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US, UK accountant organizations reach historic mutual agreement

In a historic first, five of the largest professional associations for Certified Public Accounting in the US, UK and Scotland have hammered out a mutual recognition agreement that will allow United States CPAs a "clear and accelerated path" to become certified in the UK, and vice versa. "We welcome the mutual recognition that is at the heart of this agreement,” said AICPA President and CEO Barry C. Melancon, CPA, CGMA.  Full story in Business Wire. subscribe.