AICPA Accounting Competition Challenges Students to Solve U.S. Fiscal Issues

August 21, 2012 /

Registration opens for the 2012 AICPA Accounting Competition. This year’s competition challenges students to solve some of the most pressing financial issues facing the United States while considering what it takes to get politicians elected. Students competing in the first round have until October 1 to present their best ideas on Social Security, the national deficit, and taxes in 1,000 words or less.

“This year’s competition gives students a chance to think strategically and develop creative solutions to financial issues that are in the national spotlight right now, said Rebecca Mahler, AICPA manager of Career Research & Student Organizational Partnerships “We’re challenging students to address these issues in a way that a would-be president candidate – and ultimately the general public – would be responsive to, and that is no easy task.”

The top three teams and their Advisors will receive a trip package to Washington, D.C., to present their case to an executive panel of judges. There, they will compete for the top award of $10,000. Second place will receive $5,000, and the third-place team will receive $2,500.

“The AICPA Competition is all about working as a team and using your critical thinking, research, writing, and presentation skills, said Alan Perry, a senior at North Carolina State University and captain of last year’s winning team. “My teammates and I gained a lot of practical experience and improved in all of those skill areas with each round of the competition. It was a great way to learn about different career paths and what kind of a career I was seeking.”

All team rosters and first round submissions must be received no later than 11:59 a.m. ET on October 1, 2012 at Teams must be comprised of four undergraduate students (attending a 2-year or 4-year degree institution). Two team members must be declared accounting-related majors, one of which must serve as Team Captain.

The two remaining members may come from any discipline. Each team may also elect to have an Advisor who can be either a full-time faculty member or graduate student at a 2-year or 4-year degree institution.
First round submissions will be evaluated to determine the 20 Semi-finalists who will compete for those three coveted finalist spots.


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