CalCPA celebrated the 125th anniversary of the Accountancy Act, kicking off by lobbying at the state capitol in Sacramento.
During its annual CPA Day on Feb. 4, where California CPAs advocate for issues with legislators, Sen. Roger Niello introduced Senate Concurrent Resolution 111 to commemorate the 125th anniversary of the adoption of the Accountancy Act, which was signed into law in 1901 and established the CPA profession as a licensed profession in California, along with the creation of the California Board of Accountancy to oversee it.
This year, discussions touched on topics including state policy priorities, business policy outlooks, state budget insights and Board of Accountancy activities. Niello and California Treasurer Fiona Ma, who are both CPAs, headlined presentations at a legislative summit.
"One of our most important events, CPA Day gives our members the forum to speak directly with our state's leaders, whether about business outlooks broadly, or certain policies specifically," said Denise LeDuc Froemming, CalCPA's president and CEO, in a statement. "Engaging with elected leaders allows our members to make a real impact, on behalf of the 40,000-plus accounting professionals we support."
Established in 1903, CalCPA is the largest state society in the country.
"The resolution underlines CPAs' central role in the state's economy, especially moving forward, as part of organizational sustainability reporting, AI assurance and evolving tax issues," said Jillian Phan, CalCPA's chair. "We're proud to help grow the profession and set up the profession for the next 125 years."
Correction: A previous iteration of this article incorrectly stated that CalCPA was celebrating its 125th anniversary.
