You may not know this but AICPA leadership consists mostly of the same old white guys; a complaint you hear often, not something I made up just now. I don't personally have any issues with those old white guys and actually like some of them but it's worth noting that AICPA leadership could use a […]
Suddenly we’re really into anything she has to say, made even more addic��������������������point on international standards and affinity for acronyms that no one can keep up with. We like that in a woman. “Please note that the AICPA supports international standards and believes in adoption as an ultimate goal, but requiring adoption at this time is unrealistic.” Talk about a siren’s call.
Suz isn’t really in the news too much (most of the face time goes to Barry Melancon) but we managed to find a recent comment letter to the Senior Technical Manager of the Compliance Program at the International Federation of Accountants that she wrote:
May 31, 2011
Senior Technical Manager
International Federation of Accountants
545 Fifth Avenue, 14th Floor
New York, New York 10017
Dear Senior Technical Manager,
The American Institute of CPAs (AICPA) is pleased to comment on the IFAC exposure, Proposed IFAC Member Body Compliance Program Strategy 2011-2014.
We applaud the Compliance Advisory Panel’s (CAP) effort to provide a work plan and timeline to the Terms of Reference (TOR) approved by the IFAC Board in September 2008 for future CAP activities. These activities continue to enhance the Member Body Compliance Program and meet the expectations of the Public Interest Oversight Board (PIOB) in its oversight of CAP, as an important public interest activity committee (PIAC) within IFAC.
[Six sentences filled with so many acronyms that it reads like 1st Grader’s handwriting class.]
The new concept of “adoption” suggests that member bodies and/or their country’s governments should turn over their role in standard-setting for the profession to international groups without question. We submit that this approach is not acceptable in current international and national political environments. Therefore, CAP should not require IFAC member bodies to achieve a level that is not practical nor realistic, setting up the Member Body Compliance Program for failure. [Do we have a dominatrix on our hands?]
We feel strongly that the current Best Endeavors goal with its convergence objective is currently working and should continue without any further consideration of elevating this benchmark to total adoption. Please note that the AICPA supports international standards and believes in adoption as an ultimate goal, but requiring adoption at this time is unrealistic [Adrienne is fanning herself]. This would create a situation where most member bodies would be in violation of the IFAC Compliance Program and would continue in violation for the foreseeable future.
Thank you for the opportunity to comment on this important exposure, and we appreciate your consideration of our concern.
Susan S. Coffey, CPA
Senior Vice President
Member Quality and International Affairs
So not exactly Hafiz but we’re still smitten. How did this CPA-soaked Cupid’s arrow strike us, you ask? Adrienne saw her speak at AICPA Spring Council and was completely in awe from even before she said, “Good afternoon, I’m Susan Coffey.” As she was debriefing me about Tom Hood’s boyish charms and whatnot, I happened to ask if there were any females that had any qualities prized by the superficial man. Of course that’s when she launched into Ms. Coffey’s speech at the Council. She couldn’t really remember what was being said but then she pointed me to her picture and then our conversation turned to a possible future hottie contest on GC (Susan would be a #1 seed, natch) that has yet to develop.
ANYWAY, we’ve discussed this crush at length and we decided it was time that we jointly confess our affections to the GC faithful. What do we exactly do we want to accomplish with this admission? Drinks and appetizers would probably be a good start. Getting in touch, Susan, is easy. Email us here.
Now that we’ve sufficiently put ourselves out there, dear readers, feel free to send us any nominations you have for accountants that you’d like to see in a future hottie contest. We’ll do the appropriate due diligence once we feel that enough worthy candidates have been submitted but just know that Ms. Coffey will be in field.