Campus Advocate Winter 2019: A Newsletter for South Carolina’s Higher Education Professionals

Happy New Year from your friends at the South Carolina Association of CPAs! As you start the new year keep in mind that while SCACPA’s main goals revolve around supporting professional CPAs, we also work to advance the overall profession which means supporting those who are considering entering the profession—students–as well as those who are encouraging and teaching tomorrow’s CPA leaders—you, the educators.

The articles below are intended to inform you of changes that may affect how you educate tomorrow’s leaders as well as for you to share with your students for their benefit. So read, share and empower—and remember SCACPA is here to help you along the way.

Show Me The (Scholarship) Money!

Did you know SCACPA awarded more than $40,000 in student scholarships last year? We have ample opportunities for qualified accounting students to receive financial help. These awards are intended for juniors, seniors and graduate students. Scholarship amounts usually range from $500 to $2,500 and one student can receive multiple scholarships. For more information to share with your students, click here.

AICPA/SCACPA Minority Scholarship

The AICPA annually awards more than 100 academic scholarships totaling over $400,000 through its AICPA Legacy Scholars Program. AICPA also partners with SCACPA to provide multiple scholarships that total $10,000. Applicants must attend or plan to attend an AACSB/ACBSP accredited college or university or pursue a degree in accounting or related field, plan on pursuing a CPA licensure after graduation and have a GPA of 3.0 or higher. Applications are due March 1. Click here to apply.

Education Changes at the SCBOA

SCACPA is working with key decision-makers at the Board of Accountancy and other agencies to address educational issues and regulations that directly affect South Carolina CPAs and the requirements necessary to earn a CPA license in South Carolina. Our purpose in these discussions is to gain the BOA’s guidance in finding correct procedures, especially as to how we interpret the ways various policies align with the State Code.

Read more about these proposed regulations and changes and SCACPA’s efforts here.

2019-2020 Firm Guide

One of our goals at the South Carolina Association of CPAs is to better prepare young people for careers in the accounting field. We have many initiatives to support this, and this year we are excited to be creating our second Firm Guide for Students—an informative resource with information on internships, hiring practices, firm benefits and exam changes.

The guide also allows South Carolina’s colleges and universities the opportunity to showcase your graduate program offerings in accounting and/or business. Please contact SCACPA’s Marketing Coordinator Janet Jones Kendall, at jkendall@scacpa.org or call 803.791.4181 for more information or to be included in this important resource for students.

Become a Campus Champion and Get FREE SCACPA Membership

Through SCACPA’s Campus Champions program, college professors across the state promote SCACPA, SCACPA membership and the CPA profession to their students and allow SCACPA to attend a student event/class where we may do the same. In exchange, the professors are granted free SCACPA membership—a $799 value! Interested? Contact us today at 803-791-4181 or communications@scacpa.org to learn how you, too, can become a SCACPA Campus Champion.

South Carolina Association of Accounting Educator’s Conference

Join Accounting educators from around the state at the South Carolina Association of Accounting Educator’s Conference on March 1-2 in Conway. This conference is a great venue for educators to discuss ideas and information that will strengthen our accounting students and therefore the future of accounting in South Carolina. Three major takeaways will be classroom updates, the future for accounting graduates and networking with other accounting professors.  Click here to register.

The Evolution of the CPA

Technological advancements and ever-changing client demands have encouraged a working group formed by the National Association of State Boards of Accountancy and the AICPA to explore changes to CPA licensure requirements that would “incorporate the skills and competencies in areas such as technology and data analytics that increasingly are needed in practice and business.” Read more here.

Did You Know?

Were you aware that SCACPA provides professional CPAs and experts on legislative issues as speakers to student groups, educators and professionals? Interested? Call 803.791.4181 or email us at communications@scacpa.org and get a SCACPA expert on your event calendar.