Institute, State Societies Form LLC

The AICPA and the State Society Network Inc. (SSNI), which comprises the societies in the 50 states, Washington, D.C., and Puerto Rico, have jointly established the Shared Services Limited Liability Corporation (SSLLC).

The new venture’s initial objective is to develop a national membership database, which will be licensed to the portal, cpa2biz. The portal will serve as a marketing arm of the joint venture, distributing AICPA- and state-society-branded products and services. Later, the SSLLC will focus on helping the Institute and the state societies reduce aggregate operating costs and obtain savings on volume purchases.

Currently, the Institute and the state societies have their individual areas of interest and membership classifications (for example, public practice/industry or small firm/large firm). The SSLLC plans to standardize all data elements into a uniform classification system that will provide maximum value to the user.