California to enact CPA mobility law

On September 20th, Jerry Brown, the governor of California, signed into law a provision that allows CPAs outside the state of California to practice in California without the need to first obtain a California license or register with the California Board of Accountancy.  Already, Forty-eight states and the District of Columbia  have such laws and this is being viewed favorably by CPAs.  The law takes effect July 1st, 2013.

While this law directly impacts accountants, reminds clients that laws, standards and rules are often changing.  Firms must continually update their knowledge base to avoid allegations of malpractice. Contact us to discuss further how to best protect your firm.