SHARE: All Texas agencies were asked to submit to Governor Greg Abbott by December 1, 2019 their plans for limiting regulations, reducing fees and removing licensing barriers for people with criminal records where appropriate. The Texas State Board of Public Accountancy replied in a letter to the Governor in mid-November 2019:
Texas Board Executive Director William Treacy pointed out to the Governor: “All of the states have been determined to have ‘substantially equivalent’ [CPA] regulatory programs. As a result all CPAs in the U.S. have access to each other state without a requirement of notice or a licensing fee. This ‘substantial equivalency’ provides a mechanism to accommodate military transfers.” A survey of the prevailing Accountancy Boards’ fees found Texas already has a license application fee that is 75 percent or less of the national average for the CPA. |
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