Annual Filing Season Program Record (AFSP)
ABA credential holders qualify for the IRS’s Annual Filing Season Program Record of Completion without taking the Annual Refresh Course and Annual Exam.
More about the AFSP
In IA and MN achieving the ABA designation meets state regulatory requirements to practice public accountancy. MN requires a 75% passing score on both Practices of the exam. The use of the term “accountant” for non CPAs varies by state.
More about Minnesota RAP Program
More about the Iowa LPA
The use of the term “accountant” for non CPAs varies by state. In states where the term “accountant” cannot be used in any form or in states that allow the use the term “accountant” as a stand alone word but with a disclaimer—AL, AK, AR, CA, HI, IN, KY, LA, ND, NV, NY, OH, OK, PA, RI, SC, SD, TN and TX, accredited individuals use Accredited Business Advisor®. The process for attaining the credential and rules for use are the same.
Check with your state board of accountancy for your state accountancy compliance rules.