News

New UAA draft is open for comment and your feedback is requested!

Mar 4, 2025 —

After considering the comments the joint AICPA and NASBA committee received about the first draft of the UAA, they have refined the language in a new proposed draft. Major changes from the first draft include:

Language that recommends expanding the pathways to licensure to include a pathway for people who earn a BA + 2 years of professional experience and pass the CPA examination.
Automatic mobility for individuals with an active CPA license, allowing CPAS to practice in other states with just one license.
Safe harbor language to ensure CPAs who meet licensure requirement preserve practice privileges.

This draft is now open for exposure and comment. You can read the draft here. You can submit comments directly to AICPA and NASBA here. The deadline is May 3.

VT CPA wants to hear your feedback so we can submit comments from the Society. Please submit your comments directly to us before March 31 so we can meet the May 3 deadline. You can submit your comments in this brief questionnaire.