Technological Impact on Accounting Education and Workforce Retention

Dr. Mfon Akpan, Assistant Professor of Accounting at Methodist University joins Blake and David for a conversation on the impact of AI on accounting education, the challenges faced by accounting graduates entering the workforce, and the future of the CPA profession. Dr. Akpan shares his insights on incorporating AI into the classroom and the importance of lifelong learning in the rapidly evolving world of technology.

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• (01:43) - AI in Accounting Education
• (02:49) - Prompting Techniques for AI
• (04:36) - Practical Applications of AI in Accounting
• (05:52) - Challenges and Benefits of AI in Education
• (07:00) - Incorporating AI into Accounting Curriculum
• (15:07) - Debate on Accounting Education and Skills Gap
• (23:51) - The 5th-Year Requirement for CPAs
• (35:01) - The Value of Personal Interaction in Education
• (35:42) - The Importance of Smaller Class Sizes
• (37:33) - The Role of AI in Education
• (41:29) - Improving Salaries in the Accounting Profession
• (43:09) - The Impact of Technology on Accounting Jobs
• (43:55) - Balancing Work and Life in Accounting
• (56:26) - The Future of Accounting Education
• (01:00:27) - Embracing AI in Accounting
• (01:03:30) - Final Thoughts and Conclusion

Meet our Guest, Dr. Mfon Akpan
Website: https://mfonakpan.com/
LinkedIn: https://www.linkedin.com/in/drmfonakpan/

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Transcripts

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page