CPA2Biz Portal MULLING BEGINS ON PHASE II AGREEMENT.

• Position: Brief Article

CalCPA special task force is in the process of reviewing the CPA2Biz Phase II agreement from the Shared Services LLC, a joint venture between the AICPA and participating state societies. The agreement arrived in September.

State societies that sign the new agreement will be guaranteed an annual $5 per member royalty payment over the next five years, which could eventually increase to as much as $20 per member based on CPA2Biz's profitability. Participating state societies will have access to the national membership database via CPA2Biz.

The new contract also includes a 10-year agreement that automatically renews 10 times.

The Phase I agreement, in which all state societies participated, ended May 31. CalCPA then signed an interim agreement until Phase II of the deal was worked out.

All state societies, except New York and Vermont, signed an interim agreement.

The task force, led by Technology Committee Chair David Primes, is reviewing the contract and will submit recommendations to the CalCPA and Education Foundation boards for final...