In an op-ed featured in Binje.com, New Jersey Society of CPAs CEO Aiysha "AJ" Johnson makes the case that the study of accounting should be designated as a STEM discipline.
“At the state level, the STEM recognition would qualify accounting for various loan redemption and workforce development programs through New Jersey’s Higher Education Student Assistance Authority,” Johnson wrote.
“A STEM designation would boost the visibility of accounting programs and careers, attracting students who might not have considered accounting otherwise. It also encourages more young professionals who are more technologically focused to join the profession,” Johnson added.
Johnson gave a myriad of reasons justifying accounting for a STEM designation, including the fact that accounting and finance professionals increasingly have come to rely on integrating technology and data analysis; artificial intelligence augments their capabilities; universities routinely incorporate more data analysis in their accounting programs; and accounting students are required to take courses involving cybersecurity practices, coding, specialized analytics, statistics and critical thinking.
NJCPA is urging support of bill A-4236 (Stanley, D-18; Morales, D-34), which would amend statutory law to include accounting as STEM and, therefore, be eligible for various state programs.
To read Johnson’s complete op-ed, go here.
