The Impact of Being Involved In a CPA Association

by | Feb 28, 2024 | Culture, Career

Numerous associations cater to a wide range of interests, uniting individuals who share common passions and experiences. Within this diversity of associations, the CPA association often gets overlooked. Achieving the status of a Certified Public Accountant (CPA) represents and symbolizes years of continuous education and experience. While becoming a CPA is an initial and important milestone in your career journey of an accountant, active involvement in a CPA association stands as a great next step. In this blog, I will explain the advantages of becoming an active member in a local CPA association and how it will contribute to your professional growth.

What is a CPA Association? Why is it Important?

CPA Associations are independent professional societies for certified public accountants (CPAs), which exist in all 50 states, as well as Washington D.C., Guam, Puerto Rico, and the Virgin Islands. These professional organizations exist for many reasons. They provide opportunities to network with other CPAs and businesspeople, give you distinction among accountants, advocate for the profession through relationships with legislators and public relations efforts and they offer education resources related to the industry.

Expands Your Network

CPA associations sponsor networking events aimed at bringing CPAs together with those involved in the business decisions of various organizations. These gatherings provide a platform for CPAs to talk to each other about issues and ideas that only they understand. These activities also create opportunities for CPAs to connect with other businesspeople. Such introductions may result in referrals or the chance to perform accounting work for organizations that the CPA may otherwise not have been able to connect with. These encounters contribute to growth in your accounting practice and an expansion of your network of professional contacts.

Distinguishes You From Other Candidates

As a CPA, you are already set apart from non- licensed accountants. However, by becoming an active member in your local CPA association, you further differentiate yourself from other CPAs, including potential co-applicants or coworkers. By being involved, you show interest in your career and the resources made available to you. This initiative not only signals your commitment to the profession but also serves as a clear indicator to current or future employers of your dedication. Being involved could be the competitive advantage that you need to get the job you want or to obtain a promotion.

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Provides Opportunities to Advocate for the Profession

These associations also advocate for CPAs by creating and maintaining relationships with lawmakers and keeping up to date on bills and legislation that could affect the accounting industry. Through advocacy, CPA associations provide valuable insight into the profession, enlightening legislators who may lack direct industry experience. Keeping lawmakers informed of certain key issues is one way the association represents their members and keeps their best professional interests in mind. Furthermore, these associations often lead campaigns to encourage people from student level to seasoned accountants, to obtain a CPA license and enjoy all the benefits of licensure. They highlight the benefits associated with a CPA association membership, emphasizing all they have to offer.

Access To Additional Educational Resources

Some CPA associations offer annual membership fees that include access to free or discounted continuing education necessary for annual license renewal as well as the annual ethics requirement. These Continuing Professional Education (CPE) credits are typically available year-round and cover many topics of interest. This is particularly important given the frequent updates and changes in tax rules and audit standards, which is vital knowledge for any CPA. Additionally, these associations host conferences and seminars offering valuable knowledge and information related to the accounting industry.

In Summary

In essence, active participation in a CPA association yields dual advantages—personal and professional. It not only fosters individual growth but also contributes to the collective strength and advocacy of the accounting profession. Don’t miss out on the opportunity to enhance your professional development, stay ahead in your field, and enjoy the advantages of an active membership. Contact your local CPA association today and take the next step in advancing your career in the world of accounting.

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