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Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20130&cosponId=11299
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House of Representatives
Session of 2013 - 2014 Regular Session

MEMORANDUM

Posted: January 24, 2013 03:33 PM
From: Representative Gordon Denlinger
To: All House members
Subject: Prior HB 2354 - Amend Pennsylvania’s CPA Law
 
In the near future I will be introducing legislation to amend Pennsylvania’s CPA Law (Act 140 of 1947) to adopt the language in the Uniform Accountancy Act (UAA) regarding attest activity. The UAA is model legislation jointly developed by the National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AIPCA) to provide a uniform national approach to the regulation of the accounting profession.

My legislation makes a minor modification to the existing definition of “attest activity”, and eliminates the requirement for a specified number of hours of experience in attest activity in order to earn the CPA license. The AIPCA and NASBA support a one-year broad-based experience requirement, but believe required experience in attest activity is no longer appropriate for initial licensure. This concept has been incorporated into the current edition of the UAA, and has now been adopted by twenty-five states and the District of Columbia. In fact, Pennsylvania is one of only three states that still require a specified portion of the licensure experience requirement to be obtained within the attest function.

I believe the attest experience requirement is too restrictive and does not reflect today’s environment for CPA services. Over half of today’s accounting graduates pursue initial employment outside of traditional public accounting attest activity, and, as one of three states in the country still requiring attest hours, we are at a competitive disadvantage in retaining our accounting graduates. My legislation, which is strongly supported by the Pennsylvania Institute of Certified Public Accountants (PICPA), will correct this situation.

Prior Cosponsors: DENLINGER , ADOLPH , MAHER , PEIFER , DUNBAR, BOYD , CALTAGIRONE , CLYMER , CUTLER , DALEY , FARRY, FLECK , GINGRICH , GRELL , GROVE, HARRIS , HICKERNELL , M. K. KELLER , KILLION , MILLARD , MILLER , MURT , PETRARCA , RAPP , WATSON , BEAR and BRIGGS

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Introduced as HB40