Each issue in 2024 of The Kentucky CPA Journal will contain historical content in celebration of our 100-Year anniversary. In this issue the focus is the history of the Kentucky Society of CPAs and the CPA profession in Kentucky during 1975-1999.
When you think about technology, what’s hotter than AI? Can AI be used to help provide tax advice? Given the subject matter, why not ask Google’s Gemini, available at gemini.google.com, and OpenAI’s ChatGPT, available at ChatGPT.com? Let’s start with the basics.
Before becoming a senior lecturer at the University of Kentucky Gatton College of Business and Economics in Lexington, Davis worked in public practice at PricewaterhouseCoopers. Davis has been a KyCPA member for more than 17 years. In addition to her service on the KyCPA Board of Directors, Davis serves on the Nominations and Awards Committee, Finance Committee, and Diversity and Inclusion Committee. She also spends her time promoting the CPA profession and supporting her students even after they graduate.
On June 14, the KyCPA Annual Members Meeting and 100-Year Anniversary Celebration occurred at the Olmsted in Louisville. The celebration was a roaring twenties-themed event and many dressed the part and embraced the fun of the evening!
The Kentucky Society of CPAs (KyCPA) recently welcomed new members to its board of directors. The incoming board members, along with new members of the executive committee and other members of the 2024-2025 board of directors, were recognized at KyCPA's 100-Year Anniversary Celebration and Annual Members Meeting at The Olmsted in Louisville on June 14. They officially began their duties July 1.
Noah Braden CPA, is an accounting advisory manager and shares advice for those working towards a career as a CPA.
Wes Becker, CPA, is a senior tax manager and shares advice for those working towards a career as a CPA.
KyCPA members benefits are continually evaluated to make sure the Society is meeting the needs of members. In the fall of 2023, more than 500 KyCPA members completed the latest member survey. Results of this survey help to reveal opportunities to better serve members and to grow as an organization. One opportunity is to combat some myths that some members may have regarding member benefits and services.
On Monday, April 15, the Kentucky General Assembly adjourned sine die, ending the 2024 60-day Legislative Session. With the passage of the Commonwealth’s two-year budget serving as the legislature’s top priority, tax policy updates, CPA educational modifications, and business legislation were enacted into law. Following Governor Andy Beshear’s re-election to a second term in November, an initial Executive Branch budget proposal was revealed in late December. Although the Governor can provide recommendations for funding the Executive Branch, the General Assembly has sole power over the state’s appropriations process. Kentucky operates on a two-year, biennial budget for all parts of its government. The 60-day Sessions are designed specifically to address the biennial budget and revenue matters.
Each issue in 2024 of The Kentucky CPA Journal will contain historical content in celebration of our 100-Year anniversary. In this issue the focus is the history of the Kentucky Society of CPAs and the CPA profession in Kentucky during 1950-1974.
