Firms established by pioneering Black CPAs decades ago created an indelible legacy within the accounting profession. Built by Black CPAs who succeeded despite adversity, the firms continue to play an important role in the profession's recruitment and advancement initiatives, and with the clients they serve. Here are a few examples.
A recent statement by the AICPA, verbalizing its commitment to creating equal opportunities for the black community in the accounting profession, was both heartfelt and compassionate. Yet, while it is beautiful and worthy of framing on a wall, the question that must be asked is this: Has the AICPA (and other leaders in the profession) done enough to truly create opportunities for black accountants to have equitable opportunities?
A number of Black CPAs have risen to the leadership level at several state CPA societies, either as board chairs or chief staff officers. Diversity, equity, and inclusion (DEI) is also at the top of many state societies’ agendas. Here’s a look at just a few of the many people in state CPA societies helping to promote the recruitment and advancement of Black CPAs.
Cynthia Calderón of CohnReznick and Shanita Booker of The Hartford have been the driving forces behind CTCPA's diversity, equity, and inclusion committee - and now, they've been named as Community Kindness Heroes for their efforts!
The SEC on Friday approved Nasdaq’s move to increase board diversity in companies listed on the stock exchange.
Thalia Smith, a partner at Deloitte, is using her experience as a Black woman in the Big Four to help students looking to break into accounting.
Drawn in by an ad for SAP consultants that read, “Astronauts wanted,” Melanie Kanaka left her comfortable job in accounting at a major conglomerate in Sri Lanka — and almost immediately began questioning the decision.
Global talent solutions firm Robert Half (NYSE: RHI) announced today it has been recognized by Forbes as one of America's Best Employers for Women 2021. This is the company's third consecutive year on the list.
Lara Abrash, the CEO of the U.S. audit and assurance business of Deloitte, and Deloitte partner Thalia Smith discuss why so many of the accounting profession's diversity, equity and inclusion efforts have met with little success, and what needs to happen going forward, as the Big Four firm rolls out a major initiative.
The research is clear: Despite there being little difference between male and female accounting professionals in terms of skills and capabilities, women tend to be far less confident than men. However, a key component in successfully offering advisory services is being confident in yourself.
As a new decade gets underway, some efforts in the accounting profession remain unchanged — one of which being the desire to boost diversity and representation in an overwhelmingly white profession.
Deloitte announced today the establishment of Making Accounting Diverse and Equitable (MADE), a commitment to generate more advisory, auditing, and tax career opportunities and leadership pathways for the next generation of certified public accountants (CPAs).
Leaders of the accounting profession have demonstrated a heightened commitment to diversity, equity, and inclusion (DEI) as this issue has grown exponentially in prominence over the past year.
Women entrepreneurs have long gotten a small slice of the venture-capital funding pie. Female VC leaders are trying to change that.
HR and payroll tech provider ADP has added several new tools to its DataCloud platform. The new ADP DEI Dashboard and Organizational Benchmarks Dashboard help analyze diversity in a workforce, and help better allocate staff resources.
Fifty years after the first Black CPA received his license, Elmer J. Whiting Jr. broke an important barrier when in 1971 he became the first Black partner of a Big Eight firm, which is what the largest national accounting firms were called at the time.
The Governmental Accounting Standards Board (GASB) today proposed to change the “comprehensive annual financial report” to the “annual comprehensive financial report.” The proposed name change was prompted by GASB stakeholders raising concerns that the existing acronym for the report, when spoken, sounds like a profoundly offensive term.
When experts make suggestions on how to improve the efficacy of diversity and inclusion initiatives in the workplace, they often focus on what firm leadership can do. But Jina Etienne says that actually might be one of the reasons why D&I programs often aren't as successful as they could be. Instead, they should include middle managers.
Mary T. Washington Wylie in 1943 became the nation’s first Black woman to earn the CPA license, a notable achievement in a remarkable life filled with many accomplishments. Washington Wylie also made it her life’s mission to hire and mentor Black aspiring CPAs. Her story illustrates the importance of early Black CPAs’ success and the advances they made for future generations of accountants.
Big Four firm KPMG U.S. has published its "Diversity, Equity and Inclusion: 2020 KPMG U.S. Transparency Report," an inaugural report examining the firm's own diversity, equity and inclusion statistics, as well as mapping out its diversity initiatives moving forward.