The ninth edition of the Uniform Accountancy Act (UAA) is now available. Updates reflect feedback gathered during two exposure periods, as well as forward-looking solutions led by state CPA societies.
As a reminder, the ninth edition includes several key changes:
- Enables states to adopt a third, additional licensure pathway (earn a bachelor’s degree, complete two years of professional experience, and pass the CPA Examination)
- Moves to an “individual-based” mobility model, which allows CPAs to practice in other states with just one license
- Adds safe harbor language to ensure CPAs who meet existing licensure requirements preserve practice privileges