Proposed Amendment to the Society's Bylaws

 

For more information on the proposed change to the Society's bylaws, click here.

In accordance with Section XIV of the Society’s Bylaws, the proposed amendment must be authorized by a two-thirds majority of the votes cast at a meeting of the members of the Society.

TEXT WITH REVISIONS

ARTICLE I — MEMBERSHIP 

(5) Associate Industry/Non-CPA Employee. A person not employed in a CPA firm, but whose employment may include but is not limited to industry, government, a not-for-profit organization, an educational institution, or a business entity other than a CPA firm  or a company described in sub-paragraph (4) of this paragraph, who has a bachelor’s degree and works full time (at least 30 hours per week) in any of the following categories who works under the supervision of a CPA, and who provides or facilitates accounting services or advice to one’s employer or to the client(s) of one’s employer in any and all matters related to accounting, financial, management, tax, or consulting services, or the recording of financial data or information or the preparation or presentation of financial statements, shall be eligible to apply for membership as an associate industry/non-CPA employee.:

(a) as an educator teaching accounting or accounting-related courses at an educational institution, college or university; or

(b) as a non-CPA professional working for the government, industry, non-profit organization, financial, legal or banking services.

Such membership shall terminate at the end of the Society’s next fiscal year immediately following such time as the employment relationship terminates.

(6) Academic associate. A member of the faculty of a college or university offering academic credit that qualifies toward meeting the curriculum requirements necessary to take the CPA examination in a U.S. jurisdiction who teaches accounting, auditing, or taxation shall be eligible to apply for membership as an academic associate. Such membership shall terminate at such time as the member’s status as a member of the faculty terminates.

(b) All associate members must be sponsored by at least one CPA member, except that student members may substitute the endorsement of an accounting department professor for CPA member sponsorship.

(c) From time to time, the Board shall establish the criteria by which associate members evidence their qualification for membership.

(d) Associate members shall not have the right to vote on issues requiring the vote of the Society’s membership.

(e) Associate members shall not be eligible to serve in the following capacities:

(1) Director.
(2) Officer.
(3) Member of the nominating committee.
(4) Member of the audit committee.
(5) Chapter officer.
(6) Committee chairperson, unless the Board acts to provide that an associate member may serve as chairperson for a specified committee.

(f) Except as otherwise provided herein, an associate member is eligible for all Society services and benefits.

FINAL TEXT

ARTICLE I — MEMBERSHIP 

(5) Associate Industry/Non-CPA Employee. A person not employed in a CPA firm or a company described in sub-paragraph (4) of this paragraph, who has a bachelor’s degree and works full time (at least 30 hours per week) in any of the following categories shall be eligible to apply for membership as an associate industry/non-CPA employee:

(a) as an educator teaching accounting or accounting-related courses at an educational institution, college or university; or

(b) as a non-CPA professional working for the government, industry, non-profit organization, financial, legal or banking services.

Such membership shall terminate at the end of the Society’s next fiscal year immediately following such time as the employment relationship terminates.

(b) All associate members must be sponsored by at least one CPA member, except that student members may substitute the endorsement of an accounting department professor for CPA member sponsorship.

(c) From time to time, the Board shall establish the criteria by which associate members evidence their qualification for membership.

(d) Associate members shall not have the right to vote on issues requiring the vote of the Society’s membership.

(e) Associate members shall not be eligible to serve in the following capacities:

(1) Director.
(2) Officer.
(3) Member of the nominating committee.
(4) Member of the audit committee.
(5) Chapter officer.
(6) Committee chairperson, unless the Board acts to provide that an associate member may serve as chairperson for a specified committee.

(f) Except as otherwise provided herein, an associate member is eligible for all Society services and benefits.