Over the weekend, the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) approved the creation of a new international accounting association that will integrate operations and represent the entire accounting profession. But the membership bodies of both organizations will remain separate.
We would like to know your thoughts on this partnership being taken to the next level. Is this a good thing for the future of the accounting profession? If you are an AICPA member, what, if anything, does the creation of this new association mean to you?