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New Student Recruitment Effort Enthusiastically Supported by Council.

Council Overwhelmingly Defeats Resolution to Kill XYZ XYZ  
interj. Informal
Used to indicate to someone that the zipper of his or her pants is open.

[ex(amine) y(our) z(ipper).]
, Votes to Intensify Education and Response Campaign

With much enthusiasm and excitement, members of Council at their spring meeting last month showed resounding re·sound  
v. re·sound·ed, re·sound·ing, re·sounds

1. To be filled with sound; reverberate: The schoolyard resounded with the laughter of children.

 support for a new five-year, $25 million recruitment initiative to help reverse the trend of students moving away from the CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  profession. A direct marketing program (as opposed to a national advertising campaign) in which state CPA societies will participate, this effort will concentrate on starting and continuing an interactive dialogue with "Generation Y" (ages 16-22, population: 60 million). It also will make extensive use of existing and new data that will allow tracking of the effectiveness of the campaign on a regular basis. (See article "Unique Direct Marketing Campaign Will Launch Later This Year to Boost Recruitment of New CPAs".)

On another major agenda item, spirited discussion, a thoughtful pro-con debate and presentation of resolutions by state CPA societies provided the backdrop for Council's discussions on whether to continue pursuing the proposed global credential ("XYZ"). These elements of the meeting were specifically designed to give members of Council and several states a forum to thoroughly present reasons for opposing XYZ as well as to provide adequate time for proponents to state their case.

A resolution offered by the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State Society of CPAs that would have killed the XYZ initiative was voted down by a margin of almost 4 to 1 (41 for the resolution, 152 against). Instead, by an even larger margin, Council approved a resolution presented jointly by the California and Texas societies. Among other things, that resolution authorized continued development of the XYZ concept, approved mailing to members for their approval a bylaw by·law  
1. A law or rule governing the internal affairs of an organization.

2. A secondary law.

[Middle English bilawe, body of local regulations; akin to Danish
 amendment that would permit the AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
 to offer the XYZ credential in a separate entity it will form, and instructed AICPA management to send out the ballots after Council's Oct. meeting. Furthermore, the resolution requires the Institute working with state societies to conduct member information programs to obtain member comment on the proposal and to create a consistently informed constituency, to conduct a survey of members to ascertain their attitudes on the issue of non-CPAs being eligible to obtain the credential, and to allow Council an opportunity at its Oct. meeting to discuss member reaction, and, if necessary, reconsider the matter. Look to future issues of The CPA Letter for much more on the global credential and the vote by the general membership later this fall.

In other actions at the Apr. 29-May 2 meeting, Council:

* Approved continuation of the national image enhancement See image editing.  campaign and its cooperative advertising arrangement with the state CPA societies. Through the cooperative advertising program, participating state societies will be able to increase CPAs' exposure at the local level by tapping into funds set aside by the AICPA for this purpose, nearly $1 million. Fully 36 states took part in the cooperative program this past year.

* Received updates on the profession's portal (CPA2Biz), various tax issues and assurance services.

* Was given an in-depth presentation on computerization com·put·er·ize  
tr.v. com·put·er·ized, com·put·er·iz·ing, com·put·er·iz·es
1. To furnish with a computer or computer system.

2. To enter, process, or store (information) in a computer or system of computers.
 of the Uniform CPA Examination, which is still on target for implementation in Nov. 2003. The Institute is working closely with the National Association of State Boards of Accountancy For the technique in nucleic acid amplification, see .

The National Association of State Boards of Accountancy (NASBA) is an umbrella group for the 55 state boards that regulate the accountancy profession in the United States of America.
 and the state boards state boards Examinations administered by a US state board of medical examiners to license a physician in a particular state; these examinations play an ever-decreasing role in state medical licensure, as these bodies now rely on standardized national examinations  of accountancy to ensure their input is considered.

* Presented the AICPA Distinguished Achievement in Accounting Education Award to W. Steve Albrecht, Associate Dean of the Marriott School of Management The Marriott School of Management is located at Brigham Young University, the second largest private university in the United States. The school has nationally recognized programs in accounting [1]  at Brigham Young University Brigham Young University, at Provo, Utah; Latter-Day Saints; coeducational; opened as an academy in 1875 and became a university in 1903. It is noted for its law and business schools. . Previously, Albrecht served for eight years as the Director of the School of Accountancy and Information Systems at BYU BYU Brigham Young University
BYU Bayou
BYU Bob's Your Uncle
BYU Bayreuth, Germany - Bindlacher Berg (Airport Code)
BYU Beyond Your Understanding
. During that time, BYU's undergraduate and graduate programs were ranked second and third in the United States.

* Presented the AICPA Public Service Award to Tommie Vassel, operator of the Vassel Group in New Orleans. Serving his community for more than 20 years as mentor, tutor, counselor and role model for inner-city youth, Vassel's efforts include the founding of 100 Black Men of Metro New Orleans and participation in Tulane University's For the Children Reading Program, Junior Achievement of Greater New Orleans, United Way of Greater New Orleans, and Louisiana Economic Development Corporation (for which he currently is chairman of the board).

* Approved the Institute's budget for fiscal year 2001-2002.

Global Credential Member Information Center

The Global Credential Information Center's frequently updated Web site provides access to the business plan and competency framework document, summarizes research results, offers frequently asked questions, and features a feedback section. On any matters other than the global credential initiative, members should continue to contact the AICPA's Member Satisfaction Center.


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Publication:CPA Letter
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 1, 2001
Previous Article:GAO Issues Exposure Draft on Auditor Independence.
Next Article:AICPA Group of 100 Seeks New Members.

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