New guidelines for reciprocity.The World Trade Organization adopted Guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. for Mutual Recognition Agreements on professional accounting qualifications. The guidelines are intended to make it easier for qualified accountants to practice across international borders by providing a common approach to negotiating reciprocity reciprocity In international trade, the granting of mutual concessions on tariffs, quotas, or other commercial restrictions. Reciprocity implies that these concessions are neither intended nor expected to be generalized to other countries with which the contracting parties arrangements. "The guidelines assure us that we are on the right track in negotiating with other countries to create more opportunities abroad for U.S. CPAs and to make it easier for foreign accountants who meet our standards to practice here," said Harris Harris, Scotland: see Lewis and Harris. W. Widmer, chairman of the U.S. International Qualifications Appraisal Board (IQAB). The IQAB is a joint body of the National Association of State Boards of Accountancy For the technique in nucleic acid amplification, see . The National Association of State Boards of Accountancy (NASBA) is an umbrella group for the 55 state boards that regulate the accountancy profession in the United States of America. and the American Institute of CPAs. The objective of the guidelines is to ensure the process o negotiating mutual recognition agreements in accounting is open and that qualification standards are applied in a fair, objective and nondiscriminatory manner. They are nonbinding and are intended to be used by members of the WTO See World Trade Organization. on a voluntary basis. A copy of the guidelines is available on the WTO Web site at http://www. wto.org. |
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