Annual event hosted by the Maryland Association of CPAs to celebrate the newly licensed CPAs in Maryland. The Acting Commissioner of Occupational & Professional Licensing, Michael Vorgetts administered an oath committing CPAs to protecting the public interest. Members of the State Board of Public Accountancy were on hand to recognize the accomplishments of these new CPAs.
Cara Gugurkan Kandungan Awal Kehamilan 1 bulan (087776558899)
Welcome to the CPA Profession - 2014 MACPA New CPA Celebration
1. Maryland
CPA
Facts
Welcome to the CPA Profession!
Congratulations New CPAs!
2. We believe in CPAs! Period.
And we believe in you!
Congratulations!
3. “Let your future be lit
with the knowledge of
the past.”
- Sakichi Toyoda, Founder, Toyoda
Automatic Loom Works, predecessor to
Toyota Motor Company
4. Welcome Senator Gail Bates, CPA
Gail H. Bates has been a member of the Maryland
House of Delegates since February 4, 2002. Currently,
Delegate Bates sits on the Appropriations Committee
and the Public Safety & Administration Sub-Committee.
In addition, she is a member of the Joint Committee on
Children, Youth & Families, as well as the Special Joint
Committee on Pensions
5. Welcome Michael T. Vorgetts,
Acting Commissioner
Michael Vorgetts joined the Division of
Occupational and Professional Licensing
in August 2012 to serve as Deputy
Commissioner after four years with the
Maryland Department of Legislative
Services. He currently serves as the
Acting Commissioner.
6. Maryland
CPA
Facts
Maryland State Board of Public Accountants
Elizabeth S. Gantnier, CPA, Chair, Industry Member (Frederick
County)
Mac N. Claxton, CPA, Industry Member (Prince George's County)
Ross S. Ehudin, Consumer Member (Baltimore City)
Arthur E. Flach, CPA, Industry Member (Howard County)
Phillip J. Korb, CPA, Education Member (Baltimore County)
Clifton B. Jeter, CPA, Industry Member (Montgomery County)
Naomi B. Powell, Consumer Member (Prince George's County)
Dennis L. Gring, Executive Director
Linda Rhew, Administrative Officer
7. Maryland
CPA
Facts
Source: Newseum in Washington DC
Associations have their roots in
the First Amendment of the US
Constitution that allowed for:
• freedom of speech
• to peaceably assemble
• to petition the Government
for a redress of grievances
8. Maryland
CPA
Facts
• Two
Marylanders
are
credited
with
the
forma8on
of
the
CPA
Profession
in
the
United
States:
• Edward
C.
Cockey
as
the
first
president
of
the
AICPA
and
Henry
Harney
as
the
source
of
the
concept
of
a
Cer8fied
Public
Accountant.
• Source
:
MACPA
History
Book
9. Maryland
CPA
Facts
A
profession
has
three
major
aGributes
1. A
dis8nct
and
evolving
body
of
knowledge
2. A
commitment
to
the
public
interest
–
licensed
by
the
government
3. A
code
of
conduct
and
ethics
10.
11. Maryland
CPA
Facts
The
CPA
Examina8on
• The
1900
Exam
1. Prac8cal
Accoun8ng
2. Theory
of
Accounts
3. Audi8ng
4. Commercial
Law
5. Commercial
Arithme8c
• The
2014
Exam
1. Audi8ng
AGesta8on
(AUD)
2. Business
Environment
Concepts
(BEC)
3. Financial
Accoun8ng
Repor8ng
(FAR)
4. Regula8on
(REG)
12. • Maryland
Maryland CPA Facts
was
the
third
state
in
the
U.S.
to
recognize
the
public
interest
of
accoun8ng
and
financial
repor8ng
by
enac8ng
a
law
that
established
and
regulated
the
prac8ce
of
the
profession
of
PUBLIC
ACCOUNTANT.
• On
April
10,
1900,
Governor
John
Smith
signed
into
law
Chapter
719
establishing
the
(Cer8fied)
Public
Accoun8ng
designa8on
13.
14. Maryland
CPA
Facts
The
Maryland
Associa8on
of
CPAs,
Inc.
was
established
on
February
12,
1901
for
the
purpose
of
uni8ng
CPAs
across
Maryland
and
enabling
them
to
conform
to
the
high
standards
of
the
CPA
profession.
15. Maryland
CPA
Facts
• We
updated
our
mission
and
purpose
in
2000
(and
logo
in
2011)
to
reflect
the
changing
world
of
the
CPA
Profession
and
our
Associa8on.
16. Maryland
CPA
Facts
We
will
help
CPAs
compete
and
thrive
in
a
rapidly
changing
environment
by:
• Connec8ng
them
to
their
profession,
each
other,
and
the
business
community.
• Protec8ng
and
promo8ng
the
CPA
license
and
brand.
• Achieving
career
success
through
technical
excellence,
thought
leadership,
best-‐in-‐class
professional
development,
and
being
their
trusted
filter
for
informa8on.
17. Maryland
CPA
Facts
Associations were a “uniquely American institution”
first observed by the French political philosopher in
1835 when he noted:
“From then on, they are no longer isolated
men, but a power one sees from a far, whose
actions serve as an example; a power that
speaks, and to which one listens.”
– Alexis de Tocqueville
18. CPAs in record attendance at CPA Day in Annapolis
Nowhere is this more evident than in our advocacy efforts at
the State Board of Public Accountancy and in Annapolis for
our Legislature…
CPA Day in Annapolis January 29, 2015
19. Maryland
CPA
Facts
Maryland was one of the first states to enact a law requiring
mandatory Continuing Professional Education (CPE),
recognizing the public interest of CPAs keeping up with
changes in standards and law. This has turned into a core
value of lifelong learning for CPAs.
20. And
con8nues
to
be
modernized
to
meet
the
demands
of
the
Profession
and
the
changing
world
we
live
in…
Maryland Senate
House passes bill
A Bill SB 128
From State Board
Maryland Governor Law
signs into law
Maryland State Board of
Public Accountancy
Clarify thru regulations
And enforce the law
22. Maryland
CPA
Facts
• In
1924,
Maryland
was
the
first
state
to
enact
a
law
restric8ng
the
prac8ce
of
public
accountancy
to
licensed
CPAs
and
recognizing
the
important
role
CPAs
would
play
in
the
growing
commerce
and
industrial
sectors
of
the
Maryland
economy.
• This
would
resurface
with
the
advent
of
Accoun8ng
Review
services
in
a
1981
AGorney
General
Opinion
allowing
non-‐CPAs
to
offer
reviews
and
compila8ons
in
the
State
of
Maryland,
only
to
be
reversed
by
legisla8on
sponsored
by
MACPA
the
State
Board
in
2010
rever8ng
back
to
the
original
intent
of
the
1924
law.
23. Maryland
CPA
Facts
More
than
100
MACPA
members
call
our
senators
and
we
defeat
the
amendment!
24.
25. Maryland
CPA
Facts
“A large field for the ladies”
MACPA was one of the first
organizations to recognize
the importance of women in
the CPA profession with the
admittance in 1909 of two
members, Elsa Doetsch and
Florence Hooper.
The Maryland BAR would
not admit women until 1946
Source: MACPA History Book
26.
27.
28. MACPA’s CEO is on
the 2014 List of the
Top 100 Most
Influential People in
the Accounting
Profession by
Accounting Today
Magazine. It is Tom’s
10th year on the list.
29. Maryland
CPA
Facts
Maryland continues to be a leader in the CPA
Profession and recognized as an innovator.
30.
31. Maryland
CPA
Facts
MACPA members have a competitive
edge with 24 hours of free CPE and the
best learning resources in the CPA
Profession
32. Maryland
CPA
Facts
MACPA can help you maximize your career trajectory
through our Business Learning Institute’s leadership
training.
http://cpa.tc/thebounce
33.
34. Maryland
CPA
Facts
• “Associa8on
members
earn
higher
salaries,
like
their
jobs
more,
and
are
happier
people,
on
average,
than
those
that
do
not
join
associa8ons.”
-‐
Where
the
Winners
Meet:
Why
Happier,
More
Successful
People
Gravitate
Toward
Associa8ons
Study
by
William
E.
Smith
35.
36. Association by Seth Godin
Who you hang out with determines what
you dream about and what you collide with.
And the collisions and the dreams lead to
your changes.
And the changes are what you become.
Change the outcome by changing your
circle.
37. Welcome to the CPA Profession!
Congratulations New CPAs!
The Maryland Association of CPAs
www.macpa.org