practical experience. We examine the CPA exam performance of 72 graduate students that completed a public accounting internship prior to sitting for the CPA exam compared to 98 graduate students that did not complete an internship in public accounting. Our analysis indicates that on average students completing internships score higher on all parts of the CPA exam. In addition, on average, students completing internships had a higher overall pass rate for each section of the exam, with the pass rate for the Regulation (REG) section being significantly higher for students that have completed internships; we also find that on average students with internships pass 2 sections of the exam prior to graduation as compared to 1.69 for students that have not completed internships.

2016 ◽  
Vol 32 (2) ◽  
pp. 17-38 ◽  
Author(s):  
Kenneth J. Smith ◽  
David J. Emerson

ABSTRACT Recently there has been much discourse regarding the existence, extent, causes, and consequences of a purported divide between accounting practice and academia. The crux of this issue relates to the charge that many new-generation faculty have a primary focus on academic research, but lack significant practical experience or certification, and the related claim that students may lack the requisite skills upon graduation. This study addresses these concerns by examining the incidence and trend in the possession of practice credentials, experience, and other activities among accounting faculty who graduated between 1994 and 2013. We evaluate how differences in institutional focus, possession of a practice credential, and proportion of credentialed faculty manifest in research propensities, current business experience, and student performance on the CPA exam. We identify a downward trend in practice credential possession that is more pronounced at research-oriented institutions. We further find significant differences in experience and publication activity across levels of both institutional focus and possession of a practice credential. We also find that students from research-oriented universities, schools with separate AACSB accounting accreditation, and those with a higher percentage credentialed faculty perform better on the CPA exam. Other results and the role of adjunct faculty in bridging this alleged divide are also examined.


2015 ◽  
Vol 31 (3) ◽  
pp. 291-300 ◽  
Author(s):  
Dennis M. Bline ◽  
Stephen Perreault ◽  
Xiaochuan Zheng

ABSTRACT While many colleges and universities publicize CPA examination pass rates as evidence of having a high-quality accounting program, some have questioned whether program-specific characteristics are legitimate predictors of examination success. To examine this issue, we empirically investigate the link between accounting faculty characteristics and performance on the CPA examination. We examine the results from nearly 700,000 first-time exam sittings taken during the period 2005–2013 and find that faculty research and teaching specialization has a significant impact on CPA exam performance. That is, when a program has a relatively higher percentage of accounting faculty with expertise in a particular content area tested on the exam (e.g., auditing), graduates achieve higher scores on the related exam section (e.g., AUD). We also find that faculty research productivity and CPA certification status are positively related to candidate exam performance. We believe these results contribute to the existing literature on the determinants of CPA exam success and also provide important insights to those responsible for accounting faculty staffing and development.


Electronics ◽  
2021 ◽  
Vol 10 (10) ◽  
pp. 1181
Author(s):  
Juanan Pereira

(1) Background: final year students of computer science engineering degrees must carry out a final degree project (FDP) in order to graduate. Students’ contributions to improve open source software (OSS) through FDPs can offer multiple benefits and challenges, both for the students, the instructors and for the project itself. This work reports on a practical experience developed by four students contributing to mature OSS projects during their FDPs, detailing how they addressed the multiple challenges involved, both from the students and teachers perspective. (2) Methods: we followed the work of four students contributing to two established OSS projects for two academic years and analyzed their work on GitHub and their responses to a survey. (3) Results: we obtained a set of specific recommendations for future practitioners and detailed a list of benefits achieved by steering FDP towards OSS contributions, for students, teachers and the OSS projects. (4) Conclusion: we find out that FDPs oriented towards enhancing OSS projects can introduce students into real-world, practical examples of software engineering principles, give them a boost in their confidence about their technical and communication skills and help them build a portfolio of contributions to daily used worldwide open source applications.


2015 ◽  
Vol 32 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Jared S. Soileau ◽  
Spencer C. Usrey ◽  
Thomas Z. Webb

ABSTRACT This study examines the association between jurisdictions' CPA exam educational requirements and exam pass rates, scores, and number of candidates from 2006 to 2013. More specifically, we examine provisional candidacy to sit for the CPA exam. Provisional status allows a candidate to sit for the CPA exam prior to obtaining the required number of hours or graduate degree. Our results indicate that while 150-hour exam jurisdictions outperform 120-hour jurisdictions, provisional jurisdictions outperform both 150- and 120-hour jurisdictions for pass rates and average scores. We also find that the number of candidates sitting for the exam is significantly lower for provisional and 150-hour jurisdictions than for 120-hour jurisdictions. Our study contributes to the literature by considering the potential benefits of sitting in provisional jurisdictions and is likely to be of interest to accounting educators, state boards, and public accounting firms. Data Availability: Data are publicly available from sources indicated in the text.


2006 ◽  
Vol 21 (3) ◽  
pp. 173-193 ◽  
Author(s):  
Arthur Allen ◽  
Angela M. Woodland

This study examines the association of the 150-hour education requirement with the number of CPA exam candidates, pass rates, and the number passing. Proponents of the 150-hour requirement argue that additional education produces higher quality students who are better prepared for the CPA exam and accounting careers. Opponents argue it imposes opportunity costs on students and costly barriers to entry into public accounting. On average we find a large drop (36 percent) in the number of candidates in each state taking each exam, a small increase in pass rates for first-time candidates only (3 percent), and a large drop (31.5 percent) in the number passing the CPA exam after the 150-hour requirement. Our results may be useful to accounting educators evaluating the success of their 150-hour programs, state boards considering revisions of their 150-hour requirements, and public accounting firms setting strategies to achieve audit quality.


2020 ◽  
Vol 8 (2) ◽  
pp. 10-33
Author(s):  
Jim Riggs ◽  
Donna Roberts

This article argues for the need to significantly adjust the process and focus of the educational thesis and dissertation to better match the preparation and needs of students who are practitioners in order to help these students become stronger and better educators and leaders. To that end, the article presents innovative approaches to improve experiences for graduate students who are developing, conducting and completing master’s degree theses and doctoral dissertations in the field of education. The vast majority of students who pursue master’s or doctoral degrees in education do not intend to become researchers or university faculty.  Rather, most of these students are looking to improve their skills as teachers and educational leaders, and will likely never conduct a major research effort beyond the thesis or dissertation.  While these students have a great deal of practical experience in their field, most of them have had little or no exposure to graduate level research, scholarly literature or academic writing.  Recognizing that research skills including data collection and analysis, and academic writing are essential skills for all graduate students including those in educational programs, these skills alone are inadequate in preparing educators for the realities they face as they work to conduct multi-tiered and multi-faceted research that will affect positive change and contribute to the field to improve overall student success. For many of these students the thesis and dissertation, while a significant requirement for the degree, are viewed as major “hurdles” that are too often disconnected from the realities and complexities of the classroom and administrative office.  Appropriate theoretical and conceptual frameworks are used to examine how the educational thesis and dissertation process can be improved to better serve the needs of educational practitioners.  This includes the use of Role AcquisitionTheory (Thornton & Nardi, 1975) to examine and help facilitate the intrinsic change process in graduate students in education during the thesis and dissertation process. Transformative Learning Framework (Cranton, 2016) is used to better understand and advance developmental changes and scaffolding that are necessary to examine problematic frames of reference, openly reflect, and to emotionally change from the experience. The Loss/Momentum Framework (RP Group, 2012) is used in two separate ways; first to scrutinize specific institutional barriers and supports that exist in graduate and doctoral programs in education as well throughout the university that influence the process of completing the thesis and dissertation.  Second, it is used to identify and examine individual characteristics, skills, and attributes of these students that serve as either barriers or assets to completing a meaningful thesis or dissertation. Practical recommendations for improving the educational thesis and dissertation process are provided, and mentoring and strategic coaching approaches discussed.


2021 ◽  
Vol 32 (11) ◽  
pp. 2714-2723
Author(s):  
Jeffrey S. Berns ◽  
Weifeng Weng ◽  
Bernard G. Jaar ◽  
Rebecca S. Lipner ◽  
Bradley G. Brossman ◽  
...  

BackgroundThe pass rate on the American Board of Internal Medicine (ABIM) nephrology certifying exam has declined and is among the lowest of all internal medicine (IM) subspecialties. In recent years, there have also been fewer applicants for the nephrology fellowship match.MethodsThis retrospective observational study assessed how changes between 2010 and 2019 in characteristics of 4094 graduates of US ACGME-accredited nephrology fellowship programs taking the ABIM nephrology certifying exam for the first time, and how characteristics of their fellowship programs were associated with exam performance. The primary outcome measure was performance on the nephrology certifying exam. Fellowship program pass rates over the decade were also studied.ResultsLower IM certifying exam score, older age, female sex, international medical graduate (IMG) status, and having trained at a smaller nephrology fellowship program were associated with poorer nephrology certifying exam performance. The mean IM certifying exam percentile score among those who subsequently took the nephrology certifying exam decreased from 56.7 (SD, 27.9) to 46.1 (SD, 28.7) from 2010 to 2019. When examining individuals with comparable IM certifying exam performance, IMGs performed less well than United States medical graduates (USMGs) on the nephrology certifying exam. In 2019, only 57% of nephrology fellowship programs had aggregate 3-year certifying exam pass rates ≥80% among their graduates.ConclusionsChanges in IM certifying exam performance, certain trainee demographics, and poorer performance among those from smaller fellowship programs explain much of the decline in nephrology certifying exam performance. IM certifying exam performance was the dominant determinant.


2021 ◽  
Author(s):  
Linda Espahbodi ◽  
Reza Espahbodi ◽  
Arya Espahbodi ◽  
Rosemary Walker ◽  
G. Thomas White
Keyword(s):  

Author(s):  
Jane Fedorowicz ◽  
Joy Gray

An M.S. in Accountancy (MSA) remains the leading graduate academic credential for students seeking to obtain employment in public accounting or corporate accounting positions. Our research corroborates the increasing demand for graduates with strong technology and analytics knowledge and skills. We advocate for an evolution from the “old” MSA model that prepares students for the CPA exam, to an “advanced” model in which the MSA essentially evolves into an MSAA (MS in Accounting Analytics). We begin with a look at the “demand” side for MSAA skills, and then describe the new MSAA degree currently offered at XXX University [1] as an example of how one university is adapting to meet this new demand. The paper concludes with advice for other programs to adapt their own MSA programs.[1] University name to be added post-review.


2005 ◽  
Vol 31 (1) ◽  
Author(s):  
Esmari Štrbac ◽  
Gert Roodt

It is suggested that certain psychological attributes of accounting graduates are significant predictors of the later success of trainee accountants in the work environment. Since selection is a key human resources function in public accounting firms the present study investigated the relationship between academic performance, specific personality traits, examination pass rate and the work performance of a sample (N = 77) of trainee accountants from an international, mid-sized firm. The results indicate that the majority of cases could be correctly predicted as successful or not by a verbal ability variable and that the criterion measure developed for this study (Cronbach alpha = 0,95) can be used successfully to measure the work performance of trainee accountants. The importance of academic performance as well as the pass rate in the qualifying examinations are also discussed. Opsomming Daar word gesuggereer dat sekere sielkundige eienskappe van rekeningkunde gegradueerdes as voorspellers van hul latere sukses in die werkomgewing kan dien. Aangesien keuring ’n kernfunksie van die menslikehulpbronaktiwiteite binne openbare ouditeursfirmas is, het hierdie studie die verhouding tussen akademiese prestasie, spesifieke persoonlikheidstrekke, die eksamenslaagsyfer en die werkprestasie van ’n steekproef (N = 77) kwekelinggeoktrooieerde-rekenmeesters binne ’n internasionale, gemiddelde grootte firma ondersoek. Die resultate dui daarop dat die meerderheid gevalle korrek as suksesvol aldan nie voorspel kan word deur ’n verbale vermoëveranderlike en dat die kriteriuminstrument wat vir hierdie studie ontwikkel is (Cronbach alfa = 0,95), gebruik kan word om die werkprestasie van hierdie kwekelinge te meet. Die belangrikheid van akademiese prestasie en die slaagsyfer in die kwalifiserende eksamens word ook bespreek.


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