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AICPA, NASBA Form Coalition to Protect Licensing Standards

The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have helped found the Alliance for Responsible Professional Licensing (ARPL), a new coalition of advanced professions focused on educating policymakers and the public about the importance of rigorous professional licensing standards. AICPA and NASBA will work with other ARPL members to inform lawmakers of the need to maintain standards for highly complex, technical professions like the CPA profession that have a clear impact on the public’s fiscal health and welfare. The VSCPA has not been directly involved in the coalition, but the Society carefully monitors these issues in Virginia and is supportive of efforts to protect the value and rigor of the CPA licensure process. Read more at CPA Practice Advisor.