June 2000

COAP Receives Record Number of Applications

By Sanjay Paranandi

The Career Opportunities in the Accounting Profession (COAP) program received a record 170 applications for its 2000 summer residency programs at Hofstra and Pace University. Sponsored by the NYSSCPA, FAE, academia, and the profession, COAP introduces minority high school juniors to the benefits of an accounting career and helps provide for a more diverse profession.

COAP centers on college summer residencies where students attend classes in accounting, business, and interpersonal skills taught by CPA role models and visit accounting firms and other businesses. This year, the residencies will take place June 24­28 at Hofstra University on Long Island and June 25­29 at Pace University in Pleasantville.

"We work hard to ensure that schools receive information about COAP to distribute to their students," New York City COAP Chair Patricia Adams said. "We have developed and maintain consistent contact with guidance counselors and COAP alumni to ensure extensive recruitment and a comprehensive selection process. I am glad our efforts have paid off and we have students applying in record numbers."

The Society's receipt of applications is just the first step in the COAP selection process. The COAP advisory board, which is made up of professionals from public accounting, industry, and academia, interviews every applicant.

"We assess COAP candidates based on a combination of interest in participating in the program and in pursuing a college education," Adams said. "We also weigh the student's grades, test scores, extracurricular and community activities, career aspirations, and interpersonal and communication skills."

To ensure COAP's continued growth and success, the profession must support the program. In addition to Society funding, COAP receives donations from individuals, accounting firms, and corporations. To contribute, send tax-deductible donations made payable to the Foundation for Accounting Education to COAP, NYSSCPA/FAE, 530 Fifth Avenue, 5th floor, New York, NY 10036-5101. For more information, contact Ed Parker at (212) 719-8313, (800) NYSSCPA (697-7272), or eparker@nysscpa.org. *