State Board Report
It’s official: Every state but Hawaii has now adopted mobility legislation. On September 20, 2012, California Governor Jerry Brown signed the legislation which will take effect on July 1, 2013. CPA firms will still have to register with the California Board before they can audit companies based in California, or to provide compilations and reviews of entities headquartered in California, but CPAs will no longer need to get a reciprocal license.
“We are very pleased with the successful culmination of many years of effort by the California Board of Accountancy and the California Society of CPAs (CalCPA) to pass this important piece of legislation. Adding California to the 48 states who have passed and implemented mobility legislation completes the continental ‘mobility map’ and leaves only Hawaii and the U.S. territories to fulfill our goal of 100 percent adoption. The success of the CPA mobility legislative effort is unprecedented and is indicative of the power of a collective effort by State Boards, State Societies, NASBA, AICPA and the profession,” NASBA President Ken Bishop said.
The California Society had strongly supported the measure over the years: “The change in the law makes the playing field even for California CPAs and eliminates the possibility of retaliatory action by the states that could reduce opportunities outside of our state for CAs and CPAs,” CalCPA President Johanna Sweaney Salt told her members.
- MEMBER CENTER