Pennsylvania CPA Foundation

2022-2023 Annual Report

2022-2023 Foundation Annual Report

Ensuring the long-term success of the profession

The Pennsylvania CPA Foundation is dedicated to fostering the growth and development of aspiring accountants by offering a wide range of initiatives to expand opportunities and provide comprehensive support. By offering financial support to students, focusing on advocacy and partnering with industry leaders and organizations, we can continue to nurture a robust accounting pipeline and empower future CPAs.

Celebrate last year's wins with us!

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2022 - 2023 Highlights

  • 1,000 attendees at in-person events
  • 66,000 visits to the Future CPAs section of the website
  • 3,300+total student members
  • $186,00+ awarded in scholarships
  • 1,000+ individual donors, 18 major donors, 31 corporate sponsors
  • $280,000 raised!
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Current State of the Pipeline in Pennsylvania

  • Population trends showing fewer new candidates in target age brackets
  • National and statewide enrollments are down
  • Number of candidates passing the CPA Exam trending down
  • More nonaccounting degree graduates being hired into accounting/finance functions at firms
  • More work to be done to move the needle on diversity in new hires
Learn more about the national pipeline in the AICPA 2021 Trends Report.

Ways You and Your Firm/Company Can Positively Impact the Pipeline

  1. Get into high schools and colleges consistently through programs such as Accounting Career Days & other in person/virtual opportunities to connect with students.

  2. Support CPA candidates by offering incentives such as bonuses, cohorts, mentors, paid study materials and time, etc.

  3. Recruit differently, including HBCUs and MSIs programs.

  4. Create meaningful engagement with university advisory boards. 

  5. Become an employer of choice. 

  6. Update your talking points to highlight accounting as a dynamic & tech driven field with immense community impact

  7. Support the Pennsylvania CPA Foundation!

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Hear from a previous scholarship recipient, Breana Liberoni.

Look back at prior years...

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