AZ CPA July/August 2022

Page 17

CPA Evolution Will Impact Today’s Interns; How Can Firms Prepare? By Carl Mayes For the past few years, the American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have collaborated with stakeholders to reimagine CPA licensure through the joint CPA Evolution initiative, an effort to transform the CPA licensure model. The organizations have now reached the critical implementation phase of this initiative, which addresses the rapidly changing skills and competencies required of a 21st Century CPA.

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JULY/AUGUST 2022 AZ CPA

17


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