AICPA and CIMA Vote to Create a New Integrated Association

American Institute of Certified Public Accountants pic
American Institute of Certified Public Accountants
Image: aicpa.org

James Kasim is an experienced professional executive who has served at various financial firms and as an adjunct professor at the Lusk Center for Real Estate at the University of Southern California. James Kasim also holds a masters in business administration from that same institution, as well as a CPA certificate for the state of California and a certified management accountant license from the Institute of Management Accountants. He is also a member of the American Institute of Certified Public Accountants (AICPA).

Founded in 1887, the AICPA is the largest association for CPAs in the world, representing over 412,000 members living and working in 144 countries. AICPA works to advance education and support for CPAs in part by setting standards and providing certifications, including the Chartered Global Accountant designation, which was established in partnership with the Chartered Institute of Management Accountants (CIMA).

This year, the two organizations held a vote to create a new association for international accountants that would combine the interests of both public and management accountants. The vote was overwhelmingly in support of the proposal to create the new organization, with 86.5 percent of AICPA members and 89.7 percent of CIMA members voting in favor.

This new organization will provide better resources for CPAs and CMAs to stay abreast of trends and new information in their fields. Current members of the AICPA and CIMA will not only maintain their memberships, but will also gain automatic entry into the new organization at no additional cost.

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