Illinois CPA Society

Illinois CPA Society| Add a Photo

Formation| 1903
Type| Nonprofit organization
Headquarters| Chicago
Location|

* America

Services| statewide professional associations for CPAs

Membership

| 23,300-plus voluntary members

The Illinois CPA Society (ICPAS) became the seventh state-level accounting organization to form in the U.S. when it was founded in 1903.[1]. Headquartered in Chicago, ICPAS has grown to be one of the largest statewide professional associations for CPAs[2] (certified public accountants) in the U.S., representing a stated 23,300-plus voluntary members[3] as of January 2021. ICPAS also has a satellite Government Relations office located in Springfield, Ill. to support its advocacy efforts.

## Contents

* 1 Mission
* 2 Leadership
* 3 CPA Endowment Fund of Illinois
* 4 In the media
* 5 References
* 6 External links

## Mission[edit]

ICPAS' mission statement of "enhancing the value of the CPA profession" serves to guide the organization's efforts to provide meaningful advocacy, connections, education, and information to its members, the accounting and finance profession, and the public.

## Leadership[edit]

ICPAS' president and CEO serves as the organization's public-facing leader. This role is currently held by Todd M. Shapiro, who was appointed to the position in 2013[4] after serving as the organization's CFO since 1998. During his time as president and CEO, Shapiro has expanded his engagement and influence in the accounting profession, and was recognized by Accounting Today as one of the "Top 100 Most Influential People in Accounting" for the sixth time in 2020[5].

ICPAS adheres to a set of formal bylaws[6] and is governed by an appointed board of directors[7]. Dorri C. McWhorter, CPA, CGMA, CITP, CEO of YWCA Metropolitan Chicago[8], became the first Black chairperson[9] to lead the ICPAS Board of Directors when she was appointed for the 2020-2021 term[10]

## CPA Endowment Fund of Illinois[edit]

The CPA Endowment Fund of Illinois (the "Fund") serves as the charitable arm of ICPAS. It is a 501 (c)(3) charitable organization formed in 1998 by ICPAS members to ensure ongoing funding for ICPAS scholarship and outreach programs. Funded by voluntary donations, the Fund's programs are geared toward attracting students, particularly women and underrepresented minorities, to the CPA profession and supporting students who alone cannot keep up with the rising costs of the educational requirements necessary to become a CPA.

One of the Fund's primary programs is the Mary T. Wylie Internship Preparation Program[11], which was established[12] to aid African American and other racial and ethnic minority college students in entering the accounting profession by providing training, resources, mentors, and interviews that could lead to paid internships or full-time jobs. The program is funded by donations to the Fund's Mary T. Washington Wylie Opportunity Fund, which honors the legacy of Mary T. Washington Wylie[13], a Chicagoan and Northwestern University graduate who became the first African American female CPA in the U.S. in 1943[14].

The Fund is governed by a board of directors[15] independent from the ICPAS Board of Directors.

## In the media[edit]

## References[edit]

1. ↑ "Founding years for state-level accounting organizations". Journal of Accountancy. 2012-06-01. Retrieved 2021-01-22.
2. ↑ "State Societies of CPAS | Encyclopedia.com". www.encyclopedia.com. Retrieved 2021-01-22.
3. ↑ "About the Illinois CPA Society". www.icpas.org. Retrieved 2021-01-22.
4. ↑ "Illinois CPA Society Names Todd Shapiro as CEO". Accounting Today. 2013-06-11. Retrieved 2021-01-22.
5. ↑ "The Top 100 People: Remaining relevant". Accounting Today. 2020-12-30. Retrieved 2021-01-22.
6. ↑ "Bylaws". www.icpas.org. Retrieved 2021-01-22.
7. ↑ "Board of Directors". www.icpas.org. Retrieved 2021-01-22.
8. ↑ "Executive Team". YWCA Metropolitan Chicago. Retrieved 2021-01-22.
9. ↑ "IN Play: Q&A With Dorri C. McWhorter, CPA, CITP, CGMA". www.icpas.org. Retrieved 2021-01-22.
10. ↑ Apr 2, INSIDE Public Accounting |; Associations, 2020 |; People | 0. "Illinois CPA Society Announces 2020-21 Board of Directors | InsidePublicAccounting". Retrieved 2021-01-22.`{{cite web}}`: CS1 maint: numeric names: authors list (link)
11. ↑ "Mary T. Washington Wylie Internship Preparation Program". www.icpas.org. Retrieved 2021-01-22.
12. ↑ "Mary T. Washington Wylie (MTWW) Internship Preparation Program". CEO Action for Diversity & Inclusion. Retrieved 2021-01-22.
13. ↑ Koppel, Lily (2005-07-25). "Mary T. Washington, First Black Woman to Earn C.P.A. Credential, Is Dead at 99 (Published 2005)". The New York Times. ISSN 0362-4331. Retrieved 2021-01-22.
14. ↑ "Washington, Mary T. | Encyclopedia.com". www.encyclopedia.com. Retrieved 2021-01-22.
15. ↑ "Leadership". www.icpas.org. Retrieved 2021-01-22.

## External links[edit]

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