Michigan CPAs Give Thumbs Up to Global Credential

The board of directors of the Michigan Association of Certified Public Accountants recently voted to support the AICPA's proposed global business credential, tentatively referred to as "XYZ." The proposed credential is expected to be voted on by the entire AICPA membership later this year.

Last week, Kathy Eddy, chairman of the AICPA, participated in an open forum at AccountingWEB to explain the global credential and answer some questions on the topic.

Previously, CPA societies from New York, Illinois, and Connecticut have voiced opposition to the credential, as has the Big Five firm of PricewaterhouseCoopers.

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...

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...
The American Institute of CPAs (AICPA) on Thursday released a discussion paper seeking input from CPAs, regulators, financial statement users, and others in the profession on how better audit performance of private entities...

Already a member? log in here.

Upcoming CPE Webinars

Sep 9
In this session we'll discuss the types of technologies and their uses in a small accounting firm office.
Sep 10
Transfer your knowledge and experience to prepare your team for the challenges and opportunities of an accounting career.
Sep 11
This webcast will include discussions of commonly-applicable Clarified Auditing Standards for audits of non-public, non-governmental entities.
Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.