smartpros<\/a>) ? in the national battle to get the uniform accountancy passed in all 54 jurisdictions, new york state had been looking as if it would become an important and bloody battleground. but a colossal misstep by the big five over the issue of combining law and accountancy practices has set back the uaa juggernaut. <\/p>\ndrafted and promoted by the american institute of cpas and the national association of state boards of accountancy, the uniform accountancy act is their model law to liberalize regulation of cpas. it contains provisions to allow cpas to practice across state lines. but it is controversial because it would also reduce experience requirements for non-auditor cpas, allow non-cpa ownership of firms and mandate a fifth year of college for cpa candidates.<\/p>\n
in new york, the national coalition of cpa practitioners, a grassroots group of traditional local cpa firms, was mobilizing strongly against the uaa. they were seeking to show albany legislators that the cpa profession remained divided by the uaa. the national society of accountants, a group which includes non-cpas, was also objecting to the uaa, claiming it locked out non-cpa accountants from important write-up work and reduced consumer choices.<\/p>\n
with the opposition forming, new york was becoming a closely watched battleground. the uaa, after all, has been passed by more than 40 states.<\/p>\n
but then opposition formed from an unexpected source: the lawyers. the state bar association, itself driven by the prospect of so-called multi-disciplinary practices which combine legal services with other practices, sought to include in the preamble to the uaa a clause which stated that the accountancy bill was to be read as limited to accountancy.<\/p>\n
the big five’s lobby, the washington, d.c.-based accountants coalition, balked. they forced the withdrawal of the uaa rather than have it read as narrowly as the lawyers wanted.<\/p>\n
it was a stunning reversal. supporters of the uaa were left speechless. “i can’t believe they did that,” said one. and they were left wondering whether there’s actually more in the uaa as drafted than they’ve deciphered to date.<\/p>\n
the jockeying suggests that the uaa opens a secret door to allowing mdp’s. it could take a team of good lawyers to figure it out. come to think of it, maybe they have. <\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
by rick telberg june 20, 2000 (smartpros) ? in the national battle to get the uniform accountancy passed in all 54 jurisdictions, new york state had been looking as if it would become an important and bloody battleground. but a … continued<\/a><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"129943,134590,133112,136831,138048,133028","_relevanssi_noindex_reason":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-125","post","type-post","status-publish","format-standard","hentry","category-resources"],"acf":[],"yoast_head":"\npolitical battle between lawyers and cpas exposes secrets of the uaa - 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