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Today in Finance for May 9, 2008

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Accounting Grads Flood the Job Market

(continued)

However, the sharp decline may be a simple accounting error. The AICPA explains that prior to 2004, when the paper-and-pencil test was administered, candidates who took the exam in both May and November were counted twice. But the double-booking was eliminated when the computerized format was introduced. Each candidate is counted only once per year now. So, it is likely that while the number of CPA candidates may have decreased over the last few years, the decline is much less pronounced than the survey indicates.


Reader CommentsDisplaying 3 of 5

  • Marie Leone

    May 23, 2008 11:19 AM ET

    Salary Correction

    Mr. Van Loon is correct -- young accountants are paid well, but are bested by a few other young guns. Thanks for … more

  • Kevin Van Loo

    May 23, 2008 10:01 AM ET

    Starting Salaries

    The article is incorrect in saying that Accounting Services salaries are second only to Engineering Services. If you … more

  • Jason Clark

    May 9, 2008 11:47 AM ET

    pass rate statistics

    To answer someone's question, see below URL with CPA exam pass stats. Pass rate actually going up. Personally, I … more

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