VIEWS: 2 PAGES: 1 CATEGORY: Business & Economics POSTED ON: 5/28/2010
On May 13, 2008, three hundred CPAs came to Sacramento to meet with legislators and talk about the need for national uniformity in regulation of the CPA profession. Specifically, the CPAs were in Sacramento to talk about A.B. 2473 (Niello, Ma), the California Board of Accountancy-sponsored legislation to elevate California's educational standards for CPA licensing to those of 45 other states and to allow California consumers to exercise their right to choose their CPA financial advisers. And, the participants' message was well received by legislators. While A.B. 2473 may be dead for this session, the effort to advance mobility has gained tremendous momentum across the nation. Twenty-five states already have enacted similar provisions and it is anticipated that at least four more will successfully pass the model legislation this year.
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