AICPA Moves Ahead With Cognitor Designation | AccountingWEB

AICPA Moves Ahead With Cognitor Designation

Even though several of the world's accounting organizations have shown mixed support for the 'Cognitor' designation, the American Institute of CPAs has decided to move ahead with its plans to create and implement the global designation.

The decision was made this week at the Fall Council meeting in Las Vegas, and only was agreed to thanks to wording supplied by the Ohio Society of CPAs. The Society asked that the Institute research both the financial implications of the designation, along with how it will affect other areas, including student recruitment into the profession.

The content of what exactly a cognitor represents still is in development, but the designation is designed to represent anyone working within the accounting, legal, consulting, marketing, HR and IT arenas.

Currently, plans are underway to ask the AICPA membership for their vote this spring.

Wait, there's more!
There's always more at AccountingWEB. We're an active community of financial professionals and journalists who strive to bring you valuable content every day. If you'd like, let us know your interests and we'll send you a few articles every week either in taxation, practice excellence, or just our most popular stories from that week. It's free to sign up and to be a part of our community.
Premium content is currently locked

Editor's Choice

WHAT KIND OF FIRM ARE YOU?
As part of our continued effort to provide valuable resources and insight to our subscribers, we're conducting this brief survey to learn more about your personal experiences in the accounting profession. We will be giving away five $50 Amazon gift cards, and a $250 Amazon gift card to one lucky participant.
This is strictly for internal use and data will not be sold
or shared with any third parties.