Letter on Target

BY ANDREW STOKES

I read with interest the letter “ For National Licensing of CPAs ” ( JofA, Jun.02, page 11).

A foreigner—or as I am quaintly termed, a “resident alien”—I have just taken the Uniform CPA Examination. I sat for this exam in Colorado rather than my resident state of California because the licensing requirements are different. There were many others from California and a person from Massachusetts in the same position.

Quite frankly, it is a ridiculous situation for a supposedly national qualification. The letter writer is spot on in suggesting that state boards should be administrative only—with policy and licensing set nationally.

The letter’s second point about accounting standards also hits the mark. Other countries such as the United Kingdom and Australia issue subsequent amendments not by releasing an additional standard but by amending and reissuing the existing one (including using the same number). This way everything on a topic is together, and instead of 140 plus standards, you have far fewer.

Andrew Stokes, CA
(Australia)
San Rafael, California

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