MNCPA submits comment on licensure framework, UAA proposals
November 26, 2024 | Linda Wedul, CAE
The Minnesota Society of CPAs has submitted comments on a proposed CPA competency-based experience pathway framework and new language for the Uniform Accountancy Act (UAA).
The framework, a joint proposal from NASBA and the AICPA, would add a pathway to CPA licensure with a bachelor’s degree plus one year of competency-based experience plus one year of traditional experience. This solution moves closer to the MNCPA solution, allowing licensure with a bachelor’s degree and two years of experience. Competency-based experience adds additional administrative overhead, while two years of general experience is a simple solution that can be implemented with existing systems.
The proposed UAA amendment is model language for state boards of accountancy to use as a guide in modifying state statutes and rules to add the competency-based pathway. The UAA is not a standard. Individual boards of accountancy use the UAA as a framework in drafting the state statutes and rules. The UAA also addresses mobility, a barrier to making licensure changes. The MNCPA supports automatic mobility as it makes mobility less vulnerable to disruption. The proposed UAA amendments do not include automatic mobility. Four states have had automatic mobility for many years so it is a proven solution.
In two detailed letters, the MNCPA stated it does not support either effort as presented.
Read the MNCPA Framework Comment Letter
Read the MNCPA UAA Comment Letter
Both efforts come as more than one-third of states are in various stages of drafting legislation to modify education and experience requirements for licensure, allow automatic mobility or both.
The comment period on the exposure draft for the proposed framework closes Dec. 6 and the comment period for the UAA changes closes Dec. 30. We encourage MNCPA members to share their feedback on these two critical proposals.
Submit your comments
Comment on the licensure framework proposal
Comment on the UAA proposal
Topics: Legislative & Government Affairs, Staffing, Professional Certification, Recruitment & Retention, Education, MNCPA Programs & Activities
Linda Wedul, CAE
Linda Wedul is president and CEO of the MNCPA. She’s usually spotted at MNCPA events, introducing herself to members with a warm smile and memorable laugh. Mixed among the Footnotes, accounting journals, leadership books and three monitors in her office, you’d be surprised to see a dog kennel. Her unpaid job is volunteering as a foster family for service dogs in training through Can-Do-Canines. She and her husband have two adult children and live in Farmington. Linda can be reached at 952-885-5516 or lwedul@mncpa.org.
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