The CPA today is stronger than ever and stands at the forefront of an evolving U.S. accounting profession. The American Institute of CPAs (AICPA) has a multitude of initiatives to keep the CPA strong and the profession relevant and vibrant far into the future. Those objectives are central to a proposal the AICPA is asking members to consider.
UNDER THE PROPOSAL:
- Members of the AICPA would keep all the same benefits they currently receive. They would gain access to expanded resources, more education opportunities and enhanced advocacy.
- The AICPA and CIMA would integrate our strategies, management and operations to advance the entire profession — public and management accounting. Approximately 40% of AICPA members work in business and industry.
- The AICPA would continue to serve members, and protect, promote and grow the CPA profession.
- The AICPA would continue to focus on and enhance quality and competencies in core areas such as audit, financial reporting and tax, along with specialized service areas.
- We would represent an even stronger voice in advocacy, speaking with the power of more than 600,000 current and next-generation professionals to protect the public interest as regulation development becomes increasingly international.
- AICPA members would gain more resources and network opportunities to better understand issues and influence regulation affecting their employers and clients.
- We would extend the CPA’s core values of quality, competency and integrity across the entire accounting profession and provide a broader platform to promote your designations and options within the entire accounting profession.
- All members of the AICPA and CIMA would automatically become members of the Association of International Certified Professional Accountants (“the Association”), which is the name of the joint venture launched in 2011.