Whether you’re a CPA candidate, a CPA, or a college undergrad, you’ve heard of the AICPA. The AICPA, or American Institute of Certified Public Accountants, is the national organization for CPAs. Membership in the AICPA is not mandatory for CPAs, but it is very beneficial.
Membership Category
Anyone who is not a member of the AICPA. Seven AICPA categories are adhered to. In addition to regular AICPA membership for licensed CPAs, there are also AICPA membership categories for those who have passed the CPA exam but are not licensed (Associate), students, International Associates, non-CPA accountants, CPA candidates, and non-CPAs. partners (who are employed by CPA firms but are not CPAs).
The annual dues you owe to the AICPA depend on your role, industry, or work status. If you are a student partner, many of your debts will be below that of a partner in a CPA firm. Dues are subject to change at any time, so if you are interested in becoming an AICPA member, I encourage you to visit the AICPA website.
Why I think AICPA Membership is important for every CPA
I think that AICPA membership is very important for CPAs. Although I am not a practicing CPA (that is, I am not employed in the public) I am a member of the AICPA. The AICPA is an important association for three reasons. First, AICPA members get great term life insurance rates and other money saving benefits. Second, you are an important part of a network of professionals. If you become unemployed or want a job change, there is a network of professionals ready, willing and able to help you. Finally, the AICPA has many CPE (Continuing Professional Education) programs. If you are a member of the AICPA, the CPE solutions offered by the AICPA will be offered to you at a reduced price.
Term Life and Other Money Saving Benefits Offered Through AICPA Membership
It’s a big time in the life of AICPA members. Term rates for spousal life insurance are so low. The best part of this AICPA member benefit is that every year, they pay and refund the AICPA premiums less the death benefits. the rest to members of the AICPA. Although the refund is not guaranteed, they are given every year after eighty.
AICPA membership boasts more than just low term life insurance rates! AICPA members save money on things like Dell computers, Hertz rental cars, Charybdis appliances, and Starwood hotels.
AICPA Membership is a safe part of the professional community
Without ceasing to skyrocket, being part of a community of professionals is key to your financial future. People who can relate to each other because they are in a group of professionals sharing common goals are more likely to help each other. Showcasing your AICPA membership on your resume shows potential employers who are committed to your career.
AICPA Membership helps you with your CPE
CPE is essential for any licensed CPA. In addition to your state’s CPE requirements, AICPA members must also meet certain CPE requirements. According to AICPA members, there are many CPE options. First of all, you can get a certain amount of CPE each year just by reading the Accountancy Journal and taking quizzes. Subscription to the Journal of Accountancy is complimentary with many AICPA document packages.
In addition to CPE through the Accountancy Journal, an AICPA member can participate in live seminars, purchase CPE books and also participate in online CPE opportunities. All CPE opportunities offered by the AICPA are discounted for AICPA members. Chances are, if you rely on the AICPA for all of your CPE, you’ll save more through the discounted CPE prices than you paid for the membership!
In conclusion, AICPA membership is very important for CPAs and accountants. Not only is it a community of professionals, but it also helps you save money. If you are worried about tax fees, most employers will pay the annual fee. If they don’t, chances are you’ll save more by taking advantage of the various AICPA membership benefits than paying your dues.
Resources:
www.AICPA.org
