smartpros<\/a>) ? those expecting major breakthroughs at the upcoming council meeting of the american institute of cpas may be disappointed. <\/p>\nin fact, it appears that the aicpa’s two big ideas — floated for last may’s meeting, concerning the global business designation now nicknamed cognitor and the plan to launch a commercial business portal — are barely ready for unveiling, or, in fact, may be unraveling.<\/p>\n
the 300-odd member council is due to meet monday and tuesday, oct. 23 and 24, in las vegas. meetings of council, which is made up largely of current and former state society presidents and aicpa committee chairs, was long a place for the profession to hash out issues and controversies. since barry melancon’s ascension to chief executive, and perhaps as a credit to his vision and leadership abilities, council has become little more than a rubber stamp for aicpa-staff initiatives.<\/p>\n
the biggest of those initiatives is perhaps the dot-com portal, sometimes called cpa2biz.com, which would both sell products directly to accountants and also provide participating accountants with a vehicle to sell web-based services to clients. it remains an elegant business idea, but the climate for internet businesses has turned decidedly cooler since its conception, and the aicpa has had difficulty rousing support from rank-and-file members for the plan. a new, more modest plan focusing on the economies of internet delivery of services to members could muster more support and understanding.<\/p>\n
while the portal plan has garnered little support or interest, the plan for the global business designation — first code named “the miami project,” then “xyz,” and most recently “cognitor” — has generated vocal opposition. and, in fact, several united kingdom-based accountancy institutes have pulled out. opponents regard the plan as a threat to the basic cpa\/ca brand and a boondoggle that could only be paid for by a successful portal. click here and here for more.<\/p>\n
also on the agenda of the meeting is a report on the state of accounting education. it won’t be a happy message. undergrad enrollments are down 23 percent in recent years and the authors of the report will be recommending a vast overhaul of the college curriculum. but will they lay the blame where it really belongs? the fact is that the big eight, six, now five have long driven college programs, only to abandon them in recent years for non-cpa candidates. colleges have been left jilted and confused as their key outlets for grads dried up. click here and here for more.<\/p>\n
the climax of the meeting may come on the last day of the last hour when securities and exchange commission chairman arthur levitt is scheduled to speak. in fact, aicpa officials at first rejected his request to appear at the meeting, which clearly did not sit well with levitt. he could deliver another scolding to the profession about their public duty as auditors, or he could surprise the profession with news of a grand compromise on independence. click here for more.<\/p>\n
in any case, there won’t much good news for council members to cheer about. grand plans have withered and the profession is under pressure from washington.<\/p>\n
ironically, accountants are in demand in the marketplace as never before. firms are busier than ever. salaries are rising steadily. careers are strong. and the rank-and-file professional may be doing better than his or her own institute. maybe the real leaders here are the members.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
by: rick telberg oct. 19, 2000 (smartpros) ? those expecting major breakthroughs at the upcoming council meeting of the american institute of cpas may be disappointed. in fact, it appears that the aicpa’s two big ideas — floated for last … continued<\/a><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[2254],"tags":[534],"class_list":["post-136","post","type-post","status-publish","format-standard","hentry","category-growth","tag-growth"],"acf":[],"yoast_head":"\ncouncil meeting could test aicpa leadership - 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