Category Archives: Publications

NASBA Comments on “Evolving the CPA Profession’s Peer Review Program for the Future” Paper

NASBA, AICPA Issue Exposure Draft of Proposed Changes to CPE Standards

May 19, 2015 NASBA and the AICPA have issued proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards) for public comment. Published jointly by NASBA and the AICPA, the Standards provide a framework for the development, presentation, measurement and reporting of CPE programs. The following documents are available for download:…

May 2015 – Full Issue

NASBA Urges DOL to Report to Boards

State Board Report May 2015 Talks with leaders of the Department of Labor and NASBA Executive Vice President Colleen K. Conrad and NASBA Chief Legal Officer Maria-Lisa Caldwell have been moving forward to have the DOL provide referrals of inadequate employee benefits plan audits performed by CPAs sent to the State Boards of Accountancy at…

President’s Memo: Audit Quality – A Top State Board Issue?

State Board Report May 2015 In late April, the NASBA Nominating Committee met in Dallas to select a nominee for Vice Chair 2015-2016 of NASBA. The Committee, whose members are elected by each of the NASBA Regions, instituted a new process this year wherein the candidates were interviewed using predetermined questions. When asked to name…

Atkinson to Leave PCC

State Board Report May 2015 Past NASBA Chair Billy M. Atkinson, CPA (TX), will be concluding his term as Chairman of the Public Company Council (PCC) on December 31, 2015 and has announced that he will not seek a second term at the PCC’s helm. As the first Chairman of the organization, established by the…

PCAOB Transparency Bill Back

State Board Report May 2015 Once again a bill, that would make hearings by the Public Company Accounting Oversight Board (PCAOB) and all related notices, orders and motions transparent and available to the public unless otherwise ordered by the PCAOB, was introduced by Senator Jack Reed (D-RI) and Senator Chuck Grassley (R-IA) on April 23.…

Board Releases Proposed CPE Standards

State Board Report May 2015 Revisions for the Statement on Standards for Continuing Professional Education Programs, as appended to the Uniform Accountancy Act, were released for comment on Friday, April 24, by both the NASBA and the AICPA Boards of Directors. The comment deadline is October 1, 2015. Among the most significant proposed changes being…

2015 Research Grants Approved

State Board Report May 2015 Acting upon the recommendations of the NASBA Education Committee, the Board of Directors at their April 24 meeting approved the awarding of the 2015 NASBA Accounting Education Research Grants to: "Causal Effect of Changes in Business School Accreditation on CPA Exam Success Rates" – Pamela Baker, Ph.D., CPA, CGMA Associate…

Ted Lodden Vice Chair Nominee

State Board Report May 2015 Telford A. Lodden, CPA (IA), was selected on April 30 as the Nominating Committee’s candidate for NASBA Vice Chair 2015-2016, to stand for election at the October Annual Business Meeting. If elected Vice Chair by the member State Boards of Accountancy, Mr. Lodden will automatically accede to NASBA Chair 2016-2017.…