From www.cfo.com: (US context) Changes to CPA licensure requirements, particularly the potential removal of the 150-hour education mandate, are intended to address talent shortages in the accounting profession.

Experts highlight the need for improved communication between accounting firms and students. Adapting curricula and mentoring approaches are factors in attracting new talent.

There are also concerns that simplifying credentialing could lower standards and negatively impact the CPA exam pass rates.