The American Institute of CPAs’ board of directors has extended Barry Melancon’s term as president and CEO for another five years.

Melancon has been in charge of the institute since July 1995, and previously served as executive director of the Society of Louisiana CPAs. “Barry has made an enormous contribution to the CPA profession over the past 14 years, and the board is exceptionally pleased that he will continue to serve as president and CEO,” said AICPA chairman Ernie Almonte in a statement.

Under his leadership, the institute has strengthened the accounting profession's voice in public policy debates; fortified the profession’s role in business, finance and capital markets; increased the number of accounting students; created the Center for Audit Quality; implemented the computerized CPA Exam; and launched a national effort to address financial illiteracy.

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