The American Institute of Chartered Professional Accountants (AICPA) has issued its strong support for the Accounting STEM Pursuit Act of 2021.
The new act cultivates a strong link between the accountancy profession and other technology-focused industries.
Furthermore, it grounds the accounting profession as a STEM career pathway and supports long-standing efforts to create more diversity in the future accounting workforce.
The bipartisan legislation was introduced by Representatives Haley Stevens (D-MI) and Victoria Spartz (R-IN).
Susan Coffey, CEO of public accounting at AICPA, said: “The Accounting STEM Pursuit Act signals the importance of expanding the pipeline of a diverse accounting profession that supports industries across the United States.
“It also reinforces our digital-first efforts to educate, upskill and reskill the profession so the public’s, clients’ and employer’s needs are met.”
She added: “The Accounting STEM Pursuit Act will promote more diversity, equity and inclusion in the profession, a goal that we strongly support and that is needed as the profession continues to assist our country’s economic growth and protect its interests.”