Former
AICPA Chair Begins Two-Year Term
NEW YORK - Saturday, November 17th
2012 [ME NewsWire]
(BUSINESS WIRE)--
The American Institute of CPAs is pleased to
announce that Olivia Kirtley, CPA, CGMA, has been elected to a
two-year term as deputy president of the International Federation of
Accountants (IFAC). Kirtley succeeds Warren Allen, the newly appointed
president of IFAC. She is the first female Deputy President in IFAC history, as
well as the first representative from the business community to serve in that
position.
IFAC is the global organization for
the accountancy profession dedicated to serving the public interest by
strengthening the profession and contributing to the development of strong
international economies. It is comprised of 173 members and associates in 129
countries and jurisdictions, representing approximately 2.5 million accountants
in public practice, education, government service, industry, and commerce.
As deputy president, Kirtley takes
on the role of chair of the Planning and Finance Committee, which works
directly with IFAC staff to develop the organization’s strategic plan.
Additionally, she will become chair of the IFAC Board’s Constitution Review
Working Group and serve as a member of the Nominating Committee and the IFAC
Regulatory Liaison Group.
“There are numerous issues facing
the global business world. Olivia's election as Deputy President of the
accountancy profession's global professional body is important for both the
business community and the profession,” said Barry Melancon, CPA, CGMA, president and CEO of
the AICPA. “Her perspective as former Chairman of AICPA, a former CFO and
presently as board member of several companies makes her uniquely qualified for
this critical international leadership role for the profession.”
Kirtley has a long history of
service to the profession, having previously served on the independent IFAC
Task Force on Rebuilding Public Confidence in Financial Reporting in 2002 and
2003. She became a member of the IFAC Board in November 2007.
In 1998, Kirtley was the first woman
to be elected chairman of the Board of Directors of the AICPA and continues to
serve as a member of the governing Council. From 2000 to 2003, she was chairman
of the AICPA Board of Examiners, during which time the Uniform CPA Examination
was converted from pencil-and-paper to a computer based exam.
In 2003, the AICPA awarded her its
Gold Medal in recognition of her exemplary leadership and service to the
accountancy profession.
“Olivia’s CPA and CGMA credentials
demonstrate deep financial and management accounting experience that is crucial
to the future of a profession that underpins the global economy,” said Charles
Tilley, FCMA, CGMA and CEO of the Chartered Institute of Management Accountants,
which created the Chartered Global Management Accountant (CGMA) designation
through a joint venture with the AICPA. “The demands on accountants are
intensifying around the world, and Olivia has the insight and vision to ensure
the profession keeps pace with the challenge.”
About the AICPA
The American Institute of Certified
Public Accountants (AICPA) is the world’s largest member association
representing the accounting profession, with nearly 386,000 members in 128
countries and a 125-year heritage of serving the public interest. AICPA members
represent many areas of practice, including business and industry, public
practice, government, education and consulting.
The AICPA sets ethical standards for
the profession and U.S. auditing standards for audits of private companies,
nonprofit organizations, federal, state and local governments. It develops and
grades the Uniform CPA Examination and offers specialty credentials for CPAs
who concentrate on personal financial planning; fraud and forensics; business
valuation; and information technology. Through a joint venture with the
Chartered Institute of Management Accountants (CIMA), it has established the
Chartered Global Management Accountant (CGMA) designation to elevate management
accounting globally.
The AICPA maintains offices in New
York, Washington, DC, Durham, NC, and Ewing, NJ.
Media representatives are invited to
visit the AICPA Press Center at aicpa.org/press.
Contacts
American Institute of Certified
Public Accountants (AICPA)
James Schiavone, 212-596-6119
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