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Consider giving back to your profession for CPAs now and in the future.

As a member of the AICPA, you are likely well aware of the professional and advocacy activities of the AICPA. However, what you may not be aware of are the programs and services the AICPA offers its members and the profession through the AICPA Foundation, AICPA Benevolent Fund and the AICPA Political Action Committee.

Foundation

The AICPA Foundation was established in 1922 to advance the science of accountancy and accounting education. It continues to support programs and services that impact the profession and the public it serves. Currently the AICPA Foundation is focusing on three major initiatives:

* Financial Literacy--supporting the AICPA's 360 Degrees of Financial Literacy program to help overcome the financial illiteracy epidemic plaguing the American public.

* Accounting Faculty Shortage--The growing shortage of accounting faculty threatens the future of the accounting profession. The AICPA Foundation is initiating an effort to increase the supply of accounting Ph.D.s and facilitate the transition of seasoned accounting professionals to the college classroom.

* Diversity--Minorities continue to be underrepresented within the accounting profession. The Foundation provides direct assistance and specialized programs to encourage qualified minority students to enter the profession.

Benevolent Fund

Since 1933 the AICPA Benevolent Fund has been helping members and members' families through difficult financial times. Whether it is due to an illness, accident or death, the Fund has been able to help members and their families get back on their feet. Typically the Fund is approached when a colleague has fallen through their personal safety net and when government assistance is either very limited or unavailable. It represents a way for CPAs to support those who have gone before them in the profession and to reach out to "take care of their own."

PAC

Your personal contribution to the AICPA's PAC will help ensure the accounting profession has a strong voice in our nation's capital. By joining forces with your fellow AICPA members through the PAC, you can maximize the profession's political clout and help ensure that what is being legislated is productive to your business interests. Contributions go directly to helping pro-business candidates win elections to Congress. Last election cycle, AICPA members serving as legislative contacts across the country personally delivered checks to their members of Congress, and the bi-partisan PAC was able to help elect 9 new House representatives and 4 new Senators.

Suggested voluntary contribution amounts have been added to your upcoming dues bill and your support is greatly appreciated [see page 2 article on dues bills]. While you are under no obligation to make these contributions, it is through the generosity of our members that the Institute is able to continue with these initiatives.

AICPA in the Media--Second Quarter Highlights

The AICPA's ongoing media relations efforts work to keep the national and business press informed about the Institute's wide-ranging initiatives and the outstanding work of CPAs. During Mar. and Apr. 2006, the AICPA shared the profession's perspectives with and was quoted in more than 100 media outlets, including national and regional publications, radio and television, Web sites, and business and accounting trades. ABC World News Tonight, CNN, Fox News, NBC Nightly News, MSNBC, Reuters News, Bloomberg and Marketwatch were among the national outlets. Topics included tax, financial literacy, accounting standards and student recruitment.
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Publication:CPA Letter
Date:Jun 1, 2006
Words:538
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