The US International Qualifications Appraisal
Board (IQAB) and the Hong Kong Institute of Certified Public
Accountants have signed a five-year mutual recognition enabling
qualified accountants from both jurisdictions to work across
borders.
IQAB said the agreement facilitate
cross-border reciprocity by streamlining the process for qualified
professionals with accounting credentials to become certified and
licensed in each other’s countries.
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The agreements are still subject to individual
state board of accountancy acceptance.
