The Association remains steadfast in advocating for the future of the CPA profession, and on December 18, NCACPA submitted a second comment letter to Dan Vuckovich, NASBA UAA Committee Chair, and Thomas Neill, AICPA UAA Committee Chair. In our letter, proposed changes in the Exposure Draft regarding alternative pathways were addressed.
While the Association commends the significant effort the AICPA and NASBA have devoted to evaluating additional pathways to licensure, NCACPA does not support the Competency-Based Experience Pathway proposal and opposes its inclusion in the Uniform Accountancy Act (UAA) and UAA Model Rules. Our letter also included feedback on the proposed changes specifically related to:
- Section 5: Qualifications for a Certificate as a Certified Public Accountant
- Section 23: Substantial Equivalency
NCACPA supports continued efforts by all stakeholders evaluating current and alternative pathways to licensure to help alleviate the talent shortage and make the process more equitable by examining the three pillars of the credential—education, experience, and the exam—and the interplay between them. These efforts should be centered on maintaining license mobility and preserving the integrity of the licensure in the market while avoiding new barriers and complexity.
To read the letter, please click here.