That same year, the American Institute of Certified Public Accountants—the professional body that awards CPAs—passed a resolution on the lack of diversity in the accounting profession and established the Minority Initiative Committee.

Today, through the efforts of NABA, the AICPA, and other interested groups,[citation needed] there are more than 200,000 African Americans participating in the field of accounting, of which more than 5,000 are CPAs.

The Summit unearthed a number of issues, including generational challenges, lack of black CPA role models, and exam mechanics.

A second Summit in 2008 led to the creation of several programs within NABA and other organizations to resolve these issues, with financial support[4] from accounting firms Ernst & Young and Deloitte.

NABA's programs consist of professional development, networking opportunities, job placement, continuing education, technical training, national and regional conferences, and public service initiatives.

In 2020, NABA hosted its first virtual convention titled Insight Reimagined and began producing Spectrum Live, a weekly digital series for accounting and finance professionals.