By
Dennis O’Leary, Legislative Counsel
NEW YORK—By
a vote of 8 to 4, the New York State Board for Public Accountancy
on Jan. 28 liberalized its long-standing experience policy for
out-of-state CPAs to qualify for licensure in New York state.
The New
York State Society of CPAs considers this action by the board
as a significant step in the right direction, and hopes it will
be persuasive to legislators to expand professional experience
for all candidates for initial licensure. State Senate bill
S302-D by Sen. Kenneth LaValle and the identical Assembly bill
A8555-A by Assemblyman Ron Canestrari would expand experience
to include attest, auditing, tax preparation, tax advisory services,
or any combination thereof.
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