AICPA Refocuses on Core Values
2002 Year-in Review
The AICPA began the year with the announcement that the Global Business Credential, which was vigorously supported by the leadership as a way to expand the reach of the CPA, had been resoundingly defeated by the Institute's membership. Within weeks, the AICPA leadership found itself struggling to find its voice in the fast moving chaos that emerged with the rapid disintegration of Andersen and the public trust. Trying to appear cooperative with an increasingly confrontational SEC, while trying to protect its members' interests, the Institute appeared to have some successes and some failures throughout the year. In the end, a vision for the Institute began to materialize, as the leadership laid out a plan to focus its energies on the core values of the profession.