I discussed the subject of Lou Grumet’s August column (“Bridging the Education Gap”) with several other CPAs in our firm. We, too, feel the education gap is a major area of concern. We concluded there is no simple solution to this issue, especially because educators already devote a great deal of time to educating themselves and students, and they’ve elected for their own reasons not to be in public or private accounting.
I would be interested and willing to participate in a forum on this important subject if the NYSSCPA holds one. We think that chairpersons from the New York State colleges and universities that have accounting programs should be invited as well, plus CPAs from public and private accounting from all levels (not just partners).
We would also like to propose that professors be required to attend (and encouraged to participate in) 16 hours per year of CPE in courses related to the area of accounting or business that the professor teaches.
Terry W. McCarthy, CPA
Syracuse, N.Y.
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