Examlex
The argument that licensing would "professionalize the practice" has no legal basis because:
Legal Obligations
Commitments or duties that are enforced by law, requiring entities or individuals to act or refrain from acting in a certain way.
Nonlegal Obligations
Obligations that are not enforceable by law but may be morally or ethically binding.
GAAP
Generally Accepted Accounting Principles (GAAP) are a set of rules, standards, and procedures that companies must follow when compiling their financial statements in the United States.
Unconditional
Unconditional means not subject to any conditions or limitations; absolute.
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