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State Board Report

August 2014

At their July meeting, the NASBA Board of Directors passed a resolution presented by President Ken L. Bishop that would enable NASBA to form a for-profit entity to provide all foreign education evaluation services and other education measurement services not within the scope of the current NASBA Articles of Incorporation as a not-for-profit corporation. On August 1, NASBA launched Aequo International to provide “efficient, knowledgeable service that sets the benchmark in the field of international evaluations.” The new company will evaluate international education for admissions, employment, professional examination and licensure. NASBA International Evaluation Services (NIES) will remain within NASBA and continue to serve the accounting profession, with the new entity serving those in other fields. NIES now is an approved provider of evaluation services for 48 State Boards of Accountancy.

“The value proposition for this new venture is compelling,” Executive Vice President Colleen Conrad told the July Board meeting. “We are coming to evaluation with the point of view of the regulator.”

James Suh, NASBA Director of International Evaluation Services, who will serve as President of this new entity, explained that “Aequo” is derived from the Latin verb “aequus,” which means “to level, to equal.” He joked that just as “Google” has become a part of English vocabulary, so the new term, “Aequo,” is intended to mean “to provide amazing evaluation services.” The company is promising: 5-10 business day turnaround on evaluation requests; extended call center hours; simple low-cost pricing; and up-to-the-minute evaluation expertise. The service is expected to appeal to students, professionals and employers seeking evaluations of international education and job experience.

More information about the new venture can be found on aequointernational.com.

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