The American Institute of CPAs and the National Association of State Boards of Accountancy have proposed to create a "Retired-CPA" status to deal with the wave of Baby Boom retirees in the profession. There already is an Inactive-CPA status, indicating that a CPA has chosen not to maintain the required amount of continuing professional education and can no longer hold themselves out as a CPA. However, some state boards of accountancy have approached NASBA seeking advice on how to recognize inactive and retired CPAs.
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