Category Archives: State Board Reports

ACAUS Members Seek US Recognition

State Board Report April 2015 Over 7,000 members of the Association of Chartered Accountants in the United States are at work in this country. Approximately 2,600 call the Institute of Chartered Accountants of England and Wales their home institute, and 2,500 are members of the Chartered Professional Accountants of Canada, with the rest being members…

Nominating Committee Request

State Board Report April 2015 There is still time to submit names to NASBA’s Nominating Committee for positions on the 2015-16 NASBA Board of Directors. Qualified current State Board members and NASBA Associates are encouraged to submit letters of interest with biographical information to Nominating Committee Chair Carlos E. Johnson (via Anita Holt at aholt@nasba.org)…

Education Pathways Progressing

State Board Report April 2015 There is a need to bring accounting practice and accounting education better together, William F. Ezzell, Co-Chair of the American Accounting Association/AICPA Pathways Commission, told the Executive Directors. A huge shortage of accounting faculty exists, he noted, and transitioning retired CPAs into the academic community has been one of the…

Cases to Consider

State Board Report April 2015 In Tampa, the Executive Directors and Legal Counsel were alerted to several recent cases that have potential bearing on the Boards of Accountancy. Among the cases highlighted by Noel Allen, NASBA outside legal counsel, were: Simic v. Accountancy Board of Ohio, 15 N.E.3d 1246 (Ohio Ct. App 2014) – The…

EDs Hear Accreditation is a Top Issue

State Board Report April 2015 One of NASBA’s biggest issues this year continues to be education, NASBA Chair Walter Davenport told the Boards’ Executive Directors and Legal Counsel attending the March meetings in Tampa. While many universities are awarding course credit for life experience, that is not recognizable on the transcripts sent to State Boards.…

President’s Memo: A Shout-Out for the Public

State Board Report April 2015 Often, the topics for this Memo are the result of current events, developing issues or on-going matters of importance. On occasion, I get recommendations from stakeholders, which I truly appreciate. I recently received an email from a former public member of a northwest Board of Accountancy who remains an important…

VA Board Ups Communications Efforts

State Board Report April 2015 Besides having a member on the NASBA Communications Committee, Stephanie Saunders, the Virginia Board of Accountancy has added a communications manager to its staff. Wade Jewell told the Executive Directors conference that, within three months of his becoming the Executive Director of the Virginia Board, he knew a Communications Manager…

Business Case for Diversity

State Board Report April 2015 Bringing more minority group members into the CPA ranks has been a goal of the AICPA since 1969, but it is now clear that this goal has a strong business case based on demographics, the business imperative and human capital, Ralph A. Thomas, CEO of the New Jersey Society of…

NASBA Keeps in Contact with Agencies

State Board Report April 2015 NASBA representatives have met, held conference calls and/or exchanged email regularly since 2014 with staff of the IRS, DOL, SEC and PCAOB, gaining a better understanding of the enforcement process at each agency, reported NASBA Regulatory Affairs Manager Stacey Grooms at the ED Conference. These meetings have resulted in the…

EDs of Societies and Boards Meet

State Board Report April 2015 Reviving a joint event last staged approximately a score of years ago, the executive directors of State Boards of Accountancy met with the executive directors of State CPA Societies, March 24-25 in Tampa, FL. Executive Directors Committee Chair Russ Friedewald (IL) reported the 33rd NASBA Annual Conference for Executive Directors…