December saw stepped-up activity associated with the CPA Evolution initiative: Its website, EvolutionofCPA.org, was refreshed; NASBA committees held preliminary meetings; and a webcast was broadcast for those who had not attended the NASBA Annual Meeting.
CPA Evolution Education Advisory Group
AICPA and NASBA leadership established a nine-member CPA Evolution Education Advisory Group in December. The charge of the Advisory Group is to provide insights into how the current educational requirements of the UAA might be revised in light of the existing diversity of requirements among State Boards and the alternative licensure model being proposed through the CPA Evolution initiative. Members of the Advisory Group include:
The Advisory Group is expected to convene multiple times in January in order to provide insights to aid the February AICPA-NASBA Leadership Summit’s discussions. Such deliberations could ultimately lead to action by the AICPA/NASBA UAA Committee.
The initiative could have UAA language ready for states to begin working toward adoption in the 2021 legislative session. The timeline envisions meetings with academic associations and other stakeholders during the first half of 2020.
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