Title: Potential Changes to Florida CPA Mobility and Reciprocity: A Cause for Concern
In a potential shift that could greatly impact Florida CPAs, there are growing concerns about the risk of losing mobility and continuing professional education (CPE) reciprocity with other states. This issue is especially critical for the state’s CPAs, many of whom depend on these provisions to effectively serve their clients across state lines.
Recent statistics reveal that approximately 80% of Florida’s CPAs provide services to clients in five or more states, underscoring the importance of interstate cooperation in the Accounting profession. Currently, Florida aligns closely with national standards, requiring CPAs to obtain 80 hours of CPE every two years. This requirement is consistent with the expectations of nearly 75% of jurisdictions across the U.S., including all states in the Southeast, which currently recognize CPE reciprocity.
If changes are made to the CPE requirements in Florida, CPAs may encounter increased regulatory hurdles, which could significantly disadvantage them compared to their colleagues in other regions. Such a move could disrupt the collaborative landscape that many Florida CPAs currently enjoy, hindering their ability to operate effectively within a nationwide framework.
As this situation develops, it remains critical for stakeholders in Florida’s Accounting community to engage in dialogue to safeguard their professional interests and maintain the mobility that allows them to thrive in an interconnected marketplace.
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