The VSCPA has written a letter to the Uniform Accountancy Act (UAA) Committees of the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) regarding the boards’ firm mobility exposure draft, aimed at creating mobility language for states that have not yet adopted firm mobility.
The VSCPA supports the proposed changes outlined in the exposure draft. The Society said:
“The VSCPA strongly favors CPA firm mobility mainly to ensure fairness on a national level. Virginia has maintained CPA firm mobility with the expectation that other states would act to create a uniform and seamless mobility regime across the country.”