Students Clueless on What a CPA Does

How well do you think high school and college students know what a CPA does? Here are some alarming statistics!

More than one-third of high school and college students don't know what CPAs do for a living, according to a recent study conducted by the Taylor Research and Consulting Group.

The students weren't told that CPA stands for Certified Public Accountant. When students were asked, "What do CPAs do?," their answers included:

  • "Don't know:" 35 percent (high school), 37 percent (college);

  • "Handle money:" 25 percent (high school), 14 percent (college);

  • "Tax preparation:" 18 percent (high school), 31 percent (college); and

  • "Other:" 22 percent (high school), 18 percent (college).

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Upcoming CPE Webinars

Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
May 1
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.