The American Institute of Certified Public Accounts (AICPA) has named Mat Young as its vice president of state regulatory and legislative affairs. Young previously served as AICPA director of congressional and political affairs.
"We are delighted to be able to promote Mat to vice president of state regulatory and legislative affairs," said Susan Coffey, AICPA senior vice president of public practice and global alliances. "Mat has worked closely with the state CPA societies and AICPA members on federal legislative efforts that are critical to the CPA profession, and we look forward to having him lead our collaborative efforts with the states on key state regulatory and legislative issues."
Young succeeds Sheri Bango Cavaney, vice president of practice mobility and state regulatory and legislative affairs, who retired August 5, 2011.
"Sheri was an influential leader in the profession's effort to enact state laws that allow licensed CPAs to more readily practice across state jurisdictions," Coffey said. "Under her leadership 47 states enacted mobility laws."
Young helped lead the AICPA's effort to have Congress ban tax strategy patents so that taxpayers have equal access to legal methods of complying with the tax laws Congress intended for use by all. Teamwork with the state CPA societies resulted in similar patent reform bills overwhelmingly passing the U.S. Senate in March and the U.S. House of Representatives in June.
Last Congress, Young worked with others in the accounting profession to ensure stronger protections for public company investors during consideration of the Dodd-Frank bill, and to provide flexibility for the Public Company Accounting Oversight Board's regulation of auditors of broker-dealers.
His Capitol Hill experience includes serving as director of economic policy for Senator Debbie Stabenow (D-MI), and a period working for the House Financial Services Committee.
Young has a master's degree in public affairs from the Woodrow Wilson School of Public and International Affairs at Princeton University in Princeton, NJ, and a bachelor's degree from Trinity University in San Antonio, TX, where he graduated cum laude in 1997 with majors in economics and urban studies.
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