State Board Report

June 2009

Based on the Examination Review Board’s review and evaluation, it has concluded that boards of accountancy may rely on the 2008 Uniform CPA Examination and the International Qualifications Examination in carrying out their licensing responsibilities, states the report being distributed at the June 2009 NASBA Regional Meetings. In addition, the ERB has distributed a letter stating the Board has performed an analysis of the accumulated costs associated with the computer‐based test (CBT) and has not found any material exceptions to the NASBA CBT operational expenses for the fiscal year ended July 31, 2008. The ERB’s analysis of projected future CBT operational expenses did not detect any unreasonable assumptions in such projections.

The Examination Review Board’s members are: Donald E. Howard – Chair, Charles L. Talbert, III, ‐ Vice Chair, Barton W. Baldwin – Immediate Past Chair, Asa L. Hord, O. Charlie Chewning, Jr., Wesley P. Johnson, David L. King, Will J. Pugh, Donald R. Roland, David A. Vaudt, Sandra R. Wilson and Robert G. Zunich. ERB’s consultants are Steven M. Downing and Michael W. Harnish, and their staff liaisons are Lisa Axisa and Toerien DeWit.

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