LGBTQIA employees leaving accounting profession
Nearly one in five accountants identifying as LGBTQIA (lesbian, gay, bisexual, transgender, queer/questioning, intersex and asexual) left the profession because of a lack of diversity, equitable treatment or inclusion, according to a recent US study. The study, published in February 2021 by the Institute of Management Accountants and the California Society of CPAs, also found that 43% to 55% of female, non-white, Hispanic, Latino and LGBTQIA respondents have left a company due to a perceived lack of equitable treatment. The researchers make suggestions on ways accounting firms can improve workplace diversity and promote greater tolerance and acceptance for LGBTQIA members of the profession.
Meet the first Black CPA Ph.Ds
The stories of William Louis Campfield and Larzette Hale, who were among the first Black accountants to earn Ph.Ds in accounting in the US. The first Black Certified Public Accountant (CPA) Ph.Ds, and the professors they mentored or inspired, have played an important role in attracting generations of ambitious Black students to the accounting profession.
UK failing on diversity, female financiers, reports say
Smaller companies in Britain's FTSE All-Share Index are lagging behind their larger peers when it comes to having diverse representation on their boards, according to a report by Women on Boards UK. More than half of the companies in the FTSE All-Share Index excluding the top 350 firms had all-male executive leadership teams as of the end of last year, compared with 8% of FTSE 350 companies, the report says.
Job sharing can help keep women in senior roles
Could job sharing help make work, and pay, more equal for women in senior professional roles? Camille Howard takes a look at ways to make job sharing and other flexible roles work well, using accountancy firms as an example.
Meet the first Black woman CPA
Mary T. Washington Wylie broke a major barrier in the accounting profession in 1943, becoming the first Black woman in the US to earn the Certified Public Accountant (CPA) license. The article tells her story, which illustrates the importance of early Black CPAs' success and the advances they made for future generations of accountants.
Want progress on diversity? Link it to pay
More big businesses are linking executive bonuses to improvements in racial and gender diversity. Will pay motivate leaders to make steps forward in workplace equality? Phil Wahba looks at examples including goals used by Nike and Microsoft.
How to build a more diverse, inclusive accounting firm
Advice on improving diversity, equity and inclusion in an accounting firm, including creating a public diversity statement, running unconscious bias training and providing mentorship opportunities.
A profession reflecting life: Bringing diversity, equity and inclusion to the accounting world
Select findings from a recent joint research paper into diversifying US accounting talent are presented, including key diversity statistics for US accounting and finance professionals.
Closing the diversity gap
A comprehensive study finds that greater equity and inclusion are needed to close a workplace diversity gap within the US accounting profession, particularly at leadership levels. The diversity progress made more broadly across the profession doesn't yet manifest at senior levels, where more than 90% of the profession's executive leadership are white. LGBTQIA people are also underrepresented in senior leadership roles.
Class, the forgotten element of diversity
Article discusses social class disadvantage and how it should be treated as important as gender or race. It is also reported that GDP is higher per capita in countries where more managers come from lower social-class origins.