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).
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.