AICPA Unites with Most Other National Professional Accounting Organizations

The American Institute of Certified Public Accountants has combined with equivalent organizations in most other major commercial countries to form the Global Accounting Alliance (GAA). Other than the AICPA, English-speaking organizations involved in the GAA include the Institute of Chartered Accountants in England and Wales (ICAEW), Institute of Chartered Accountants in Australia (ICAA) and the Canadian Institute of Chartered Accountants (CICA). The AICPA is expected to play a major role in the new organization and its goals of increasing professionalism of the field, its membership of 337,000 comprise almost half of the membership of the various bodies in the GAA.