The Big Four accounting firms are facing a deep divide over diversity, equity and inclusion (DEI) initiatives as political and legal pressures mount. While Deloitte and KPMG are scaling back their DEI programs due to executive orders and scrutiny over federal contracts, EY and PwC continue to maintain their diversity commitments for now. 

A new report from global HR and payroll firm Deel released Feb. 20 reveals that accountants experienced the highest hiring and salary growth of any profession in 2024. Hiring for accountants surged by 74%, while salaries increased by 15%, outpacing even software engineers—traditionally on elf the most in-demand professions. 

Despite previous assurances that buyouts and layoffs would not take effect until after tax season, the IRS is reportedly preparing to lay off thousands of first-year probationary employees. These cuts come as part of the Trump administration’s broader federal workforce reduction efforts.

The AICPA and NASBA are advancing proposed changes to Uniform Accountancy Act (UAA), introducing another alternative path to CPA licensure that allows candidates to qualify with a bachelor’s degree plus two years of experience. This proposal aims to address workforce shortages while maintaining professional integrity and public protection. The associations are soliciting feedback on the proposed UAA language with a comment period lasting 60 days.