chair's corner

CPA Letter, The, November, 2004 by Bunting, Robert L

I recently spoke with a past chair of the AICPA Board of Directors who expressed amazement at the amount of time the chair is now required to spend on AICPA activities. As we compared his experience with those of more recent AICPA chairs, one glaring difference stood out.

My predecessor attended meetings with only one regulatory organization during his term of office. The AICPA has long-standing joint projects with the National Association of State Boards of Accountancy. NASBA and the AICPA share responsibility for the CPA Exam and work jointly on the Uniform Accountancy Act. Because of these shared responsibilities, we have regular meetings between the staff and leadership groups of the two organizations to discuss our respective initiatives, resolve differences and keep our...

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