The original plan for state CPA association partnership with the AICPA's for-profit Web site, CPA2Biz, called for a 10-year commitment with an automatic 10-year renewal and a hefty fine for leaving the fold. In addition, participating states would transfer ownership of certain affinity programs to CPA2Biz.
A new proposal being considered this week by the AICPA Council would change the 10-year commitment to a three-year commitment with an as yet unspecified renewal agreement after the three-year period.
In addition, participating state societies would maintain rights to their affinity programs and would be eligible to enter into other relationships.
A final agreement could be distributed to state societies within two weeks if the AICPA Council finalizes contract terms this week.