Lately, I have been hearing people say that the CPA profession has been acting more like an industry than a profession.
An industry is primarily concerned only about itself and often focused entirely on market share and growth and not much else.
A profession is concerned with the public interest and the sustainability of its discipline AND its constituents and their organizations.
See the difference?
What does it mean to be considered a profession?
There are three things that differentiate a profession from an industry:
- A distinct body of knowledge (GAAP, auditing standards, tax and more).
- A commitment to ethics and a code of conduct.
- A public interest.
This is our chance to celebrate our profession and recognize our newest members and emphasize our public interest.
This year the State Board will be handing out the CPA license certificates to the new CPAs and we are honored to have Maryland’s newly appointed DLLR Secretary Leonard Howie III joining us. We will be recognizing the largest group of CPA exam passers in the past five years, an increase of 229 percent since our first ceremony in 2007.
See the highlights from last year’s ceremony below:
Bill captured the significance of this event in his post titled, Oath an ‘Exclamation Point’ on New CPAs Milestone.
I think we are still a profession, and at the MACPA we want to make sure we stay a profession. We believe in CPAs and our profession. It’s been our core purpose since 1901.
Will you be joining us on Nov. 1?
Click here to register.