CPA mobility refers to the ability of CPAs to practice across state lines. It allows CPAs to work in multiple states without having to obtain additional licenses or meet additional education or experience requirements. CPA mobility is based on the principle of “substantial equivalency,” which means that if a CPA is licensed in one state and meets certain criteria, they should be able to practice in another state without having to obtain a new license.
What are the Benefits of CPA Mobility?
CPA mobility provides several benefits to both CPAs and the public. For CPAs, it allows them to expand their practice and work across state lines without having to obtain additional licenses or meet additional education or experience requirements. This can help CPAs to grow their businesses and serve clients more efficiently.
For the public, CPA mobility ensures that they have access to qualified CPAs regardless of where they are located. It also promotes consistency in the accounting profession across states.
Learn more at: https://www.aicpa-cima.com/news/landing/protecting-cpa-mobility