Accounting For the Future:

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Accounting For the Future

• Evaluating the Future of Our Profession
• Presented by
• Priya Pai
• Donovan Scott

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Why was AFF Created?

• Taylor Report released in July 2000
• Supply of Accounting Majors decreased
• High School Students interested in Accounting
  decreased
• Recent scandals and Negative perceptions about
  Accountants
• Expected pronouncements from the PCAOB will lead
  to increase in the demand for Accountants

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Main Focus of AFF

• Informing High Schools Students of the Accounting
  Profession
• Highlight recent developments
• Program created to rectify the following
• Misinformation and Ignorance
• Negative Student Perceptions

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A Key Contributor

• Indiana CPA Society
• Key Contact Program
• Internship for BAP Members
• BAP Interns developed presentation materials for
  Key Contact Program
• Opportunity to structure AFF program to develop
  and enhance Program

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Key Contact Program

• Mission Statement
• To develop relationships between state CPA
  Society members and high school faculty that
  enables volunteer contacts (AFF) to visit high
  schools and encourage exploration of the
  accounting profession.
• Presentations
• Specific ways to dispel misconceptions
• Takin Care of Business Video
• Various levels of Accounting displayed
• CPAs Presentation
• Formal, discuss career aspects and opportunities
  after College

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INCPAS Student Surveys

• 150 Students
• Conducted to learn what impacts HS students
  during a career presentation
• Questions
• What kind of presentation is best for a high
  school class?
• What type of presenter connects with students the
  best?
• What information do you like to hear regarding a
  career?

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Results
8
Results
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Results
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Our Primary Focus

• Improve the Reputation of Accounting
• Build Understanding of the Accounting Profession
• Facilitate the Growth of Future CPAs

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Presentations

• Primary Focus In Past
• Key to the Success of Accounting For the Future
• Chance to Build Enthusiasm and Interest in
  Accounting

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Annual Case Competition

• Build Enthusiasm Through Hands-on Experience
• Designed for Every Level
• See Where Accounting Fits Into a Business
• Opportunity for AFF to Identify and Encourage
  Future CPAs
• Format
• Assigned Mentor
• Classes Hosted By IU Faculty
• Building on Overall Business Knowledge

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Shadowing Program

• Shadowing Opportunities
• Campus Visit
• One-on-One Mentoring
• Pairing with CPA
• Enhanced Member Participation
• Online Schedule and Sign-Up Capabilities