(AICPA and CPA.com invite early-stage companies to apply by Nov. 30)
NEW YORK (Aug. 2, 2023) – The American Institute of CPAs (AICPA) and CPA.com are seeking applicants for the 2024 Startup Accelerator program, which promotes the growth of early-stage companies to help advance the accounting and finance ecosystem. Recognizing the profound impact that artificial intelligence (AI) is poised to have on the accounting and finance profession, this year’s program is exclusively targeting companies that are leveraging the technology within their solutions.
The program is open to pre-Series A startups worldwide, offering successful participants invaluable insights from subject matter experts, executives, firms and financial leaders across the profession. Senior leaders from the AICPA and CPA.com, along with the program’s advisory board members, will provide strategic intelligence and business acumen bolstered by their diverse backgrounds and complementary skills in entrepreneurship, startup tech companies, accounting and finance. Additionally, selected companies will receive a $25,000 grant.
“Being part of the 2023 Accelerator program has been a game-changer for Audit Sight,” said T.C. Whittaker, CEO and co-founder of Audit Sight, a participant in the 2023 program. “The program's advanced training, access to accounting thought leaders and influencers and participation in AICPA and CPA.com's marquee conferences have made a significant impact on our company. Any entrepreneur focused on building new solutions in the accounting space should consider applying for this program.”
Applications for the 2024 accelerator program will be accepted through Nov. 30, 2023. The 2024 cohort will be showcased next summer at AICPA & CIMA ENGAGE the largest U.S.-based conference for CPAs. Later in the year, they will also be featured at the CPA.com Digital CPA Conference.
“We expect AI to have a transformative impact on the accounting profession,” said Erik Asgeirsson, president and CEO, CPA.com. “As part of our efforts to support firms with the knowledge, resources and solutions to navigate this rapid change, we are excited to focus the 2024 Startup Accelerator around the technology innovators that are integrating AI in practical ways to meet the most pressing needs of the profession and deliver more value for clients.”
To be eligible for consideration, companies must meet the following criteria:
- Focus on accounting, tax, fintech, regulatory technology or educational solutions
- Leverage artificial intelligence in their solution
- Have a working product with active users
- Be at seed or pre-Series A stage (with some exceptions)
For questions about the program, please contact Vendela Hale at vendela.hale@hq.cpa.com. CPA.com and the AICPA are also hosting a webinar Nov. 9 at 2 p.m. with the startup companies representing the 2023 cohort to discuss emerging technologies and the impact on the accounting profession.
To apply for the 2024 cohort, please visit the accelerator program page at www.accelerator.cpa.com.
About CPA.com
CPA.com brings innovative solutions to the accounting profession, either in partnership with leading providers or directly through its own development. The company has established itself as a thought leader on emerging technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.
Our company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for the profession, and lead technology research and innovation efforts for practitioners.
A subsidiary of the American Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants, the world’s most influential organization representing the profession. For more information, visit CPA.com.
About the Association of International Certified Professional Accountants, and AICPA & CIMA
The Association of International Certified Professional Accountants (the Association), representing AICPA & CIMA, advances the global accounting and finance profession through its work on behalf of 698,000 AICPA and CIMA members, students and engaged professionals in 188 countries and territories. Together, we are the worldwide leader on public and management accounting issues through advocacy, support for the CPA license and specialized credentials, professional education and thought leadership. We build trust by empowering our members and engaged professionals with the knowledge and opportunities to be leaders in broadening prosperity for a more inclusive, sustainable and resilient future.
The American Institute of CPAs (AICPA), the world’s largest member association representing the CPA profession, sets ethical standards for its members and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state and local governments. It also develops and grades the Uniform CPA Examination and builds the pipeline of future talent for the public accounting profession.
The Chartered Institute of Management Accountants (CIMA) is the world’s leading and largest professional body of management accountants. CIMA works closely with employers and sponsors leading-edge research, constantly updating its professional qualification and professional experience requirements to ensure it remains the employer’s choice when recruiting financially trained business leaders.
