On April 12 at around midnight, 116 years ago, the MACPA was born.
According to the MACPA’s history book, that is the time that Maryland Gov. John Smith “signed the bill…and the same became the law of the State of Maryland.” Maryland became the third state in the nation to have a “Certified Public Accountancy” law with an examination and a State Board to oversee this new profession, which was created to usher in the new industrial age in the United States. Then as now, the MACPA had committees on legislative action to promote and protect the CPA profession.
Early founders of the MACPA were active in New York and Pennsylvania in creating CPA laws in those states, and our history shows that Maryland CPAs were involved in the formation of the predecessor of the American Institute of CPAs (founded in 1887 in New York). The video below was produced during the 125th anniversary of the AICPA in 2012 and captures the evolution of the CPA profession from the cradle of civilization to today.
The MACPA has played a major role in shaping the CPA profession since its founding after the law was passed in April 1900. One area to highlight is our role in diversity and inclusion from our humble beginnings in 1900. Here are a few interesting historical notes from our history book: