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FAE Board of Trustees Nominations

If you are interested in serving on the Foundation for Accounting Education (FAE) Board of Trustees, now is the time to submit your nomination.

The FAE, a 501(c)(3) organization and an affiliated entity of the NYSSCPA, is very important to the members of the Society and its mission because it administers the lifelong learning program for New York state CPAs. The central importance of the FAE’s efforts for New York CPAs makes service as a FAE trustee a highly fulfilling activity for members interested in giving back to the profession.

As the educational arm of the NYSSCPA, the FAE has its own governing body—a nine- to 12-person Board of Trustees—nine of whom serve a three-year term. Those terms are evenly staggered, so three vacancies occur each year. According to its bylaws, the FAE’s Board of Trustees acts to fill those vacancies on the FAE board from a pool of six or more candidates nominated by the Society’s Board of Directors.

Trustee responsibilities

FAE trustees typically meet four times a year to conduct the business of the Foundation. They are responsible for approval of the FAE budget, setting the general direction for educational programs, evaluating curriculum, and developing strategies for program diversification and effectiveness. There is no compensation for service on the FAE board.

Eligibility requirements

According to the FAE bylaws, to serve on the FAE board, a prospective candidate must be a CPA and a member in good standing of the NYSSCPA. Trustees are appointed based on their interest and ability to contribute to the educational goals of the Foundation. Trustee selection, to the extent possible, represents a cross section of the Society’s membership, in terms of geography and areas of professional practice.

Over and above the bylaw requirements, it is beneficial for candidates to have taken FAE courses or to have been responsible for sending others to FAE programs. In addition, candidates should be familiar with the market for adult learning in a continuing professional education environment. The FAE primarily targets small and medium-sized CPA firms and is expanding into programs for industry CPAs, as well.

How to submit a nomination

Those interested in serving should send an email to the attention of NYSSCPA President-elect Ita M. Rahilly at presidentelect@nysscpa.org by Feb. 22, 2019, at 12 p.m. (EST). The email should include a résumé and a statement of interest and ability to contribute to the educational goals of the Foundation. Candidate information will be forwarded to the Selections Subcommittee of the NYSSCPA Board of Directors, which will propose to the Society’s Board of Directors the names of individuals to fill the three FAE vacancies. The Society’s Board will submit at least six nominees to the FAE Board of Trustees. The FAE board then appoints three individuals from among the nominees submitted by the Society’s Board to become FAE trustees.

If you are interested in serving on the FAE Board, a nomination must be submitted by Feb. 22, 2019, at 12 p.m. (EST).