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<p class="MsoNormal">To become a CPA in the US, a person must pass a national CPA examination. The practice of public accounting, however, is regulated by state governments. Therefore to practice in a particular state you need to be licensed by that state,
or be a licensed practitioner in a state that has a reciprocity arrangement (which will be 49 states I believe mid-year this year) . You can then check eligibility to practice through state licensing boards.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">In Canada, you need a provincial public accountant’s license in most ( all?) provinces to practice. The granting of a CA , soon to be CPA, is done through a national examination.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">In other countries, for example, Argentina, I understand that no public accounting license is required to practice.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I believe that public accounting practice rights in Europe varies from country to country.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">In summary, there is no global uniformity that we can point to<o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#002776"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#002776">Don<o:p></o:p></span></p>
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<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><b><span style="font-size:10.0pt;font-family:"Verdana","sans-serif";color:navy">Donald E. Sheehy, CPA, CA·CISA, CRISC, CIPP/C</span></b><span style="color:#002776">
<br>
</span><span style="font-size:7.5pt;font-family:"Verdana","sans-serif";color:navy">Partner | Enterprise Risk
</span><span style="color:#002776"><br>
</span><span style="font-size:7.5pt;font-family:"Verdana","sans-serif";color:navy">Deloitte</span><span style="color:#002776"><br>
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</span><span style="font-size:7.5pt;font-family:"Verdana","sans-serif";color:navy"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#002776"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> public-bounces@cabforum.org [mailto:public-bounces@cabforum.org]
<b>On Behalf Of </b>Rich Smith<br>
<b>Sent:</b> Monday, January 14, 2013 8:41 AM<br>
<b>To:</b> kirk_hall@trendmicro.com; 'Ryan A.Koski'; public@cabforum.org<br>
<b>Subject:</b> Re: [cabfpub] EVG - Accounting Practitioner Jurisdiction<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">Kirk,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">If I recall correctly from a past conversation with one of our attorneys, I believe that an attorney engaged private practice is indeed required to be a member
of the bar in the state in which they are practicing, BUT if an attorney is hired by a company as an in-house counsel they do not necessarily have to be a member of the bar in that particular state. This conversation took place quite awhile ago and I could
possibly be getting it wrong at this point, but that is my recollection. Perhaps one of the attorneys in the group can chime in and clarify this.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D">-Rich<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">
<a href="mailto:public-bounces@cabforum.org">public-bounces@cabforum.org</a> [<a href="mailto:public-bounces@cabforum.org">mailto:public-bounces@cabforum.org</a>]
<b>On Behalf Of </b><a href="mailto:kirk_hall@trendmicro.com">kirk_hall@trendmicro.com</a><br>
<b>Sent:</b> Friday, January 11, 2013 2:14 PM<br>
<b>To:</b> Ryan A.Koski; <a href="mailto:public@cabforum.org">public@cabforum.org</a><br>
<b>Subject:</b> Re: [cabfpub] EVG - Accounting Practitioner Jurisdiction<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">Ryan, I have only one mild concern.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">I know lawyer rules (not accounting rules), and there are limitations on the ability of a California lawyer to represent a Washington client without being a member of (or
specially admitted to) the Washington Bar. (On the other hand, a Washington corporation with offices in California can clearly hire a California attorney to do corporate work). So the situation is not crystal clear, except that an attorney from a different
state than the client has to be careful he or she is not engaged in the “unauthorized practice of law” in the client’s state.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">I’m not sure if the rules are the same for CPAs, but I expect they are similar.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">So maybe we modify the rule clarifying that where the Applicant (or its state of incorporation) and the CPA are located in different jurisdictions, the CPA can provide the
letter so long as such an engagement is in compliance with the practice rules of both jurisdictions?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">Don Sheehy might have some insight on this.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">
<a href="mailto:public-bounces@cabforum.org">public-bounces@cabforum.org</a> [<a href="mailto:public-bounces@cabforum.org">mailto:public-bounces@cabforum.org</a>]
<b>On Behalf Of </b>Ryan A.Koski<br>
<b>Sent:</b> Friday, January 11, 2013 10:56 AM<br>
<b>To:</b> <a href="mailto:public@cabforum.org">public@cabforum.org</a><br>
<b>Subject:</b> [cabfpub] EVG - Accounting Practitioner Jurisdiction<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt">The EV Guidelines seemingly have a conflict between the definition of Accounting Practitioner in Section 4 (Definitions), and the specific requirements for verifying the status of Accounting Practitioners in
11.10.2.(1).(A). The definition of Accounting Practitioner says (<b><u>emphasis mine</u></b>):<o:p></o:p></p>
<p class="MsoNormal"><b>Accounting Practitioner:</b> A certified public accountant, chartered accountant, or a person with an equivalent license within <b><u>the country of</u></b> the Applicant’s Jurisdiction of Incorporation or Registration or any jurisdiction
where the Applicant maintains an office or physical facility; provided that an accounting standards body in the jurisdiction maintains full (not “suspended” or “associate”) membership status with the International Federation of Accountants. <o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><br>
However, 11.10.2.(1).(A) omits the notion that the Accounting Practitioner can be within the country of the Applicant's JOI:<o:p></o:p></p>
<p class="MsoNormal"><b>(A) Status of Author:</b> The CA MUST verify that the accountant letter is authored by an independent Accounting Practitioner retained by and representing the Applicant (or an in-house professional accountant employed by the Applicant)
who is a certified public accountant, chartered accountant, or has an equivalent license within the Applicant’s Jurisdiction of Incorporation, Jurisdiction of Registration, or the jurisdiction where the Applicant maintains an office or physical facility. Verification
of license MUST be through that jurisdiction’s member of the International Federation of Accountants (IFAC) or through the regulatory organization in that jurisdiction appropriate to contact when verifying an accountant’s license to practice in that jurisdiction.<o:p></o:p></p>
<p class="MsoNormal"><br>
This leads to a situation where an Accounting Practitioner that is licensed in California is ineligible to provide an opinion letter for an Applicant that is incorporated in Washington state. I do not believe that is the intention of this requirement, especially
since we allow Accounting Practitioners from "any jurisdiction where the Applicant maintains an office or physical facility".<br>
<br>
I made an attempt to revise 11.10.2.(1).(A). The intent is to remove the duplication of language that also exists in the definition of Accounting Practitioner and eliminate what I believe to be the unintended restriction described above. Please provide any
comments on the following:<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal">(A) <b>Status of Author:</b> The CA MUST verify that the accountant letter is authored by an Accounting Practitioner who is either independent (retained by and representing the Applicant) or an employee of the Applicant. Verification of
license MUST be through the member organization or group of the International Federation of Accountants (IFAC) that represents the jurisdiction in which the Accounting Practitioner is licensed, or through the regulatory organization in that jurisdiction appropriate
to contact when verifying an accountant’s license to practice in that jurisdiction.<span style="font-family:"Helvetica","sans-serif""><o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt">--<br>
Ryan Koski<br>
<a href="http://GoDaddy.com">GoDaddy.com</a>, LLC<o:p></o:p></p>
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