Podcst on Black CPA's and Equity and Community

profilehhuegi
Pleaseanswerthistowquestions.docx

Please answer this tow questions :

Podcast on Black CPAs to listen to for final Documentary assignmentURL

1.  What surprised you the most about the information you learned in the podcast?  (100 words or fewer)

2.  What additional questions would you have asked had you been the reporter?  (200 words or fewer)

https://db0ip7zd23b50.cloudfront.net/dims4/default/e34447a/2147483647/crop/1197x460%2B0%2B47/resize/959x369%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Fb4%2F19%2Fcaa5fdbd4dbabab4c11182ccd446%2Ftc-tax-podcast-1200x628.png

Daily Tax Report ®

https://db0ip7zd23b50.cloudfront.net/dims4/default/e34447a/2147483647/crop/1197x460%2B0%2B47/resize/959x369%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Fb4%2F19%2Fcaa5fdbd4dbabab4c11182ccd446%2Ftc-tax-podcast-1200x628.png

Black CPAs Are a Rarity, and That’s No Coincidence (Podcast)

July 31, 2020, 1:46 AM

Listen

Black people are hugely underrepresented in the accounting profession, with some estimates putting the share of CPAs who are African American at less than one percent.

A long and ugly history of racist hiring practices at accounting firms has a lot to do with this, but so do current CPA license requirements, according to Theresa Hammond, professor at San Francisco State University’s College of Business. She says aspiring CPAs must take an additional two to three extra semesters of coursework after graduation, which can put people from low-income backgrounds, who may need to start earning income right away, at a disadvantage.

On this episode of our podcast Talking Tax, host Amanda Iacone speaks with Hammond about her research into why the accounting field still struggles with diversity. She’s joined by Shannon Nash, chair of the National Society of Black CPAs, who talks about her efforts to reform the way CPA licenses are awarded and change the way the African American community views accounting as a profession.

To contact the reporter on this story: David Schultz in Washington at [email protected]

To contact the editors responsible for this story: Rachael Daigle at [email protected]; Yuri Nagano at [email protected]

To read more articles log in. To learn more about a subscription click here.

avid Schultz

David Schultz

Audio Producer

Related Articles

Documentary Spotlights Audit Careers as Sector Seeks Diversity

June 5, 2020, 10:24 AM

Topics

· accounting for income tax

· hiring

More from Bloomberg Tax

Latest Stories in Daily Tax Report ®

Government Refutes FedEx’s Challenge to Tax Credit Rules

Rules restricting foreign tax credit claims that cost FedEx Corp. $89 million are valid, the government said in a court filing.

New Jersey Legal Pot Hits Even More Delays (Correct)

New Jersey’s long-delayed effort to legalize recreational marijuana has veered again into chaos, despite voter approval and a pause on pot prosecutions that has left some offenders in limbo.

G-7 Leaders Pledge Continued Fiscal Support for Economies (4)

Leaders of the Group of Seven industrialized nations pledged during a call on Friday to sustain government spending to help economies recover from the coronavirus pandemic as they attempted to start a new chapter in multilateral cooperation.

Most Read Stories in Daily Tax Report ®

https://db0ip7zd23b50.cloudfront.net/dims4/default/fe56c03/2147483647/legacy_thumbnail/347x187%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F37%2F4a%2Fc812d8284a3cb6f34879714b8850%2Fstatevirusdownload-2.png

Taxpayers Cashing Relief Checks From Unexpected State Bounties

States from California to Maryland are using revenue coming in higher than expected in this Covid economy to fuel their own relief efforts in the absence of more federal aid.

Software Industry in Brazil Gets Boost From Top Court Vote

Software programs should be taxed as a service rather than at a higher rate as a physical good, a majority of justices on Brazil’s Federal Supreme Court said Thursday.

Philippine SEC Releases Draft Rules for Law on Bad Assets Sale

Philippines’ SEC seeks comments on draft of implementing rules and regulations that will operationalize the newly signed law that grants tax incentives when financial institutions sell non-performing assets.

TOP

PREVIOUS STORY

CORPORATE TAX CHAT WITH PETE ISBERG OF ADP

NEXT STORY

BUSINESS TAX BREAKS COULD MOVE FAST IF BIG TICKET ITEMS RESOLVED

MORE INFORMATION

· Do Not Sell My Info (CA)

· About Us

· Contact Us

· pro.bloomberglaw.com

Daily Tax Report ®

24/7 BLAW® Help Desk 888.560.2529 [email protected]