Momentum continues on CPA mobility success as Florida becomes 39th state to enact legislation.
An unprecedented wave has moved across the country to enact a uniform mobility provision in every jurisdiction that licenses CPAs. Nearly every state is at some point in the process of considering this concept.
Thirty-nine states have now passed legislation that allows CPAs to gain a practice privilege in another jurisdiction without providing notification, while at the same time agreeing to the automatic jurisdiction of the state. Florida became the most recent state, when the legislature approved a measure on Apr.
29. Other mobility states are: Arkansas, Arizona, Colorado, Connecticut, Delaware, Georgia, Idaho, Illinois, Iowa, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin and Wyoming.
Currently, eight other states have mobility legislation pending: Alabama, Hawaii, Massachusetts, Nevada, New Hampshire, North Carolina, Oregon and Vermont, and it is anticipated that by the close of the 2009 legislative sessions the number of mobility states could reach 45. Enacting mobility legislation in these states would mean the profession has moved significantly closer to a national uniform mobility system among all 55 U.S. jurisdictions.
The success of this initiative is due to the ongoing collaborative efforts among the AICPA, the National Association of State Boards of Accountancy, state CPA societies, state boards of accountancy and CPA firms across the country.
AICPA Comments on SEC's Proposed Roadmap for U.S. Adoption of IFRS, Prepares Analysis of Comment...
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