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Professor Ray Speciale Named Chair of Maryland Association of CPAs

Speciale feature

Mount St. Mary’s University Associate Professor Ray Speciale, Esq., CPA, this month began a one-year term as chair of the board of the Maryland Association of CPAs (MACPA). A professor of law and accounting at the Mount for 30 years, Speciale has been a member of MACPA for nearly as many years, joining the professional organization in 1993.

Among the issues that Speciale plans to address this year is the future of accounting education. In order to remain relevant, tomorrow’s CPAs need to master nontechnical skills such as communication, collaboration, anticipation and strategic and critical thinking as well as new-world skills related to information systems and data analytics.

“Something is going to have to give, and maybe that something will be on the traditional accounting side,” Speciale said in an article in the Summer 2019 issue of Statement, MACPA’s magazine. He noted some of the questions that educators will tackle in years to come such as whether an entry-level accountant needs to master consolidations, not-for-profit accounting and government accounting by the time they graduate from college, and whether there is a better path to credentialing in areas like tax and governmental accounting. Colleges and universities will need to be responsive to the changing environment and will be compelled to make adjustments to accommodate increased demand for data analytics and information systems coursework.

In addition to his position at the Mount, Speciale is a commercially rated pilot and flight instructor who operates a law practice dedicated to aviation-related legal and tax issues. He has written two books and many articles on issues impacting aircraft owners and pilots. He also has presented numerous seminars and webinars in this area of practice.

From 2007 to 2013, Speciale served as the educator member of the Maryland State Board of Public Accountancy. He also has served on the board of the YMCA of Frederick County and the International Air & Transportation Safety Bar Association.

“Ray epitomizes what so many of our faculty within the Bolte School of Business represent: Experienced professors who combine practical skills and real-world experiences that benefit our students and help them to lead lives of significance in the service of God and others,” said Michael J. Driscoll, Ed.D., dean of the Mount’s Richard J. Bolte Sr. School of Business.