By Frank K. Ross, CPA
Most of the accounting profession recognizes the importance of attracting more Blacks to the field and helping them pass the CPA exam. Few, unfortunately, have a good track record in getting results. In 2002 and 2010, Blacks hired by CPA firms accounted for only 3 percent and 4 percent, respectively. Even slightly lower, the percentage of Black professional staff members of CPA firms was 2 percent in 2002 and 3 percent in 2010. As expected, this has resulted in the marginal representation of Blacks at the management level of CPA firms, with only 1 percent of Black partners in 2002 and less than 1 percent in 2010, according to the American Institute of CPAs.
I believe that this poor performance is due not to disinterest or resistance to the goal—as a whole, our profession means well and wants to do well—but we as a profession are struggling with fully understanding what works and what doesn’t.
