Wednesday, October 15, 2008

CalCPA Chair's Ambitious Agenda

Greg Burke, the chairman of the California Society of CPAs, says his state's CPA licensing process is failing to keep up with most of the U.S. The gap with other states' requirements prevents some California CPAs from servicing out-of-state clients unless they get additional education or take another exam. "We're trying to establish rules for licensing and interstate practice amongst the jurisdictions so what we have is similar to a driver's license," Burke says. He's also pushing programs to attract more practicing accountants to obtain Ph.D. degrees and move to academia in order to remedy a shortage of accounting professors.

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