Standing strong for Ohio’s CPAs

For over a century, the Ohio Society of CPAs has stood as a steadfast advocate for excellence in the CPA profession, empowering thousands of licensees across our great state. We continue that legacy today by addressing our field's most pressing challenges.  

Our latest legislative efforts are no exception. The proposals tackle real challenges head-on, paving the way for a stronger, more diverse CPA workforce while safeguarding the high standards that define Ohio’s CPAs.   

The Problem is Clear: The CPA Pipeline is Shrinking 

How do we solve it? 

1. Removing Unnecessary Barriers 

• Automatic mobility updates: Our proposal ensures qualified CPAs from out-of-state can work in Ohio seamlessly. This approach provides businesses access to top-tier talent while maintaining essential guardrails to protect current licensees. 

The call for automatic mobility is growing louder, with leading national firms recognizing its positive impact. As highlighted in a recent CFO Dive article, this initiative could open doors for CPAs nationwide, enhancing their careers and strengthening the profession. 

2. Modernizing Educational Pathways  

• Antiquated requirements are discouraging many promising candidates, especially from underrepresented groups, from pursuing a CPA license. By introducing alternative pathways to licensure, we aim to attract more talent while upholding the integrity of our profession.  

Research from the MIT Sloan School of Management and Journal of Accounting Research underscores this need: restrictive rules, such as the 150-hour requirement, have contributed to a 15% decline in first-time exam takers. This trend threatens the future of the CPA profession. A December 2024 report from the PCAOB spotlights this issue, finding that several audit firms indicated the talent shortage needs to be addressed and the 150-credit hour requirement has been a significant barrier to entry for new accountants. Our proposed changes address these challenges, fostering a vibrant and diverse pipeline for future CPAs.  

The Legislation is Gaining Momentum 

Our proposals are now part of active legislation moving through the Ohio General Assembly, with further consideration expected in the coming weeks. We will continue to keep you updated as the process continues.  

Why Local Solutions Matter: Protecting the Core of the CPA Profession 

State CPA organizations have never lost sight of protecting the profession’s core, even in an era of increasing risk and globalization.  

While we respect differing perspectives from our national partners, their proposed solutions do not fully address unique local workforce challenges. Expanding access to talent and ensuring workforce growth are critical to meeting the needs of our business communities sooner rather than later.  

By prioritizing locally focused solutions, we ensure that our regions remain leaders in advancing and protecting the CPA profession, aligning with the values of innovation and resilience that define our nation today.