Each 2024 issue of The Kentucky CPA Journal contained historical content in celebration of our 100-year anniversary. This issue wraps up our journey down memory lane and how the Society empowered CPAs in Kentucky throughout the last 100 years. The work, energy and passion that CPA members put forth together as a Society made and continues to greatly impact Kentucky citizens, businesses, legislation and the CPA profession. In this issue, the focus is the history of the Kentucky Society of CPAs and the CPA profession in Kentucky from 2000 through today.
The Society’s Accounting Pipeline Task Force had their first meeting on October 4 and the timing could not have been better. AICPA and NASBA had recently released the proposed “CPA competency-based experience pathway,” which is open for comment through December 6. The pathway’s goals are to respond to market changes and expand opportunities for the next generation of accountants.
The AICPA and NASBA have proposed changes to the Uniform Accountancy Act (UAA), a key document that sets national professional standards for CPAs. The proposed updates aim to maintain consistency while providing flexibility in response to market changes.
2024 was another eventful year for the Kentucky General Assembly during the spring Legislative Session, with the passing of various policy reforms. Policymakers made significant modifications to Kentucky’s tax code with major impacts on the state’s business community.
The following is select recent federal and Kentucky developments that you may find interesting.
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.
Each issue in 2024 of The Kentucky CPA Journal will contain historical content in celebration of our 100-Year anniversary.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.
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.
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.
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!
