New Format for MRA Renewals

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State Board Report

December

State Boards are encouraged to review the new format of the mutual recognition agreement renewals with the Chartered Accountants of Ireland, CPA Canada and Instituto Mexicano de Contadores Públicos, which are posted on www.nasba.org. The NASBA/AICPA International Qualifications Appraisal Board has retooled the agreements to more clearly specify what are the qualifications for those experienced international professionals who wish to seek the US CPA.

As announced at the Annual Meeting, progress is being made to establish a new mutual recognition agreement with the Institute of Chartered Accountants in Scotland. That is expected to be considered by the NASBA and AICPA Boards during the first quarter of 2018.