There's an accountant shortage. KPMG says the ‘150-hour rule' needs to go [Fortune]
Orangekloud Technology Inc. - Class A Ordinary Shares (ORKT)
Company Research
Source: Fortune
A first-generation college student and granddaughter of Mexican immigrants, she's now in her 28th year at KPMG. Previously the national managing partner of the firm's advisory business, she now serves as its vice chair of talent and culture. If she had needed an extra year of school just to get her CPA license , however, Torchia says she would have decided to avoid the profession altogether. “I can honestly say that if the 150-hour rule would have been in place when I was making a decision about what to study,” she recently told me, “I would not have been an accountant, and the reason is because it makes it less accessible.” As of 2015, all U.S. states require 150 semester hours of college education to become a CPA, versus the 120 hours typically needed for a bachelor's degree. That 30-hour difference effectively equates to two semesters' worth of classes. There has been a steady decline in students graduating with accounting degrees—and Torchia says the 150-hour barrier to entr
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ORKT
News
- Orangekloud Technology Appoints Mr. Toh Puay-Yong as Chief Financial OfficerGlobeNewswire
- Orangekloud Technology Inc. and Electronics Industries Training Centre (ELITC) Ink Partnership Agreement to Empower Workforce Skills Development and Digital Transformation in SingaporeGlobeNewswire
- Orangekloud Technology Signs S$1M Strategic Investment in Award-Winning Cybersecurity Firm, Evvo Labs [Yahoo! Finance]Yahoo! Finance
- Orangekloud Technology Signs S$1M Strategic Investment in Award-Winning Cybersecurity Firm, Evvo LabsGlobeNewswire
ORKT
Sec Filings
- 12/13/24 - Form 6-K
- 10/25/24 - Form 6-K
- 10/23/24 - Form 6-K
- ORKT's page on the SEC website