Applications Open for AICPA Diversity Scholarship and Internship
The American Institute of CPAs (AICPA) is now accepting applications for the Private Companies Practice Section (PCPS) George Willie Ethnically Diverse Student Scholarship and Internship program.
The George Willie program provides a scholarship and internship to 10 ethnic minority accounting students who intend to pursue their CPA licensure. The AICPA doubled the number of scholarships and internships available in 2021. The program provides 10 students up to $10,000 each with their final academic year tuition, while 10 PCPS member firms each sponsor a student for an internship during the 2022 busy season (January to April).
The participating member firms are:
- Abdo, Eick & Meyers, Edina/Minneapolis and Mankato, MN
- Anders CPA, St. Louis, MO
- Bowman & Company, Voorhees Township, NJ
- Dean Dorton, Lexington, KY
- Gumbiner Savett Inc., Santa Monica, CA
- King & Oliason, Seattle, WA
- Krost CPAs, Pasadena, CA
- Moss Adams, Seattle, WA
- O'Connor & Drew P.C., Braintree, MA
- SobelCo, Livingston, NJ
“The George Willie program is a great opportunity for students to gain an understanding of the skills and knowledge they’ll need in a career as a CPA,” said Carl Peterson, CPA, CGMA, Association International of Certified Professional Accountants’ vice president of small firm interests. “These internships also allow the firms an opportunity to diversify their recruiting efforts and attract talented accounting students.”
This program was created in honor of George Willie, CPA, CGMA, a former chair of AICPA’s PCPS Executive Committee and the AICPA Minority Initiatives Committee. During his more than 35-year career, Willie has promoted the benefits of a career in accounting to students and young professionals in pursuit of the CPA license.
The Willie program is open to racial and ethnic minority students pursuing an undergraduate or graduate degree in accounting or an accounting-related major Applicants also must plan to sit for the CPA exam. Full eligibility requirements and selection criteria are available online.
“The AICPA is committed to bolstering diversity and inclusivity in the profession, and this is a great vehicle for doing that,” said Shelly Frazier, CPA, senior manager of Diversity and Inclusion. “Not only does the program help minority students complete their accounting education, but it connects students and firms, offering the potential to build life-long careers.”
This program is one of ways the AICPA is working to broaden the pipeline of talent entering the profession. The U.S. census projects that minorities will comprise the majority of the population in the U.S. by 2045. A more diverse and inclusive profession will be better equipped to address the shifts in entrepreneurial capital that will result from these changing demographics. And studies have shown that businesses that are more diverse perform better than their peers.
Students interested in the program can visit aicpa.org/pcpsscholarship for more information. Applications are currently open, with a deadline of April 16, 2021.