The Society of CPAs in Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont are merging into one regional New England body.
The newly formed body, which is expected to have 14,500 members, will be called the New England Society of CPAs, the newly formed organization announced on Monday. It will be led by Massachusetts Society of CPAs President and CEO Zach Donah, who will serve as president and CEO of the group.
The merger is intended to consolidate resources and expertise in order to help members as they navigate changes in technology, workforce development, regulation, and business models. State-specific advocacy and engagement will continue through local leadership.
This combination is aimed at helping attract and develop future CPAs by increasing capacity to engage in outreach to students and would-be accountants, amid an ongoing workforce shortage in the industry.
“This merger reflects the way many firms, organizations, and professionals already work today, across state lines and throughout the region,” Donah said in the announcement.
Monica Benevides is a correspondent for Worcester Business Journal.
