Category Archives: Exposure Drafts & Discussion Papers

Position Paper on Semi-Independent State Boards of Accountancy

October 22, 2010 NASBA has developed this position paper because it is deeply concerned that the authority, the resources, and the reporting relationship to the state legislature and Governor are inappropriate or inadequate for many Accountancy Boards. If an Accountancy Board is not able to satisfy its public protection responsibility because it lacks financial resources…

Audit Fees and Engagement Discussion Paper

October 22, 2010 Monitor and evaluate the issues of the AICPA’s Professional Ethics Executive Committee (PEEC), to harmonize ethics standards of State Boards of Accountancy with other regulatory bodies, to promote the development and adoption of UAA ethics provisions uniformly among the states, and to share with state boards emerging ethics and other professional issues.…

Discussion Paper Final Uniform Independence Definition

October 22, 2010 Monitor and evaluate the issues of the AICPA’s Professional Ethics Executive Committee (PEEC), to harmonize ethics standards of State Boards of Accountancy with other regulatory bodies, to promote the development and adoption of UAA ethics provisions uniformly among the states, and to share with state boards emerging ethics and other professional issues.…

NASBA Proposed Revisions to the UAA Exposure Draft

October 2010 The AICPA/NASBA Uniform Accountancy Act (UAA) Committee has worked over the past year to consider guidelines as to what are and what are not misleading CPA firm names. The proposed changes to the Uniform Accountancy Act (UAA) and Uniform Accountancy Act Model Rules (Model Rules) in this exposure draft are the result of…

2010 Regional Meeting – Breakout Board Expenditures

NASBA Regional Meeting 2010 This document was a  handout at NASBA’s 2010 Regional meeting to stimulate discussion. See Full Document:Breakout Board Expenditure

Proposed Uniform Definition of Independence Discussion Paper

May 20, 2010 The discussion paper below is an attempt to combine two definitions of independence into one uniform definition. The IFAC states that the independence of mind is the state that permits the expression of a conclusion, while the AICPA states that it is the performance of an attest service without being affected by…

Semi-Independent State Boards of Accountancy Exposure Draft

May 20, 2010 “NASBA believes Accountancy Boards need a high level of autonomy in operational and financial matters and the authority to operate at level that is commensurate with their responsibility to act in the public interest.” It is NASBA’s belief that the facts and rationale set forth below are compelling and that semi-independent Accountancy…

Ethics and Strategic Issues Discussion

The following discussion explores threats to independence, integrity and objectivity, due professional care, compliance with professional standards and available safeguards to ensure appropriate ethical conduct. Many of the safeguards represent activities auditors routinely apply. Nevertheless, the Committee concluded that existing professional standards do not sufficiently address the issues raised. From a public protection standpoint our…

2009 Regional Meeting – Name on the Door Handout (Final)

August 2009 The purpose of this paper is to assist in providing transparency to the users of CPA firm services and the public at large regarding a CPA firm’s identity by promoting uniformity among the rules and guidance that exist regarding CPA firm names, raising certain issues for consideration by the various regulators and standard-setters…

Name on the Door Handout (Draft) – April 2009

April 2009 This White Paper is considered non-authoritative and has been prepared by the CPA Firm Name Study Group for use by state boards of accountancy and other interested parties when considering the issue of CPA firm names. See Full Document:Name On The Door Handout april09