CBA takes mobility, licensure
action.
The California Board of Accountancy recently embraced the mobility
concepts contained in the revised Uniform Accountancy Act, which state
that CPAs from substantially equivalent states would be allowed to
provide services to California clients without registering with the CBA,
unless they were performing an audit of an entity headquartered in
California.
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Any changes to the law will have to be implemented through
legislation, which could take some time. Several states, including
Texas, have revised their mobility statutes this year to provide for the
no-notice provisions.
The CBA also recently voted to require that all candidates for
licensure meet the 150-hour educational requirement by 2012. The
proposed change, which also would have to be implemented through
legislation, would make California a substantially equivalent state.
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