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The AICPA & CIMA has registered over 100 apprentices in its Registered Apprenticeship for Finance Business Partners program within the inaugural year of the program. These apprentices represent 17 employers across 15 industries. The program aims to establish a pipeline of highly engaged candidates that allows employers to monitor and develop more skilled, diverse, and long-term employees.

The AICPA & CIMA are working to increase opportunities for students to have earlier options to benefit from an apprenticeship program. The program offers various benefits for both employers and apprentices, including career development, pipeline of talent, and expanded opportunities for learning.

The AICPA & CIMA Economic Outlook Survey found that business executives do not have a strong sense of where the economy is headed. The survey revealed that 24% of respondents expressed optimism about the outlook for the U.S. economy over the next 12 months, a drop of 5% from the previous quarter. Inflation emerged as the top concern, with only 27% dismissing the prospect of a recession next year.

The AICPA released guidance for CPAs to comply with state laws if there are changes to licensure requirements. The AICPA is defending the national licensing system, known as “CPA mobility,” and raising awareness about the stakes involved.

The AICPA announced the graduates of the AICPA Leadership Academy, a program designed to expose the next generation of CPAs to strong leadership and service. The program features career-development workshops and sessions with prominent leaders in the accounting profession.

NASBA and AICPA approved revisions to the Statement on Standards for Continuing Professional Education Programs, including additional options for virtual learning. The revisions are effective from January 1, 2024.

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