The "XYZ" Credential proposal was one of the most hotly debated issues in the profession. View Comments of AccountingWEB Members on this issue.
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The AICPA is actively soliciting opinions about the proposed global credential, tentatively called "XYZ" and formerly referred to as "Cognitor."
Earlier this spring the AICPA council agreed to hold off on a vote on the credential until more feedback could be generated from members of the profession.
You can find out more information about the credential at the AICPA's Global Credential Web site.