Daggett said the task force supported the use of consistent terminology among the states, although the group recognized it was unlikely jurisdictions would adopt the UAA verbatim. The task force agreed it was necessary for licensees to notify a jurisdiction if they intended to perform professional services there. Notification provides the state with more control over granting practice privileges. Rather than setting a time period for gaining the appropriate experience for attest work, the SQCS described the competencies needed to perform these services. Burns had participated in the ASB project.
Accounting lacks identity.
Increasingly, it is harder to say what an accountant does. Introductory accounting courses do not entice students to take more courses in the field. Other undergraduate majors, particularly finance, information systems and logistics, lure students away. A master's degree in business administration is less limiting than an advanced degree in accounting. Salaries for other careers are more appealing.