Voting for the Future

Last week the voting opened up on creating a new joint association between the AICPA and CIMA (the Chartered Institute of Management Accountants).  You should have received an email from “AICPA Independent Tabulator” which has your link to the proposal and your vote.  The formation of a new overarching association is the next step in the evolution of the relationship between the AICPA and CIMA.  The first step was the creation of the joint venture that brought us the CGMA, the most widely held specialization credential for CPAs in the U.S.  The second step was allowing professionals who do not want to obtain a CPA license to be able to directly get the CGMA and be a member of the AICPA and TSCPA.

Before I talk about what the new association will do, let me cover a few things it will not do.  It will not dissolve the AICPA or CIMA.  Both organizations will continue with their current governance structure.  The AICPA Council made up of CPAs from all 50 states plus several territories will continue as will the Board of Directors.  This means CPAs will still be making the decisions that impact the AICPA.  And the same can be said about CIMA and its leadership structure.

The new association would integrate AICPA’s and CIMA’s management and operations allowing both organizations to do more for their members than they could do alone.  Representing more than 600,000 professionals, the association will give all of its members a stronger voice in advancing the profession of accounting in the U.S. and abroad.  And, in an increasingly global world, thinking beyond the borders of the U.S. becomes even more critical.  I’m know I won’t be able to tell you everything you might want to know in this short blog so you can learn even more at http://accountinghorizons.org/ .

I think the new association is an important step forward for the accounting profession.  We won’t see revolutionary changes immediately after it is formed, but 10 or 20 years from now, we will look back and realize we did a great thing to preserve and enhance the profession for those that are following us.  You don’t just have to take my word, 52 state societies, including Texas, have passed resolutions supporting the creation of the new association and asking their members to vote in favor of its creation.

It’s now up to you.  This is your chance to create something lasting like the founders of the TSCPA did 100 years ago.  Please join me and vote for the creation of the future by voting for the new AICPA-CIMA association.

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