AICPA will retain specialty credentials.

• Position: American Institute of Certified Public Accountants - Brief Article

At its fall 2003 meeting, the AICPA governing Council passed a resolution to retain the AICPA's Personal Financial Specialist (PFS), Certified Information Technology Professional (CITP), and Accredited in Business Valuation (ABV) specialty credentials. As part of its approval, Council affirmed an increased investment by the AICPA in the overall personal financial planning, information technology and business valuation and forensic and litigation services specialty practice areas, focusing on building the bodies of knowledge and disciplines that serve as the foundation to the specialty credentials and the related membership sections.

The AICPA will integrate activities of the National Accreditation Commission (NAC), relevant Executive Committees and AICPA staff in meeting credential holders' professional needs. As part of this effort, the AICPA will also develop tools and resources to help credential holders succeed in their professional activities. The resources include toolkits, advanced training, and...