Adding Value To The Profession - Proposed Credential

The AICPA has prepared two documents "Adding Value to the Profession" and "The XYZ Concept" for professionals to download and review for free.

"Adding Value to the Profession" - The Proposed Global Credential is an in-depth article on the new global professional credential written by William L. Reeb. The proposed credential has been carefully and intentionally devised as separate from the CPA credential in order to:

  • Best meet the needs of our diverse profession;
  • Claim a highly active, lucrative, and currently unclaimed market space;
  • Preserve and protect the integrity and services of the CPA;
  • Create a credential that can adapt swiftly to global market demand and change; and
  • Allow its holders to move and provide services seamlessly across international borders.
  • The XYZ Concept: Turning Knowledge into Value is an extensive white paper summarizing conclusions and recommendations of the task force charged with exploring the potential for a new global professional credential.

    The paper summarizes the conclusions and recommendations of a Task Force that for the past 18 months has been exploring the potential for a new, global professional designation, focused on the ability to provide strategic business insight, that will complement existing professional credentials. The new designation symbolizes not just a body of knowledge or set of skills, but a new and distinct profession—emphasizing knowledge integration—that is needed to serve businesses and individuals in the evolving information economy. The placeholder name for the new credential is XYZ. Holders are expected to come from a wide range of professional disciplines. Those who hold existing professional credentials would maintain them

    You may like these other stories...

    Optimism about the US economy continues to grow among CPAs and financial executives, and with that, more companies are expecting to increase hiring in the near future, according to results of a new survey released by the...
    Planning has begun to determine the content, design, and structure of the next version of the Uniform CPA Examination – and the American Institute of CPAs (AICPA) is asking the accounting profession for its feedback on...
    In a letter sent to Congress last week, the American Institute of CPAs (AICPA), the Virgin Islands Society of CPAs (VISCPA), and the Guam Society of CPAs (GSCPA) sought clarification regarding net investment income tax (NIIT...

    Already a member? log in here.

    Upcoming CPE Webinars

    Sep 24
    In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
    Sep 30
    This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
    Oct 21
    Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
    Oct 23
    Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.