Demystifying Governance | ARC

From state societies to the AICPA, the hosts shed light on the collaborative ecosystem guiding CPAs.

MAX: Productivity, Profitability and Client Retention, by August Aquila

See Today’s Special Offer

Click to subscribe anywhere: Apple, Google/Youtube, Spotify, iHeart, Deezer, Amazon Music and Audible, Player FM, Audacy, Gaana (India), Boomplay (Africa), or RSS.

Accounting ARC
With Liz Mason, Byron Patrick, and Donny Shimamoto.
Center for Accounting Transformation

The accounting profession operates within a complex framework of governance, where state and national organizations play critical roles in shaping standards, supporting professionals, and maintaining public trust. In a recent episode of Accounting ARC, Donny Shimamoto, CPA.CITP, CGMA; Byron Patrick, CPA.CITP, CGMA; and Liz Mason, CPA, dive deep into the often misunderstood relationships between state societies, boards of accountancy, and national entities like the AICPA and NASBA. Their discussion offers a candid look at how these organizations work together to regulate, educate, and advocate for CPAs, while highlighting the importance of participation at every level.

MORE Accounting ARC: Top 10 Red Flags to Watch for in Accounting Offices | Jeremy Dubow: Private Equity as a Catalyst for Growth | Break the Burnout Cycle in Accounting | Accounting in Transition: 2024 Reflections & the Road Ahead | Ron Baker: Visions for the Accounting Profession | Angie Grissom: Next Gen Inspo for Accountants | Does Accounting Belong in STEM? | Rose Wang: Where Numbers Meet Strategy and Creativity | TikTok Fraud Exposes Gaps in Financial Literacy | How Accounting Pros Own the Stage in Public Speaking | Greg Kyte: Being a CPA Is Like Being the Marie Kondo of Numbers | Rachel Bashore: A Lawyer’s Case for Reinventing Accounting | Beyond the Basics in Ethics Eduction | Bailey Lenart: From Ledger Sheets to Transformational Change | Election Tax Plans: What CPAs Need to Know |

“Many see state societies as just CPE organizers, but they’re also advocacy powerhouses,” explains Patrick, CEO of VERIFYiQ and co-founder of TB Academy, who details Maryland’s proactive society. State societies also facilitate specialized communities and foster advocacy efforts on behalf of CPAs.

Posted on January 30, 2025

Center for Accounting Transformation

About the Author

The Center for Accounting Transformation offers tax, accounting, audit, and finance professionals with a framework for:

leveraging innovations that are ready for adoption,
the training and resources necessary to apply the innovations, and
an opportunity to engage the talent and community needed in further pursuit of innovative accounting practices
that drive responsible and mindful business performance.

C4T, at improvetheworld.net, was founded by Donny Shimamoto, now the organization's Inspiration Architect.

The Center:

Provides actionable tools, know-how, and a safe space for the cultivation of new ideas.
Seeks to inspire innovation in the profession as a force for meaningful transformation.
Creates a community that supports all subscribers on a path toward a better future. And,
Changes the face of the profession.

The Center is not here to convince people to change, but rather to empower those who seek an alternative to the status quo. As such, they offer subscribers an opportunity to enable transformation to help them understand organizational scalability through effective leadership. This includes resources and services that extend beyond “just CPE,” and pathways to certification in a variety of areas in the accounting profession.

Click here for more by Center for Accounting Transformation

Sponsored by

MAX: Productivity, Profitability and Client Retention, by August Aquila

See Today’s Special Offer

Click to subscribe anywhere: Apple, Google/Youtube, Spotify, iHeart, Deezer, Amazon Music and Audible, Player FM, Audacy, Gaana (India), Boomplay (Africa), or RSS.

TO READ THE FULL ARTICLE

Continue reading your article with a CPA Trendlines Pro membership.