PricewaterhouseCooper US (PwC) is awarding $500,000 in grants to
four universities to promote and support the recruitment and
advancement of diverse students within the accounting
profession.

The $500,000 will be used to create
scholarships and hands-on career exploration programmes for
students from groups that have historically been underrepresented
in the accounting field, including African-Americans, Latinos and
Native-Americans.

The funding will go to four US schools –
Bryant University, the University of Southern California, Wake
Forest University and Florida International University.

As of 2008, African-Americans represented only
4% of public accounting professionals at all career levels and
Latinos represented just 5%, according to the Minorities in Tax
2010
report by TaxDiversity.com.

PwC claims the grants are part of a wider
objective to find, attract and develop talent and create an
inclusive culture.