Category Archives: Comment Letters
NASBA Comments on Proposed International Education Standards (IES) Exposure Draft 10/11/12
Written on November 26, 2012 at 9:00 am, by agoldstein
NASBA Comments on PEEC, ARSC Drafts 9/6/12
Written on September 10, 2012 at 10:36 am, by agoldstein
September 6, 2012 The following are NASBA’s comments regarding Exposure Draft dated June 29, 2012 – Omnibus Proposal, AICPA Professional Ethics Executive Committee, Proposed Revised and New Interpretations and Proposed Deletions of Ethics Rulings, Proposed Revised Interpretation No. 101-3 Under Rule 101; and Exposure Draft dated June 29, 2012 – Proposed Statements on Standards for…
NASBA Comments on IRS Notice 2011-61 8/17/11
Written on August 17, 2011 at 11:16 am, by krooks
August 17, 2011 In response to the IRS’ Notice 2011-61 requesting feedback, NASBA provided commentary highlighting the experience and expertise of its National Registry of CPE Sponsors. Launched in 1990, the National Registry lists providers who meet standards recognized and jointly developed by NASBA, its member state boards of accountancy and the American Institute of…
New York Board Comments on IFRS and the CPA Examination 7/29/10
Written on July 29, 2010 at 4:01 pm, by jpotash
July 29, 2010 In a reply to the AICPA’s letter, “Interantional Financial Reporting Standards and the Uniform CPA Examination” the New York State Board of Public Accountancy does not endorse inclusion of IFRS on the Uniform CPA Examination beginning January 1, 2011, for the reasons stated in the document below. See Full Document:NY Board Letter…
Senate SOX Exemption of Smaller Public Companies 2/18/10
Written on February 18, 2010 at 8:53 pm, by jpotash
February 18, 2010 NASBA writes to Chairman Dodd and Ranking Member Shelby in order to voice its support of the provisions of Sections 404(b) of the SOX Act of 2002 and to strongly urge that you forego any further extension of the compliance deadlines from the provisions of Section 404(b) for those public companies with…
AICPA Response to CO Board of Accountancy on International Standards 10/31/09
Written on October 31, 2009 at 8:28 pm, by jpotash
October 31, 2009 AICPA responds to the Colorado State Board of Accountancy’s letter concerning the testing of international standards on the Uniform CPA Examination. It goes on to state that the knowledge of IFRS is in a testing phase of now but the results can be found in the Final Report of the U.S. Treasury…
Colorado State Board Accountancy Draft Letter on Board of Examiners 10/7/09
Written on October 7, 2009 at 8:34 pm, by jpotash
October 7, 2009 In August the Colorado State Board of Accountancy received a “Preview” copy of the document named “Content and Skill Specifications for the Uniform CPA Examination” from the Board of Examiners (BOE) and a cover letter addressed to State Board Executive Directors. As noted in the letter, the Preview includes “guidance on the…
AICPA Supports Consumer Protections, Urges Caution on Regulating CPAs 9/23/09
Written on September 23, 2009 at 9:08 pm, by jpotash
September 23, 2009 Incoming AICPA Chairman Robert Harris told a congressional committee Wednesday that the Institute supports stronger protections for financial consumers but cautioned that one bill under consideration is overly broad and could burden CPA’s with excessive regulation. See Full Document:AICPA Supports Consumer Protections Urges Caution Regulating CPAs
Response to Proposed Statement on Standards for Accounting 6/25/09
Written on June 25, 2009 at 8:55 pm, by jpotash
June 25, 2009 NASBA comments on the Accounting and Review Services Committee (ARSC) of the American Institute of Certified Public Accountants (AICPA or Institute) on the Exposure Draft (Exposure Draft) on “Proposed Statement on Standards for Accounting and Review Services” (SSARS). See Full Document:Response to Proposed Statement on Standards for Accounting
Letter of Comment from NASBA to ARSC 6/23/09
Written on June 23, 2009 at 8:30 pm, by jpotash
June 23, 2009 NASBA comments to the Accounting and Review Services Committee (ARSC) of the American Institute of Certified Public Accountants (AICPA or Institute) on the Exposure Draft on “Proposed Statement on Standards for Accounting and Review Services” (SSARS). The Exposure Draft proposes independence for review engagements at the profession’s core and, should it be…