he CTCPA Board of Directors has adopted a resolu-
tion in agreement with the AICPA's proposal to cre-
ate a new association with the Chartered Institute of
Management Accountants (CIMA) that would advance the
accounting profession while preserving the existing AICPA
and CIMA membership bodies.
The CTCPA Board of Directors supports the AICPA's CIMA
proposal and encourages members to cast their votes on
the issue; voting is open now through June 16. The pro-
posal has received support from 52 CPA societies.
Today, the accounting profession is vibrant. Enrollment in
accounting programs is at an all-time high, thanks in large
part to the work of the state societies and the AICPA to
build the pipeline. The CPA stands strong, with a full 88
percent of business decision-makers saying that CPAs
add value to their organizations and 84 percent saying they
would have more confidence in a job done by a CPA.
But the marketplace is changing rapidly, and our profes-
sion is affected by the same technological, demographic,
and international trends reshaping the work of our clients
and our employers.
Under the proposal, AICPA members will
keep the benefits they currently receive,
and also gain access to expanded
resources, more education opportunities,
and enhanced advocacy.
For more information about the proposal and to hear the
perspectives of others, visit www.aicpa.org/horizons.
The Proposal at a Glance
Through this proposal, the AICPA and CIMA
would maintain their respective membership
bodies while integrating operations to deliver a
stronger voice for the entire profession both
public and management accounting.
The new association would represent more
than 600,000 current and next generation ac-
countants, providing a stronger defense against
onerous regulations that are increasingly origi-
nating overseas mandatory audit rotation in
Europe is one example.
With members in 91 percent of the world's
countries, the AICPA and CIMA would also have
a broader platform to reach the next generation
of talent and to explain all the career opportuni-
ties that accounting can unlock.
AICPA members would receive all the same
benefits they have today and through the new
association have access to even more resourc-
es and education opportunities to better serve
their clients, firms, and employers.
The AICPA would remain steadfast in its
commitment to working collaboratively with the
state societies to promote, protect, and grow
the CPA and focus on core services such as au-
dit, tax, and financial reporting.
Access your personal and confidential ballot link
sent from the third-party "AICPA Independent Tabu-
lator" the week of April 18.
If that link is not immediately accessible, you can vis-
it www.directvote.net/aicpa to enter or retrieve your
unique voting credentials.
AICPA Opens Vote
on CIMA Proposal
AICPA Members Have Two Ways to Vote