National Society of Black CPAs (NSBCPA)

National Society of Black CPAs (NSBCPA)

Accounting

Chicago, IL 3,925 followers

Increasing the Number of Black CPAs

About us

The mission of the National Society of Black Certified Public Accountants, Inc. ("NSBCPA") is to increase the number of Black CPAs by providing the most relevant knowledge, resources, and advocacy; and to promote cultural competence, diversity, and inclusion within the profession.

Website
http://www.nsbcpa.org
Industry
Accounting
Company size
11-50 employees
Headquarters
Chicago, IL
Type
Nonprofit
Founded
2020

Locations

Updates

  • National Society of Black CPAs (NSBCPA) reposted this

    View profile for Okorie Ramsey, CPA, CGMA, PMP, NACD.DC, graphic

    Immediate Past AICPA and Association Chair I 2023 - 2024 AICPA & Association Chair I Finance Executive I SOX Leader I Global Board Member I CPA/CGMA I Value Creator l Qualified Financial Expert

    Wow! Module 5 of the AICPA & CIMA Executive Leadership Discussion - Enabling Equity, Inclusion and Belonging with Crystal Cooke, Steven Harris, Herschel Frierson, Kimberly N. Ellison-Taylor and me just launched. In this conversation, we explore the Pipeline & NPAG Solution - Time and Cost of Education. This was a deep conversation incorporating a focus on education hours, competency, salaries, experience and more. So much to unpack and explore during this brief and informative segment. Enjoy and join the conversation. Next up: Pipeline and NPAG Solution - Make the Academic Experience More Engaging.

  • National Society of Black CPAs (NSBCPA) reposted this

    View profile for Okorie Ramsey, CPA, CGMA, PMP, NACD.DC, graphic

    Immediate Past AICPA and Association Chair I 2023 - 2024 AICPA & Association Chair I Finance Executive I SOX Leader I Global Board Member I CPA/CGMA I Value Creator l Qualified Financial Expert

    Accelerated/Accounting Career Awareness Program (ACAP) at Howard University School of Business The George S. Willie ACAP at Howard University just wrapped with approximately 60 outstanding students participating from across the country. The students were treated to an introduction to the accounting and finance profession through a series of engaging workshops and a group case competition on the premier HBCU campus of Howard University. Some of the presentations and events included: - Forensic Accounting with the Federal Bureau of Investigation (FBI) and the Internal Revenue Service - Careers in Internal Audit with the The Institute of Internal Auditors Inc. - Resume Building and Personal Branding with GRF CPAs & Advisors - Tax with CohnReznick LLP - Mental Health with Crowe - Navigating College & Life as a Student Athlete with Withum - Meet and Greet with Guylaine Saint Juste, NABA INC. CEO - A visit to the Smithsonian's National Museum of African American History and Culture - Deloitte Office Visit - A Conversation with (The Man), Sir. George S. Willie, Managing Partner, Bert Smith & Co. And I had the honor of serving as the Keynote Speaker to close the program as Immediate Past Chairman of the AICPA and Association of International Certified Professional Accountants This was an amazing week under the leadership of Jean T. Wells, Esq., CPA. I congratulate these amazing students on investing in themselves and their futures over the summer as well as their parents. I thank the outstanding organizations and firms for the investment of time, talent and treasure to support and grow the pipeline of our profession. I thank the administration, faculty, staff and students at Howard University for showcasing college life the HBCU way and creating an amazing experience for the students that I am sure will be life changing. Lastly, but definitely not least, thank you to Aaron Slaughter, CPA, Monica B. and Daniel T. Watford for serving as the case competition judges. Well done.

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      3
  • Is there anything more debated than the 150 hour rule when you get CPAs together?

    View profile for Blake Oliver, CPA, graphic
    Blake Oliver, CPA Blake Oliver, CPA is an Influencer

    Host of The Accounting Podcast, The Most Popular Podcast for Accountants | Creator of Earmark Where Accountants Earn Free CPE Anytime, Anywhere

    In his farewell tour, outgoing AICPA CEO Barry Melancon is defending the 150-hour rule. He claims the extra year of schooling has "elevated" the profession, creating smarter, savvier CPAs. But has it really? MIT Sloan researchers found no measurable difference in CPA quality due to the fifth year. Zero. Zilch. Nada. Instead, the only impact has been a nosedive in the number of CPAs. Non-minority CPAs decreased by 14%, while some minority groups plummeted by a staggering 26%. Here's the truth: Melancon's accomplishment was to grow the AICPA, not the profession. And boy, did he succeed. Under his watch, the AICPA has become a cash cow. But at what cost? CPA salaries have stagnated, while the AICPA actively works to keep those salaries low by promoting offshoring and automation. While big firms have become more profitable than ever, Individual CPAs are worse off than they were in 1980 when you adjust what they get paid for inflation. Melancon dismisses the CPA decline as a COVID blip, but this trend has been brewing for over a decade. His legacy? The 300,000 people who jumped ship during his tenure. Sure, he grew the AICPA. But it's been at the expense of the average accountant, making it harder than ever to attract fresh talent. It's time for the AICPA to start prioritizing its members over its own growth. The 150-hour rule may have had its day, but that day has passed. We need bold leaders willing to make tough changes to secure a thriving future for CPAs. But hey, that's just my two cents. What do you think? Is the 150-hour rule helping or hurting the profession? Let me know in the comments. 👇 For more accounting news and analysis, subscribe to The Accounting Podcast, the most popular podcast for accountants in the world.

  • National Society of Black CPAs (NSBCPA) reposted this

    View profile for Okorie Ramsey, CPA, CGMA, PMP, NACD.DC, graphic

    Immediate Past AICPA and Association Chair I 2023 - 2024 AICPA & Association Chair I Finance Executive I SOX Leader I Global Board Member I CPA/CGMA I Value Creator l Qualified Financial Expert

    This one is special..... Earlier this year, I reached out to a few good friends in the profession for a discussion on equity, inclusion and belonging specifically on growing the pool of African American/Black students and college graduates entering the accounting and finance profession. All of them answered the call. Many of us within the profession are working to grow the pipeline broadly. During this series, I wanted to spend focused time on the challenge specific to African American/Black students and professionals, because the numbers are dramatically unrepresented within the profession. During the first four modules, I am joined by Herschel Frierson, Steven Harris, Kimberly N. Ellison-Taylor and Crystal Cooke for introductions, our stories, key takeaways for the series and pipeline solutions. Upon watching the first four of the series, you will find something for everyone. I hope you will watch, enjoy and join the conversation. Thank you Crystal, Herschel, Steven and Kimberly for honest, deep, rich and though-provoking discussions. I hope you are as proud as I am of the result. Thank you Barry Melancon, CPA, CGMA and Susan S. Coffey, CPA, CGMA for your constant support and partnership on this vision and making it a reality. Look for the launch of Modules 5 - 12 in coming weeks, on every other Sunday. https://lnkd.in/g-gt7Rk8

  • If your students are preparing to sit for BEC, this is an opportunity for them to dive into specific practice questions, hear from one of the industry’s most recognized CPA instructors, and learn tips to pass before the 2024 changes begin and BEC is no longer available. 

    View profile for Felicia C. Farrar, MBA, CFE, CPA, Ph.D., NACD.DC, graphic

    GLOBAL FINANCE LEADER | CERTIFIED BOARD CANDIDATE|FINANCIAL EXPERT ►International Accounting and Tax ►Auditing ►Corporate Tax ►Risk Management ►Strategic Planning

    National Society of Black CPAs (NSBCPA) is laser focus on increasing the number of Black CPAs; therefore we are advocating passing at least the Business Environment Concepts (BEC) section of the CPA exam in 2023 before the 2024 changes. Join this live webinar and let's get BEC passed in 2023.

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