Category Archives: Publications
NASBA Comments on Proposed Revisions for Ethics Interpretation 101-2, AICPA Professional Ethics Division, Exposure Draft 11/26/13
Written on January 28, 2014 at 7:36 pm, by agoldstein
January 2014 – Full Issue
Written on January 22, 2014 at 9:22 pm, by agoldstein
ED and Legal Conferences in March
Written on January 22, 2014 at 9:18 pm, by agoldstein
State Board Report January 2014 The NASBA Annual Conference for Executive Directors and Board Staff and the NASBA State Board Legal Counsel Conference will be held in Savannah, GA, March 3-6, 2014. Besides covering the latest issues of importance to those who administer accounting regulation, these conferences provide a unique opportunity for networking that can…
IFAC Decries Diverse Applications
Written on January 22, 2014 at 9:17 pm, by agoldstein
State Board Report January 2014 The International Federation of Accountants reports that jurisdictions appear to be moving apart rather than converging in their regulatory arrangements for auditing and auditor independence requirements. While proposed legislation would mandate the use of clarified International Standards on Auditing (ISAs) for statutory audits within the European Union, “some jurisdictions unnecessarily…
President’s Memo: What Have You Done For Me Lately?
Written on January 22, 2014 at 9:13 pm, by agoldstein
State Board Report January 2014 On January 3 The Tennessean’s headline read: “Munchak Set to Return.” For those who are unfamiliar with Nashville’s professional football team, the Tennessee Titans, “Munchak” is Mike Munchak, the Titan’s head coach. For the last five years (three of which Munchak coached), the Titans’ winning record was somewhat dismal, certainly…
NASBA Writes to MT Governor
Written on January 22, 2014 at 9:02 pm, by agoldstein
State Board Report January 2014 Why should NASBA hold an Annual Meeting in an attractive location? The Montana Board was criticized in the press for attending the 2013 Annual Meeting in Hawaii. In response, NASBA President Ken L. Bishop and Vice President – State Board Relations Daniel J. Dustin wrote to Montana Governor Steve Bullock…
Hong Kong Reviewing Self-Regulation
Written on January 22, 2014 at 8:56 pm, by agoldstein
State Board Report January 2014 Hong Kong’s Financial Reporting Commission (FRC) is set to begin market consultation to reform the city’s system of audit oversight. The effort stems back to a decision of the International Forum of Independent Audit Regulators (IFIAR) not to accept Hong Kong as a member and the findings of a Deloitte…
NY Starts Registering Tax Preparers
Written on January 22, 2014 at 8:49 pm, by agoldstein
State Board Report January 2014 Unlicensed paid tax return preparers in New York State now need to be registered prior to filing any tax returns in calendar year 2014 to avoid penalties. This does not include CPAs, enrolled agents, attorneys, employees of CPA or law firms who prepare tax returns under the direct supervision of…
Illegal Immigrant Gets CA Law License
Written on January 22, 2014 at 8:35 pm, by agoldstein
State Board Report January 2014 Thanks to a California law which went into effect on January 1, 2014, Sergio Garcia, an illegal immigrant, was granted a law license by the California Supreme Court on January 2. The Court unanimously ruled that, “There is no state law or state public policy that would justify precluding undocumented…
Firm Mobility Comments Due
Written on January 22, 2014 at 8:26 pm, by agoldstein
State Board Report January 2014 The comment deadline for the Uniform Accountancy Act exposure draft on firm mobility language is January 31, 2014. “Seventeen Boards have adopted firm mobility in some shape or fashion. UNIFORMITY is the desired goal. Therefore, it is the position of the joint UAA Committee and the NASBA and AICPA Boards,…