Louisiana House Bill HR98

Louisiana 2019 Regular Session

• Introduced: 5/2/19
• Passed: 5/6/19

Caption

Recognizes May 6, 2019, as CPA Day at the state capitol

Impact

By officially recognizing CPA Day, the resolution aims to elevate the profile of the accounting profession and its essential role in Louisiana's economy and society. This acknowledgement serves not only to inform the public about the valuable services provided by CPAs but also to promote financial literacy resources that they offer. The recognition can lead to increased visibility for the profession, potentially benefiting both practitioners and the communities they serve.

Summary

House Resolution 98, sponsored by Representative Stokes, designates May 6, 2019, as CPA Day at the state capitol to recognize and honor the contributions of Certified Public Accountants (CPAs) in Louisiana. The resolution highlights the importance of the Society of Louisiana Certified Public Accountants (LCPA), which has served as the leading association for accounting professionals in the state since its establishment in 1911. The LCPA plays a crucial role in advocating for the profession, serving approximately six thousand CPAs across various sectors including public practice, industry, government, and education.

Sentiment

The sentiment surrounding HR98 is largely positive, as it celebrates the contributions of CPAs and seeks to enhance public understanding of their importance. The resolution is an endorsement of the professionalism and integrity of the accounting profession, creating a sense of pride among CPAs while fostering goodwill between accounting professionals and the government. The positive acknowledgment from the House of Representatives further strengthens the relationship between the CPAs and lawmakers.

Contention

There does not appear to be significant contention surrounding HR98, as it serves primarily as a ceremonial recognition rather than a piece of legislation that proposes policy changes or regulatory adjustments. However, the effectiveness of such resolutions can sometimes be debated in terms of their impact on actual policy or public engagement in the issues they highlight. Given that 'CPA Day' is aimed at appreciation rather than reform, the focus remains on honoring the profession rather than navigating contentious issues.