Background
The AICPA and National Association of State Boards of Accountancy (NASBA) Uniform Accountancy Act (UAA) is an "evergreen" model licensing law developed to provide a uniform approach to regulation of the accounting profession. The UAA provides a comprehensive system for enhancing public protection, facilitating consumer choice, and supporting the efficient operation of the capital markets.
A model bill to regulate the practice of public accountancy was first published in 1916 by the American Institute of Accountants, the predecessor of the AICPA. In 1984, the AICPA and NASBA published the first joint model bill, later renamed the Uniform Accountancy Act.