The National Association of State Boards of Accountancy (NASBA) and the AICPA are seeking feedback from CPAs and stakeholders regarding ways to evolve the model for initial CPA licensure. Changes would support a growing need for new skills amid rapid technological advancement.
In 2018, a NASBA/AICPA working group was formed to consider possible changes to licensure. The group concluded that education and exam requirements need to evolve to address the increased demand for technological and analytical expertise.
The Request for Input is seeking feedback on five guiding principles a new licensure model could be based on. Feedback is requested by Aug. 9.
The WICPA board is staying up to date on the initiative and meeting to provide input to the AICPA.