Other State Legislative and Regulatory Issues
The State Legislation and Regulation Team Continually Follows the Issues below:
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Under what condition should CPAs be allowed to accept commissions and contingent fees? |
Continuing Professional Education (CPE) Whether those who obtain a CPA certificate should be required to participate in continuing professional education in order to maintain a license or certificate | CPA Examination Whether or not the uniform CPA Examination should continue to be the only examination administered for candidates seeking initial licensure as a CPA |
Regardless of where CPAs are employed, they should be able to use their title, in conjunction with their business activity, as long as they meet certain licensing criteria, meet continuing professional education (CPE) standards, and are subject to regulation by a state board of accountancy |
Whether states should allow CPAs to organize in legal forms other than proprietorships, partnerships and PCs and whether states should amend PC laws in order to make PCs more attractive to a larger number of CPA firms |
How the profession should respond to legislation that requires insurers to have annual audited statutory financial reports of insurance companies. |
Whether non-CPAs should be permitted to have ownership interests in CPA firms. |
In recent years, there has been an increase of proposed rules and advisory opinions promulgated by state bar associations and branches of state government regarding unauthorized practice of law restrictions that impact CPAs |
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