Nationwide Society of Black CPAs Hires CEO to Enhance Variety in Accounting
Managing Director Darryl R. Matthews Sr. has been selected as President and CEO of the National Society of Black Certified Public Accountants (NSBCPA). Matthews, a well-respected leader, has experience in association administration, federal government operations, and advisory services.
NSBCPA was founded in June 2020 to increase the number of black CPAs and fill the resource gap in the black community. The organization strives to increase CPAs by providing exam candidates with the resources and coaching necessary to be successful.
“My vision is to ensure that through effective programming and mentoring, we are the leading membership society of choice for blacks aspiring to be certified in public accounting and perform excellently,” Matthews said in a statement. “I look very much forward to working with our members to ensure they have the tools and resources needed to maximize their potential and quickly become leaders in their careers.”
Black CPA support
Blacks are by far the most underrepresented group within the CPA profession. The first black CPA, John Wesley Cromwell Jr., was licensed in 1921. It was not until 1943 that the first black woman, Mary T. Washington Wylie, received her CPA license. In the early 1900s, limited access to job opportunities and mentoring was a barrier to aspiring CPAs. Now the profession must overcome limited visibility. Providing resources that appeal to students and professionals in this ever-evolving digital landscape will be vital.
Matthews is on a mission. He is ready to transform past obstacles into future opportunities. With a background in partnerships and business development, Matthews has helped many membership-based organizations achieve their goals. He is working to expand the vision of NSBCPA’s First 100 Black CPA initiative to bring the profession better known. Matthews’ also develops strategic partnerships that enable NSBCPA to reach more students. In December 2020, NSBCPA announced a $ 1 million pledge from Vista Equity Partners Founder, Chairman, and CEO Robert F. Smith to support black accountants. Matthews will play an important role in ensuring that more black students can take and pass the four-part CPA exam through the Promise.
A reputation for leadership and success
Matthews comes to NSBCPAs with over three decades of leadership experience. He recently worked as a partnership specialist for the 2020 ten-year census. He was also the Executive Director of the National Medical Association and Alpha Phi Alpha Fraternity, Inc.
Early in his career, Matthews was the Executive Director of the National Association of Black Accountants. Under his leadership, the organization achieved record profits and remarkable growth.
“Darryl brings over 30 years of diversified leadership experience and an extensive global network of resources,” said Shannon Nash, CPA, Esq, chairman of the board of directors of NSBCPA, in a statement, raising millions of dollars. We’re excited that Darry is leading us into the next phase of our goals. “