BDO Seidman Joins Ranks of 'XYZ' Naysayers

The nation's sixth largest accounting firm, BDO Seidman, has denounced the controversial plan by the AICPA to launch a global business credential, tentatively called the 'XYZ' credential.

The credential would provide certification to consultants and other financial professionals that provide a broad range of services. These professionals would not necessarily have to be CPAs.

Previously, PricewaterhouseCoopers came out against the proposed designation, as well as many of the state CPA societies.

For more information on the proposed global credential, including a chronological list of all of the news stories AccountingWEB has carried on this subject, visit AccountingWEB's 'XYZ' Global Credential Resource Center.

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.