Proposed Change to Our Accountancy Statute on CPA Firm Mobility CURRENT LAW PROPOSED LAW State Board of Accountancy authority over CPA Same firms in the state State Board of Accountancy authority over out-of-state CPA firms (oversight, access to Same information, fines, remedial actions, revocation of a practice privilege, etc) In-state CPA firm registration requirement Same Out-of-state CPA firm registration requirement for None attest services No registration for out-of-state CPA firms providing non-attest services (tax preparation, Same consulting, advisory services) Notification process to other State Boards of Accountancy for actions taken against an Same CPA firm
Proposed Change to Our Accountancy Statute on CPA Firm Mobility CURRENT LAW PROPOSED LAW State Board of Accountancy authority over CPA firms in the state Same State Board of Accountancy authority over out-of-state CPA firms (oversight, access to information, fines, remedial actions, revocation of a practice privilege, etc) Same In-state CPA firm registration requirement Same Out-of-state CPA firm registration requirement for attest services None No registration for out-of-state CPA firms providing non-attest services (tax preparation, consulting, advisory services) Same Notification process to other State Boards of Accountancy for actions taken against an CPA firm Same
cpafirmmobility-comparisonchart.docx