Lawmakers introduce bill to make accounting part of STEM education

Congress introduced bipartisan legislation Friday to recognize accounting as part of the STEM programs in schools, as part of the science, technology, engineering and mathematics curricula.

Rep. Victoria Spartz, R-Indiana, and Haley Stevens, D-Michigan, introduced the Accounting STEM Pursuit Act, which would amend the Student Support and Academic Enrichment Grant program to promote career awareness in accounting as part of a well-rounded STEM educational experience. The bill aims to help establish the accounting profession as a valuable STEM career pathway and encourage diversity in the future of the accounting workforce.

The bill comes at a time when the accounting profession, like many sectors of the economy, is finding itself with a shortage of talent to fill the available jobs. While the problem has been exacerbated since the COVID-19 pandemic in many sectors, the accounting profession has long faced such a shortage. Groups like the American Institute of CPAs, the

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