OSCPA Joins National Effort to Identify Accounting as a Profession

The OSCPA, alongside the AICPA and 50+ state CPA societies and jurisdictions nationwide, is urging the U.S. Department of Education to formally recognize accounting programs that lead to CPA licensure as “professional degree programs” under new federal student lending limits established by the One Big Beautiful Bill Act. OSCPA has officially signed on in support of the joint advocacy letter calling for this critical recognition.

While higher education reforms were included in H.R. 1, the Department of Education’s recently released proposed changes to the definition of professional degree programs did not include accounting. This omission could have serious implications for students pursuing an accounting degree and CPA certification, as the "professional degree" designation plays a key role in determining loan eligibility and financial aid access.

Accounting meets every standard of a professional degree. The path to CPA licensure requires rigorous education, successful completion of the CPA Exam, verified professional experience under employer supervision, and a lifelong commitment to ethics and continuing professional education. These requirements exist to protect the public interest and uphold the integrity of financial systems.

The need for strong financial support mechanisms is especially urgent as workforce demand for accountants continues to grow faster than the overall job market. Without proper recognition at the federal level, students may face unnecessary barriers to entering the profession at a time when communities, businesses, and governments increasingly rely on CPAs.

OSCPA remains fully committed to advancing the profession, protecting access to CPA licensure and ensuring Oklahoma students have the opportunity to pursue accounting careers without unnecessary financial barriers. We will continue working alongside national and state partners to advocate for policies that strengthen the future of the profession.