October 02, 2009

NASBA develops the Uniform Accountancy Act’s Model Rules. NASBA, along with the American Institute of Certified Public Accountants (AICPA), jointly prepares and promotes the Uniform Accountancy Act. NASBA also supports its member boards with briefs in state and federal courts. Other states have comparable accountancy laws to those of Texas, and which have been upheld under similar challenges. However, because of the increased mobility of CPAs and the fact that the applicable professional standards are common among the majority of states, effective public protection could be severely undermined by an inconsistent, adverse ruling against the Texas State Board of Public Accountancy. Indeed, such a ruling would likely make Texas the only state in which CPAs could not be disciplined for violations of the Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS).

See Full Document:
NASBA Amicus Texas Board

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