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Board agrees to back NASBA/UAA changes to CPA licensure, votes to send supportive comment
Summary
Members of the Consumer Protection Department board voted to submit a short, written statement endorsing proposed Uniform Accountancy Act (UAA) amendments from NASBA and AICPA that add a competency-based experience pathway and an individual mobility safe harbor; board members discussed implementation timing and guidance for universities.
Members of the Consumer Protection Department board voted unanimously to send a written statement supporting proposed amendments to CPA licensure language being advanced by the National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA).
Tim (NASBA representative) summarized the exposure-draft changes and said the revised language reintroduces “the additional pathway” to licensure and supports “individual based mobility” between states, and that the re-exposure of the UAA on March 4 “heard what the stakeholders were asking for.” Bonnie (staff member) said the bill’s language has been modified to include a safe-harbor provision and that NASBA requested an eligibility condition that…
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