A Howard University professor argues there should be an increased commitment to diversity in the accounting profession.
Frank K. Ross, director of the Howard University Center for Accounting Education, called for increased efforts at recruitment, retention and leadership development, in a new position paper, “Staying the Course on Diversity: Making a Commitment to Build a Stronger Accounting Profession.” Ross noted that despite four decades of effort and significant progress, accounting still trails other professions, and many large businesses, in minority representation. According to the AICPA’s most recent study, minorities currently hold only 5 percent of partnership positions at the largest firms, and only one percent of partners are African-American.
Frank K. Ross
One reason for this, many scholars and practitioners believe, is that although institutional barriers have fallen, minorities continue to face subtle, but real, career barriers.
Professor Ross, who served at a Big Four firm for nearly 40 years, offers a number of steps the profession must take, including:
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