On the recordDecember 15, 2021
Mr. President, I rise to introduce the STEM Education in Accounting Act with my colleague Senator Rosen. Our bill would recognize accounting as part of a well-rounded STEM education and allow school districts to use their Federal education block grant resources to develop and improve instruction in accounting. It also aims to introduce more students to accounting and improve career awareness and workforce diversity in the field. In today's rapidly changing world, improving students' access to a STEM-based curriculum is increasingly vital to ensure they are prepared to succeed in the 21st-century workforce. Mathematics--the ``M'' in ``STEM''--is a critical skill that can help students unlock countless doors to high-paying, in-demand fields. One of those doors leads to the accounting profession, whose work has a direct impact on employers, employees, retirees, investors, and the global economy. Certified professional accountants, or CPAs, play a key role in providing capital markets with confidence in financial reporting. Modern accounting increasingly requires cutting-edge math and technology skills, including IT auditing, artificial intelligence, data analytics, and cyber security, to keep up with the market's needs.…





