The American Institute of CPAs should be commended for its recent decision to create a Special Committee on Mobility, whose focus will be eliminating impediments to CPAs practicing across state lines.The formation of this high-level committee could not come soon enough. Obstacles blocking CPAs from practicing across state lines - and confusion about the many different accounting standards for public companies, the private sector, nonprofits and government - have plagued the profession for too long.
Inconsistent standards are also responsible for problems involving substantial equivalency, peer review and the divergent reporting standards of the CPA Exam. The AICPA's committee should bring much-needed attention to the issue.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access