The accounting profession benefits from identified competencies formulated by teams of academicians and professionals. As these competencies become more evident, there will be an expectation that professionals possess these competencies as they enter the workforce. Business schools will need to change significantly to deliver and assess the competencies valued by the accounting profession. <br><br>In this commentary, I provide evidence that accounting academicians have been slow to incorporate, integrate, and embed competencies desired by the profession in their curriculum.I also show how state regulations and university policies make it challenging for the academic community to implement effective competency-based training. Finally, I discuss the difficulties associated with offering competency training economically, flexibly, and continuously throughout the career of the accounting professional.