The New York Senate is once again considering legislation to allow out-of-state-CPAs to practice in the state. This bill is identical to the one unanimously passed in the New York Senate last year. Unfortunately, a nonconforming bill failed to pass in the Assembly and the measure died at the end of the 2010.
The bill, S. 2628
, requires the CPA’s home state to have substantially equivalent licensing requirements to those in the Uniform Accountancy Act (UAA). Under substantial equivalency, if a CPA has a license in good standing from a state that utilizes CPA licensure/certification criteria outlined in the UAA then that CPA would be qualified to practice in any state that has adopted UAA Section 23 mobility.
CPAs should be aware that, while most states have no notice, no fees, no escape from discipline laws in place, a majority include a firm registration provision when an audit of a company based in that “other” state is conducted. In addition, many have specific CPA licensure requirements for industries unique to a given state, such as gambling in Nevada.
In 2007, Ohio was among only four states that had a uniform mobility provision to allow CPAs licensed in other states to practice in their states. Now, CPA mobility has been enacted in almost all states.