Academic journal article Journal of Accountancy

Kathy Eddy Defines Strategy at Inaugural

Academic journal article Journal of Accountancy

Kathy Eddy Defines Strategy at Inaugural

Article excerpt

In October Kathy G. Eddy assumed the chairmanship of the AICPA board of directors, succeeding Robert K. Elliott.

In her inaugural speech Eddy outlined her concept of the AICPA as the "professional home" to every CPA and added, "As far as I'm concerned, the letters `A' and `I' that start our name have a second--and perhaps even more important--meaning. They stand for `All Inclusive.' That means CPAs of every ilk--young and old; men and women; in government; in industry; in small, medium or large firms; in education."

Eddy urged her vast constituency of CPAs to accept challenges and embrace change. "Be a steward of change. Pave the way for your professional heirs. Ours is a noble profession. People benefit because this profession exists."

A former president of the West Virginia Society of CPAs and the West Virginia Board of Accountancy, Eddy called on the members of the AICPA and the state CPA societies to work closely to realize the objectives of the Vision Process, a long-range effort to reposition the accounting profession.

"The Vision is our blueprint for survival and service for the early part of this century," she said. "We are now taking that Vision and drilling down to where CPAs live and breathe."

The Eddy acid test

For determining what projects she will support in her year as chairman, Eddy has devised an "acid test." Projects and initiatives must meet certain criteria to pass it. …

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