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September 2014 – Full Issue

Central Region Nominee Named

State Board Report September 2014 The NASBA Nominating Committee met on August 21, 2014 in Dallas to select their nominee for Central Regional Director 2014-2015. The Committee selected Janeth Glenn, a public member of the Nebraska State Board of Public Accountancy, to be their nominee for the post. The special face-to-face meeting of the Nominating…

NASBA Panelists at NSA Annual

State Board Report September 2014 Potential peer review changes and the AICPA’s Accounting and Review Services Committee’s (ARSC) proposed preparation standards were among the topics discussed by a panel including NASBA Chair Carlos Johnson and President Ken Bishop at the National Society of Accountants’ Annual Meeting on August 21, in Baltimore, MD. IRS Commissioner John…

President’s Memo: PLEASE READ!

State Board Report September 2014 Yesterday I was flying home from a NASBA meeting and was lucky enough to get an exit seat on what was among the smallest regional jets I fly on. With my 6’4″ frame, the extra leg-room is always appreciated. Just before take-off, the flight attendant came by to advise me…

AICPA Paper on Enhancing Audit Quality

State Board Report September 2014 The AICPA is seeking input from all stakeholders on a discussion paper entitled “Enhancing Audit Quality: Plans and Perspectives for the U.S. CPA Profession,” released on August 7, 2014. The paper covers the AICPA’s short-term and long-term plans to address quality issues related to financial statement audits of private entities.…

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