This study examines the effect of female board representation, specifically women with CPA certifications and advanced degrees, on firm performance, measured by Return on Assets (ROA) and Tobin's Q. Using regression analysis with control variables such as firm size, growth, and leverage, the study finds that the number of female directors does not have a significant impact on either performance metric. While the presence of female directors with a CPA showed a significant negative effect on ROA, there was no statistically significant relationship with Tobin’s Q. Similarly, female directors with advanced degrees had no notable effect on either performance measure. Interaction terms exploring the combined effect of female directors with advanced qualifications showed weak or insignificant results. These findings contribute to the literature by highlighting the limited impact of gender diversity in board composition on firm performance, particularly when considering specific qualifications. The results suggest that further research may be needed to investigate other factors influencing board effectiveness, and that the mere presence of female directors or their qualifications may not directly enhance financial performance.