Here is the synopsis of our sample research paper on CPA Licensing Jurisdiction. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 4 page summary and analysis of the article “Substantial Equivalency Practice Privileges” by James H. Thompson and Andreas Rydholm. Bibliography lists 4 sources.
Page Count:
4 pages (~225 words per page)
File: JR7_RACPAar.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
must often stay on the forefront of change, ready to adjust to the needs of their clients, whether those clients are large corporations or individuals with special needs. The following
paper summarizes and analyzes an article addressing such changes. The article is Substantial Equivalency Practice Privileges" by James H. Thompson and Andreas Rydholm. CPA Licensing Jurisdiction
The authors first note that, "Work and people now move easily across geographic lines, and qualified, licensed CPAs in good standing should be able to practice
in more than one state or jurisdiction without undergoing a time-consuming, redundant licensing process in each" (Thompson; Rydholm, 2006). Because of changes and necessary abilities the Uniform Accountancy Act (UAA)
created what is known as "substantial equivalency" which essentially ensures that all CPAs have a license that will hold up in any region or with any employer (Thompson; Rydholm, 2006).
It is essentially a very broad and general foundation so that CPAs can move more freely across various types of boundaries and still possess all necessary requirements for the job.
The authors also note: "Substantial equivalency is a determination by a board of accountancy or its designee that the education, examination and experience requirements contained in another jurisdictions statutes and
administrative rules are comparable to or exceed the requirements specified in the act or that an individual CPAs education, examination and experience qualifications are comparable to or exceed the requirements
contained in the UAA" (Thompson; Rydholm, 2006). In many respects it seems that CPAs are often not considered when thinking of the changes to corporations, the changes to international conditions
wherein the world is becoming a smaller place due to business endeavors, or the changes in technology. But, in all honesty the CPA must be one of the most flexible
...