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Letters to the Editor

Good Idea May Not Be So Good After All
Re: AICPA's Plan for Cognitor Designation Forges Ahead
From: Bill Downs, wdownscpa@earthlink.net

A lot of the "chat" on the cpatalk listserve is negative toward the idea of "Cognitor". I think many of us are concerned that it diminishes the CPA certificate.

One of Bob Elliot's arguments for "Cognitor" is really amusing: "If we don't do it, someone else will." Some argument! If Cognitor is a bad idea, then it's better if no one does it at all. If Cognitor is a good idea, maybe it's still a bad decision for the AICPA to be doing it, and it would be better if someone else does it. Just because someone else MIGHT pursue this wild idea doesn't mean that the AICPA should jump in ahead of them. Maybe we should just cheer others' efforts, and keep our money in our pockets. The best I can hope for is that the Cognitor idea withers away in a few years, from lack of interest, and without too much damage to the CPA profession.

-- Nov. 15, 2000

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