AICPA Streamlines Process, Intends to Cut 40% of Committees

Accounting Today reports this week that the AICPA, in an effort to streamline the decisionmaking process, will cut 49 of its 120 committees, and restructure the process to set and implement policy.

Overlapping policies, and conflicts between committees are two of the problems the new structure is intended to solve. The elimination of the committees will affect over 600 volunteer members.

The AICPA will involve members, outside experts and others from outside the profession as an organizational strategy group to get a more complete picture in setting the course for the future.