Staff shortages at US accounting firms are stoking a rebel movement to relax education requirements for joining the profession, in the teeth of opposition from national leaders.
The escalating dispute could come to a head in the next few months, as accountancy representatives in South Carolina join Minnesota in pushing state legislators to embrace alternatives to the “150-hour” rule. This mandates the equivalent of a fifth year of higher education on top of the standard four-year, 120-hour undergraduate course.
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