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May 24, 2010

AICPA council revises membership structure

The American Institute of Certified Public Accountants (AICPA) council has revised its membership categories to draw a wider field of qualified people into the accounting profession.

The AICPA’s membership will be organised as:

  • regular/voting members – individuals with full membership privileges and voting rights;
  • affiliates – non-CPA relationships with non-voting status, including students, CPA-exam candidates and pre-college educators; and,
  • associates: CPA peer of professional peer relationships, including international professionals and non-CPA associates.

The council also authorised a bylaw change permitting professionals to qualify as a voting member of the AICPA as long as they hold a valid CPA certificate or meet the requirements of the Uniform Accountancy Act.

A motivation for the membership shake-up is that accountants are increasingly entering the profession in streams other than public accounting, such as management accountancy.

“The changes aim at maintaining the prestige of the CPA and keeping the inflow of new members steady and strong,” AICPA president and chief executive Barry Melancon said.

 

 

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