AICPA awards more than $900,000 in scholarships to aspiring CPAs
NEW YORK (June 14, 2023) – The American Institute of CPAs (AICPA) Foundation awarded $970,000 in academic scholarships to 195 students for the 2023-2024 academic year through the AICPA Legacy Scholars Program.
The AICPA Foundation was established in 1922 to advance the science of accountancy and accounting education. For more than 100 years, the Foundation has focused on supporting the next generation of CPAs through accounting education and outreach, scholarships and fellowships, and diversity and inclusion.
“The AICPA is committed to enhancing and diversifying the pipeline of new students and Exam candidates entering the profession,” said Mike Decker, VP of CPA Examination and Pipeline at the AICPA. “Our Legacy Scholars Program provides talented students from a wide range of backgrounds with financial assistance to complete their education, along with resources and guidance to help them get started on their career path.”
The AICPA Legacy Scholars Program consists of five distinct scholarships:
The complete list of 2023-24 recipients can be found at ThisWaytoCPA.com/LegacyScholarships.
The AICPA Foundation also offers educational funding to CPAs pursuing accounting doctoral studies. The AICPA Fellowship for Minority Doctoral Students aims to foster racial and ethnic diversity and inclusiveness among accounting educators at colleges and universities. Additionally, the William (Bill) Ezzell Scholarship provides aid to Ph.D. candidates who demonstrate significant potential to become mentors for the next generation of CPAs. The 2023-2024 recipients of both programs will be announced later this year.
For more information about the AICPA Foundation and the support it provides to accounting students, view the Foundation’s annual report.
About the American Institute of CPAs
The American Institute of CPAs® (AICPA®) is the world’s largest member association representing the CPA profession, with more than 415,000 members in the United States and worldwide and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. AICPA sets ethical standards for its members and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state, and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, builds the pipeline of future talent and drives continuing education to advance the vitality, relevance, and quality of the profession.
About the AICPA Foundation
The AICPA Foundation was established in 1922 to advance accounting as a learned profession and promote its future. To encourage a wide range of talented and diverse students to pursue their CPA, the Foundation is committed to three main areas: accounting education and outreach, scholarships and fellowships, and diversity and inclusion. Within these areas of focus, the Foundation funds over $1.3 million in programming each year, provided in part by donations from individuals, state societies, accounting firms and others.