The Black CPA Centennial Fund introduced the launch of the Aspiring Black CPA Scholarship — a one-time, nationwide initiative that can present monetary assist for Black and African American accounting college students and professionals pursuing CPA licensure.

The Black CPA Centennial Fund raised almost $84,000 as a part of the 2021 Black CPA Centennial — the Illinois CPA Society’s year-long occasion honoring the 100th anniversary of John Cromwell, the nation’s first Black CPA — in assist of the scholarship.

Scholarships will present assist for CPA exam-related bills together with faculty tuition, classroom supplies, CPA examination prep programs, CPA examination software charges, and extra.

John W. Cromwell, the nation’s first Black CPA.

ICPAS

“Our intent is to assist pave the best way for extra Black people to pursue the CPA credential and reach a extra various and inclusive CPA occupation,” stated Todd Shapiro, president and CEO of the Illinois CPA Society, in an announcement. “To try this, we should assist these deserving college students and professionals by assembly them the place they’re. We’re empowered to assist as many people as potential by offering distinctive and significant monetary help to every recipient as they try to beat varied monetary obstacles throughout their pursuit of the coveted CPA credential.”

To be eligible for the scholarship, people should:

  • Determine as Black or African American;
  • Be a senior, graduate scholar, or skilled pursuing CPA licensure;
  • Intend to take a seat for the CPA examination inside one yr of making use of for the scholarship;
  • Haven’t already accomplished all 4 sections of the CPA examination;
  • Exhibit a dedication to the accounting/CPA occupation; and,
  • Exhibit fast monetary want associated to changing into a CPA.

People can apply by way of Might 1, 2022, on ICPAS’s web site right here.

See our different protection of the year-long Black CPA Centennial celebration:

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