The CPA Watercooler

AICPA, CIMA Members Overwhelmingly Approve Proposal to Advance Profession

Members of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) have overwhelmingly approved a proposal to create a new, international accounting association that will integrate operations of both organizations, while preserving the existing membership bodies. Voting concluded in separate AICPA and CIMA membership ballots on June 16 and a supermajority of members who voted from both organizations endorsed the proposal.  The AICPA ballot passed 86.5 percent to 13.5 percent,  according to independent tabulator Survey and Ballot Systems. CIMA…

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