Dr. Linda Hall (left) and Dr. Mark Nickerson
School of Business faculty are co-authors of the journal article “Teaching PFAS Under the New CPA Model Curriculum.”
The article, by Assistant Professor Mark Nickerson, CPA/PFS, CMA, and Professor Linda Hall, CPA, will be published in the December 2024 edition of the Business Education Innovation Journal.
The double-blind peer reviewed journal listed in Cabell's Journalytics publishes academically written articles selected by academic reviewers. Criteria for publication acceptance include a topic that describes innovative teaching and learning methods, high caliber articulation in a well-composed English language article and judged of value to this field of research.
The paper focuses on the fact that under the new American Institute of Certified Public Accountants (AICPA) and National Association of State Boards of Accountancy (NASBA) Certified Public Accountant (CPA) Evolution Model Curriculum, students seeking to take the Tax Compliance and Planning (TCP) section of the uniform CPA exam will be evaluated heavily on Tax Compliance and Planning for Individuals and Personal Financial Planning.
While some undergraduate and graduate finance curricula include personal financial planning, most accounting curricula do not. When modifying their accounting curricula to meet the new CPA exam specifications, universities must address how to cover and deliver new content areas.
As many accounting instructors may have never focused on personal finance or financial planning, this may be a new and unfamiliar area for them. The paper aims to describe the proposed learning objectives of the course in Personal Financial Advisory Services (PFAS) recommended by the AICPA-NASBA CPA Evolution Model Curriculum.
In addition, the paper provides current accounting instructors with the best pedagogy for delivering such courses based on prior research. It also provides accounting faculty with recommended resources to assist with curriculum development.
