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Draft:New Jersey Society of Certified Public Accountants

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  • Comment: Organisation does not meet NCORP — MaxnaCarta  ( 💬 • 📝 ) 01:26, 20 November 2023 (UTC)


The New Jersey Society of Certified Public Accounts (NJCPA) is a professional organization for Certified Public Accountants (CPAs), accounting professionals, and students in the state of New Jersey. Founded in 1898[1], it is one of the oldest state societies in the United States and has furthered education, advocacy, and community engagement on behalf of its members since its founding. As of 2023, the NJCPA represents more than 13,000 members throughout New Jersey.[2]

The NJCPA provides continuing education programs, networking opportunities, and regulatory resources to its members, and engages in advocacy efforts to influence legislation and regulatory matters affecting CPAs at the state and national levels. It also provides scholarship programs for students pursuing careers in accounting.[3]

Leadership

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On May 1, the NJCPA announced[4] the appointment of Aiysha Johnson as its new Chief Executive Officer and Executive Director. She succeeded Ralph Albert Thomas, who retired after serving as the organization's executive for over two decades. Thomas announced his retirement[5] on October 12, 2022.

Before joining the NJCPA, Johnson served on the University of Chicago's Alumni Board and was the vice president and director-at-large of the Chicago Women's Alliance.[6] She was recognized as a Power 50 honoree by NJBIZ in 2023.[7]

NJCPA's President, Edward G. O'Connell, was appointed on June 1, 2023[8]. Mr. O'Connell is a Partner at WithumSmith+Brown and has been a member of the NJCPA since 1997[9]

Philanthropic activities

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Since 2010, the NJCPA has donated more than 22,000 pounds[10] of food to the Community FoodBank of New Jersey. The organization's 14th annual food drive[11], held from September 26 to November 16, 2023, contributed 2,369 pounds of nonperishable items and canned goods.

In 2023, NJCPA awarded $221,500 in scholarships[12] to 53 New Jersey high school and college students to support their educational efforts.

Since 2019, NJCPA has held an annual lottery for its members to partially offset the cost of preparing for and taking the CPA exam, which can exceed $2,500 when factoring in enrollment fees, review courses, and study guides. Each of the ten winners in 2023 received $750 towards their CPA Exam costs.[13]

Annual convention and Ovation Awards

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The NJCPA's annual convention[14] regularly hosts hundreds of CPAs from throughout New Jersey. During the convention, the NJCPA honors CPAs throughout the state with its Ovation Awards[15], which represent outstanding achievements in Diversity, Equity & Inclusion; Exceptional Educators; Emerging Leaders; Impact; Innovation; Lifetime Leader, and Women to Watch. The Ovation Awards were created to recognize "outstanding accomplishments, selfless volunteerism, impactful commitment and a lifetime of dedication to the accounting profession." NJCPA announced the 2023 Ovation Awards winners on October 4, 2023.[16]

Past winners have included Ainsley Reynolds[17], director of accounting for the New Jersey Department of the Treasury's Division of Investment; Peter DeSarno[18], Assistant Professor and Coordinator of Accounting at Bloomfield College of Montclair State University; Michael Polito[19], retired Partner at Deloitte & Touche LLP of Parsippany; and Douglas Stives[20], Specialist Professor in the Accounting Department in the Leon Hess Business School at Monmouth University.

References

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  1. ^ "Faculty Snapshot: The best decision in theory may require adjustments in application". Rutgers Business School. November 8, 2017. Retrieved December 17, 2023.
  2. ^ "No. 1: Aiysha Johnson". NJBIZ. June 26, 2023. Retrieved December 17, 2023.
  3. ^ "New Jersey Society of Certified Public Accountants (NJSCPA)". Fairleigh Dickinson University. Retrieved July 24, 2024.
  4. ^ "NJCPA names its next CEO". Accounting Today. May 1, 2023. Retrieved December 17, 2023.
  5. ^ Perry, Jessica (October 12, 2022). "NJCPA's Thomas announces retirement". NJBIZ. Retrieved December 17, 2023.
  6. ^ Perry, Jessica (May 1, 2023). "NJCPA names CEO to succeed Thomas". NJBIZ. Retrieved December 17, 2023.
  7. ^ Fazelpoor, Matthew (June 26, 2023). "NJCPA leaders gather to break barriers, find new opportunities". NJBIZ. Retrieved December 17, 2023.
  8. ^ O'Bannon, Isaac M. (June 1, 2023). "New Jersey Society of CPAs Names WithumSmith+Brown Partner as President for 2023-2024". CPA Practice Advisor. Retrieved December 17, 2023.
  9. ^ "Edward G. O'Connell". Withum. Retrieved December 17, 2023.
  10. ^ "NJCPA Delivers More Than a Ton of Goods to Community FoodBank". New Jersey Business Magazine. Retrieved December 17, 2023.
  11. ^ O'Bannon, Isaac M. (September 26, 2023). "NJCPA Kicks Off Annual Food Drive". CPA Practice Advisor. Retrieved December 17, 2023.
  12. ^ Lindner, Linda (May 1, 2023). "New Jersey Society of CPAs awards $221,500 in accounting scholarships". ROI-NJ. Retrieved December 17, 2023.
  13. ^ O'Bannon, Isaac M. (November 20, 2023). "New Jersey Society of CPAs Announces CPA Exam Lottery Winners". CPA Practice Advisor. Retrieved December 17, 2023.
  14. ^ Fazelpoor, Matthew (June 26, 2023). "NJCPA leaders gather to break barriers, find new opportunities". NJBIZ. Retrieved December 17, 2023.
  15. ^ "N.J. Society of CPAs accepting nominations for 2023 Ovation Awards". ROI-NJ. June 22, 2023. Retrieved December 17, 2023.
  16. ^ "CSI Alumnus Joseph A. Caplan Wins NJCPA 2023 Ovation Award". CSI Today. College of Staten Island. December 15, 2023. Retrieved December 17, 2023.
  17. ^ "Doctor of Business Administration student receives NJCPA Impact Ovation Award". Rutgers Business School. July 21, 2022. Retrieved December 17, 2023.
  18. ^ "Accounting Professor Awarded NJCPA 2023 Impact Ovation Award". Bloomfield College. October 17, 2023. Retrieved December 17, 2023.
  19. ^ "New Jersey Society of CPAs Honors Michael Polito with its 2022 Lifetime Leader Award". Insider NJ. June 19, 2022. Retrieved December 17, 2023.
  20. ^ Maiden, Michael (June 23, 2021). "NJCPA Honors Stives as "Exceptional Educator" with Ovation Award". News. Retrieved December 17, 2023.