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Author Gustafson, Curtis O
Title Public accountants' perceptions of the 150-hour requirement
book jacket
Descript 113 p
Note Source: Dissertation Abstracts International, Volume: 65-07, Section: A, page: 2661
Director: Karen Card
Thesis (Ed.D.)--University of South Dakota, 2004
In 1988, the general membership of the American Institute of Certified Public Accountants (AICPA) voted to require 150 semester hours of education for all new members after the year 2000. In the United States, there are 54 jurisdictions (50 states, Guam, Puerto Rico, Virgin Islands, and District of Columbia) that regulate the accounting profession. Since the passage of the AICPA resolution in 1988, 48 of the 54 jurisdictions have passed laws similar to the AICPA's resolution. In five of these 48 jurisdictions, the law has yet to take effect (AICPA, n.d.). Production of reports critical of accounting education in the U.S. has become a growing industry (Mathews, 2001). The 150-hour seems to have given those critical of accounting education additional material (Nearon, 2002)
The purpose of this study was to determine the perceptions of employers concerning the effectiveness of the AICPA'S 150-hour requirement. Specifically, the study investigated the skills employers perceive entry-level accountants should possess and the extent to which employers perceive entry-level accountants possess those skills. The study also investigated the extent to which the skills employers identify as important can predict their perceptions about the course content that should be included in the extra 30 hours necessary to meet the 150-hour requirement
The population for this study included the practicing accountants in the states of South Dakota, Nebraska, Kansas, Arkansas, and Montana. A purposeful sample of those firms believed most likely to have hired an entry-level accountant since implementation of the law in these jurisdictions in 1998 was selected. A survey instrument was used to collect data concerning practicing accountants' perceptions of the law. Descriptive and inferential statistics were used to analyze the data
This study concluded that employers do not believe entry-level accountants are as competent as they should be in a number of skill areas. This study also concluded that employers do not believe the 150-hour requirement has been effective in preparing successful entry-level accountants or in improving either their broader or technical skills. Finally this study concluded that quantity of accounting education does not necessarily equate with quality of accounting education
School code: 0203
Host Item Dissertation Abstracts International 65-07A
Subject Business Administration, Accounting
Education, Business
Alt Author University of South Dakota
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