A MAJOR MILESTONE IN ACCOUNTING HISTORY, BROKEN DOWN BY (WHAT ELSE?) THE NUMBERS It’s a proud moment in the AICPA’s 127-year history: Membership has now surpassed 400,000. That’s a whole lot of CPAs making sense of a changing and complex world for clients, companies, and organizations around the globe. Here are a few other facts and figures to help commemorate the occasion. Learning and Development: The 70/20/10 Model6 AICPA Members’ Core Values3 EDUCATION 2% GOVERNMENT 3% INFORMAL, ON-THE-JOB, EXPERIENCE-BASED METHODS 70% RETIRED AND MISCELLANEOUS 9% Integrity 91% Competence Business decision-makers who say CPAs are valuable assets to their organizations.2 Learning Objectivity Excellence 79% 78% 40,350 CPA firm respondents who predicted international growth for their firms in the next five years.4 CPA firm high potentials who participate in mentoring programs.7 New accounting graduates hired by CPA firms in 2012, a 164% increase over 2002.8 Relevance MANAGEMENT ACCOUNTING 39% 68% PUBLIC ACCOUNTING 46% ESSENTIAL AND ENDURING Remaining substantially unchanged since the beginning, the core values of the profession keep CPAs on track in a changing global economy. AICPA Voting Membership1 MEMBERSHIP THROUGH THE YEARS 1887 22 MEMBERS 1901 103 MEMBERS 1 AICPA data based on voting membership total of 365,466 that does not include student, associate, or affiliate members. Percentages do not add up to 100% due to rounding. 2 2013 Applied Research & Consulting LLC survey. 3 CPA Horizons 2025 Report. 4 2013 AICPA Private Companies Practice Section (PCPS) survey of 251 CPA firms. 5 12-month growth forecast from AICPA Business and Industry Economic Outlook Survey, 3Q 2014. CPA business and industry decision-makers who expect their businesses to expand.5 1947 10,696 MEMBERS COACHING, MENTORING, AND DEVELOPING THROUGH OTHERS 20% FORMAL INTERVENTIONS AND STRUCTURED COURSES 10% 2000 337,454 MEMBERS 9 2014 400,000+ MEMBERS 6 Michael M. Lombardo and Robert W. Eichinger, The Career Architect Development Planner, as cited in the AICPA report The Future of Learning. 7 The PCPS 2011 Top Talent Study survey of high potentials and their leaders. 8 AICPA 2013 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits survey. 9 Excluding student, associate, and affiliate members.