Category Archives: State Board Reports

August 2015 – Full Issue

Bylaws Revisions Proposed

State Board Report August 2015 Proposed changes to NASBA’s Bylaws are being sent to the member Boards of Accountancy for their consideration. At the NASBA Board of Directors July 17 meeting in Seattle, recommended changes were presented by Bylaws Committee Chair Edwin G. Jolicoeur (WA) and discussed by the NASBA Board. Changes being proposed to…

Canada Readies for 1st CPA Graduates

State Board Report August 2015 CPA Canada is anticipating 3,000 candidates will take the initial offering of their Common Final Examination (CFE), to be administered September 16-18, 2015. Successful completion of the three-day examination will produce the first CPA (Chartered Professional Accountants) graduates. The CFE will consist of: Day 1 – A four-hour comprehensive case…

President’s Memo: World’s Premier Accounting Credential = U.S. CPA

State Board Report August 2015 Some of you may have flinched a bit when you read the title of this month’s President’s Memo. For many of us who have been associated with the regulation of the accounting profession for years, any promotion of the profession was considered conflicting — and for a few it bordered…

White House Study on Licensing

State Board Report August 2015 As more than one-quarter of U.S. workers now require a license to do their jobs, the White House issued a report on July 28 on "Occupational Licensing: A Framework for Policymakers," calling for state legislators to adopt reforms that promote "a more careful and individualized approach to occupational regulation that…

BOD Considers Exam, IT and Discipline

State Board Report August 2015 At the July 17, 2015 NASBA Board of Directors meeting, potential changes in the NASBA Bylaws were discussed, IT security measures reviewed, the organization’s investment strategy clarified, and plans for leadership development outlined. NASBA Chair Walter Davenport (NC) congratulated the Regional Directors for the success of the 2015 NASBA Regional…

30 States at PROC Conference

State Board Report August 2015 Compliance Assurance Committee Chair Janice Gray (OK) reported to the NASBA Board of Directors that the July 10, 2015 PROC (Practice Review Oversight Committee) Summit in Nashville had the largest attendance in the event’s history, with 30 states participating either through a representative of a Board of Accountancy or the…

July 2015 – Full Issue

PCC Needs to Continue Outreach

State Board Report July 2015 The importance of getting quality and timely feedback from private company stakeholders on developing issues was stressed by Private Company Council (PCC) Chairman Billy M. Atkinson. In reviewing for the Western Regional Meeting the PCC’s accomplishments in its first two and a half years, Mr. Atkinson reported the PCC had…

UAA Discussions Continue

State Board Report July 2015 What is the impact on inter-state mobility of states having different rules for CPA-inactive and/or CPA-retired designations? Uniform Accountancy Act Committee Chair J. Coalter Baker (TX) told the Regional Meetings his committee continues to ask this question as a task force works to determine the best rules for what such…