I know you frequently receive communications from the AICPA, but I want to be sure you are aware of a member ballot that I believe will strengthen our profession and solidify new opportunities for your career advancement.
In March, the AICPA Council voted to authorize a member ballot on a proposal by the AICPA and The Chartered Institute of Management Accountants (CIMA) to create a new accounting association, while preserving their membership bodies. For a little background, the AICPA and CIMA began a joint venture in 2011, and the two organizations have had significant success—developing nearly 120 new resources, a competency framework, and Global Management Accounting Principles to further professionalize management accounting.
In light of this success and in anticipation of the continual changes that members face, this proposal is crucial in staying ahead of demographic, talent, business, and marketplace trends. These trends will undoubtedly play an instrumental role in altering the face and expectations of the next generation, placing specific attention on the issues young CPAs find most important, such as diversity and inclusion, international exposure and expansion, and career growth.
And this is why the AICPA and CIMA boards recommend the creation of a new association that will integrate the AICPA and CIMA’s respective operations and enable us to represent the entire accounting profession, while still preserving the membership bodies of both organizations.
This proposal will continue to expand future opportunities for the talent of tomorrow—you included—and provides a stronger influence on both public and management accounting issues and opportunities in the United States and abroad. I believe that the combined strength of the AICPA and CIMA will afford:
- A stronger advocacy voice with over 600,000 members in the new association. The new association would have members in 91% of the world’s countries and offices in 33 locations to better serve current and future accounting professionals.
- The AICPA member benefits you currently enjoy plus expanded resources and education opportunities from the new association.
- Confidence in knowing that the CPA designation is at the forefront of the market and that you—and the AICPA—are taking steps to maintain the ongoing relevancy of the CPA designation.
By now all voting members of the AICPA should have received via email a personal and confidential ballot link from the third-party vote administrator called “AICPA Independent Tabulator.” Voting members who missed it can visit www.directvote.net/aicpa to enter or retrieve their voting credentials.
Voting members will receive additional communications and information about the ballot and voting in the coming months. In the meantime, to learn more about the ballot go to aicpa.org/horizons.
Young CPA professionals often ask, “How can I get involved?” or “In what way can I help the AICPA and the world of accounting?” Today you can help advance the accounting profession. After all, we are on the precipice of change, and, as a young CPA, you have this opportunity for your voice to be heard. Help build the future of the profession by voting “yes” on the member ballot.
Vote today. Shape tomorrow.
Lindsay Stevenson, CPA, CGMA, is VP-Finance-Tax at 1st Financial Bank USA in Dakota Dunes, S.D. She is a graduate of the AICPA’s Leadership Academy.
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