Professional Licensure Task Force Work Continues

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The Professional Licensure Task Force (PLTF), established by NASBA Chair Stephanie Saunders, is continuing its work to consider new concepts for CPA licensure that may be included in the Uniform Accountancy Act (UAA) to update the current licensure model.

Earlier in the year, the PLFT-NPAG (National Pipeline Advisory Group) Working Group agreed to move forward on exploring a licensure pathway that is commonly referred to as a competency enhanced experience pathway. This pathway can be defined as having the requirement of a baccalaureate degree (120 semester hours) plus 1-year of general experience, which is consistent and currently in the UAA, plus one additional year of experience, which would be considered as “competencies enhanced experience.”

Two subgroups born out of the PLTF-NPAG Working Group and charged with creating the Standards (requirements) and a Model (competencies and objectives) for the potential new licensure pathway, provided the PLTF with their recommendations for review and input during an August meeting. The subgroups are comprised of stakeholders currently engaged in the new pathway concept and new stakeholders, who will help to broaden the number of persons involved in future discussions and offer fresh perspectives.

During its August meeting, the PLFT was informed of upcoming forums that will be delivered to various stakeholders. Stakeholders include, but are not limited to, members of the NASBA Board of Directors, NASBA regional directors, State Board of Accountancy chairs and executive directors, State CPA Society executives, and members of the Joint UAA Committee and NPAG Working Group.

The PLTF is comprised of representatives from key stakeholder groups including the NASBA Board of Directors, the AICPA, member Boards of Accountancy, and State CPA Societies.