Abstract
Licensure laws are ostensibly passed to protect the public from incompetence and fraud. The problem is that they don't. However, they do have unintended negative consequences that actually harm the public by reducing the quantity of service, raising the cost of services and perhaps reducing the quality of service. Licensure laws also violate contract rights and the right to earn a living. Thus, there is a strong case for abolition. This article discusses accounting licensure laws from the perspectives of law, economics and ethics. It concludes that accounting licensure laws should be abolished because they violate rights and do not protect the public.
Published Version
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