Practice mobility and substantial equivalency are in the spotlight as various state legislatures look to change education and experience requirements for CPA licensure. In response, the AICPA has stepped up, offering some guidance. They've crafted a compliance checklist designed to navigate interstate practice. Substantial equivalency has long been the backbone of CPA mobility, ensuring standards across states. Yet, with each state wielding the power to redefine these standards, the seamless landscape of CPA practice faces fragmentation. The ripple effects of such changes could extend far beyond individual CPAs, impacting firms and the clients they serve. Let's talk about it. How do you see these potential changes impacting your practice or the broader CPA community?
Kevin DeCicco, CPA’s Post
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Important to know if you practice across state lines.
Potential legislation in certain states may change CPA licensure requirements. Learn how this could affect interstate practice mobility. https://lnkd.in/e2f3zp9Q
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🕰️ Throwback Thursday Accounting Fact 🕰️ Back in 1869, the first professional association for accountants, now known as the American Institute of Certified Public Accountants (AICPA), was founded in New York City. This milestone marked a significant step towards establishing accounting standards and professional ethics in the United States! 💼📜 #ThrowbackThursday #AccountingHistory #CPAInsights
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Easy interstate practice enables businesses to hire the CPAs and CPA firms they want. State licensure changes could make that harder. See how. https://bit.ly/49CgINt
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Congratulations to our members who became licensed CPAs in March! Your hard work has paid off, and you're officially part of California's thriving CPA profession. 🔗 Discover the complete list of new licensees from the California Board of Accountancy here: https://bit.ly/47zZMpH. #CalCPA #FutureOfAccounting #CPA #Accounting #Finance #AspringCPA #CPAExam
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30 Months to Pass the CPA Exam? It’s True! You may have heard that candidates now have 30 months to pass the CPA Exam. And it’s true! But not in all states. Check out this helpful map that was provided by NASBA to see where your State Board of Accountancy falls on this historic change, and be sure to check with your State Board of Accountancy to confirm what the current rule is in your state.
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Hear from an expert in business growth.
Easy interstate practice enables businesses to hire the CPAs and CPA firms they want. State licensure changes could make that harder. See how. https://bit.ly/49CgINt
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