Keeping Our Word

Key points:

• The accounting profession made promises to improve diversity, equity, and inclusion (DEI) after the killing of George Floyd and the rise of the Black Lives Matter movement.
• There is concern that the profession is failing to fulfill its DEI promises and is not taking effective action to increase diversity.
• The author argues that the accounting profession must prioritize DEI and take meaningful and visible action to address the issue.
• There is a risk that a failure to fulfill DEI promises will harm the profession’s reputation and recruitment efforts.

The accounting profession made promises to improve diversity, equity, and inclusion (DEI) after the killing of George Floyd and the rise of the Black Lives Matter movement. However, there is concern that the profession is failing to fulfill its DEI promises and is not taking effective action to increase diversity. The author argues that the accounting profession must prioritize DEI and take meaningful and visible action to address the issue. There is a risk that a failure to fulfill DEI promises will harm the profession’s reputation and recruitment efforts.