Professional Issues


  

Maryland, Minnesota and Colorado passed mobility legislation, joining the following UAA-compliant states: Idaho, Illinois, Indiana, Kentucky, Louisiana, Maine, Mississippi, Missouri, New Mexico, Ohio, Rhode Island, Tennessee, Texas, Utah, Virginia, Washington, West Virginia and Wisconsin.

Georgia and Iowa have also taken steps to achieve full mobility. Georgia passed a mobility provision, which allows licensees from other states that have a “no notification” requirement to enter Georgia with no notice. Iowa is enacting a statute that will allow out-of-state individual CPAs to enter the state without notification. However, the CPA firm will need to obtain an Iowa firm permit if it is performing reviews or audits.

 

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.