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AI Rewrite this AI: The AICPA report highlights a decline in accounting graduates for the 2021-22 academic year, with decreases in both bachelor's and master's

AI Rewrite this AI: The AICPA report highlights a decline in accounting graduates for the 2021-22 academic year, with decreases in both bachelor's and master's degree earners. However, enrollment projections for the current academic year show positive trends, with many university programs expecting stable or increased enrollment. Despite this decline, accounting firms express optimism regarding their hiring prospects for recent graduates and changes in the number of CPA Exam candidates. Furthermore, it outlines ongoing efforts to address talent shortages in the accounting profession through initiatives like the Pipeline Acceleration Plan and the Registered Apprenticeship for Finance Business Partners.

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