Tag Archives: 2008

CA Comments On Education and Licensure Requirements for CPA Draft 12/8/08

December 8, 2008 California Board of Accountancy comments on NASBA’s discussion paper titled “Education and Licensure Requirements for Certified Public Accountants: A Discussion Regarding Degreed Candidates Sitting for the Uniform CPA Examination with a Minimum of 120 Credit Hours (120- HOurs Candidate) and becoming eligible for Licensure with a Minimum of 150 Credit Hours (150…

Written on December 8, 2008 at 1:35 pm, by

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Categories: Comment Letters
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Texas Comments on Education and Licensure Requirements for CPA Draft 11/25/08

November 25, 2008 Dear Ms. Axisa: The Texas State Board of Public Accountancy considered the NASBA draft report of the 120/150 Education and Licensure Requirements for the CPAs at its July 24, 2008, meeting. Discussion centered on the impact a change from the 150-hour education requirement to a reduced 120-hour requirement to be eligible for…

Written on November 25, 2008 at 8:36 pm, by

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FSA Comments on Education and Licensure Requirements for CPA Draft 11/10/08

November 10, 2008 Federation of Schools of Accountancy comments on NASBA 120/150 discussion paper “Education and Licensure Requirements for Certified Public Accountants: A Discussion Regarding Degreed Candidates Sitting for the Uniform CPA Examination with a Minimum of 120 Credit Hours and Becoming Eligible for Licensures with a Minimum of 150 Credit Hours” See Full Document:…

Written on November 10, 2008 at 7:49 pm, by

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Education and Licensure Requirements for CPAs Draft Paper – November 2008

November 2008 Adoption of the 150-hour requirement was not done in haste. The quest for the 150-hour education requirement goes back to the time when NASBA was called the Association of CPA Examiners and the American Institute of Accountants (AIA) was still not a part of the AICPA. The requirement was brought about by many…

Written on November 7, 2008 at 2:23 pm, by

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Categories: Exposure Drafts & Discussion Papers
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120/150 Hours Draft as of November 2008

November 4, 2008 Adoption of the 150-hour requirement was not done in haste. The quest for the 150-hour education requirement goes back to the time when NASBA was called the Association of CPA Examiners and the American Institute of Accountants (AIA) was still not a part of the AICPA. The requirement was brought about by…

Written on November 4, 2008 at 2:47 pm, by

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Categories: Exposure Drafts & Discussion Papers
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Education Committee re: 120/150 Hours 11/2008

November 2008 In November 2008, NASBA issued a discussion draft (the Draft) reporting research it conducted to explore and research the implications of allowing CPA candidates to sit for the Uniform CPA Examination with a minimum of 120 credit hours. The stated impetus for the study was the increasing number of states changing their requirements…

Written on November 1, 2008 at 6:58 pm, by

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Kentucky Society Comments on Education and Licensure Requirements for CPA Draft 11/1/08

November 1, 2008 This document contains a letter from the Kentucky Society of Certified Public Accountants to David Costello with comments regarding the “120 Credit Hour Option to Sit for the CPA Exam with Mandatory 150 Credit Hour License Eligibility.” See Full Document:Kentucky Society  Response on 120/150 Hours Draft November 2008

Written on November 1, 2008 at 1:49 pm, by

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2008 Annual Meeting, Bob Bunting, Role of State Regulators in Global Standards Setting

October 29, 2008 Obstacles to Common Standard and Uniform Quality: Competition Sovereignty and national pride Champion Industries Politics Cost and inconvenience Representation Implementation Leading to a lack of collaboration… and yet… See Full Presentation:Role of State Regulators

Written on October 29, 2008 at 8:01 pm, by

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2008 Annual Meeting, Judith H. O’Dell, What About Private Companies?

October 28, 2008 Outline: About the Private Companies Financial Reporting Committee IFRS for Private Entities Possibilities for U.S. private companies See Full Presentation:IFRS and Private Companies Report

Written on October 28, 2008 at 8:16 pm, by

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2008 Annual Meeting, Leslie F. Seidman, The Case for Global Accounting Standards

October 28, 2008 International Convergence: Why? A single set of high-quality accounting standards is key to a global reporting system The rest of the world has spoken (not U.S. GAAP) Facilitates world-wide investment Reduces the cost of capital Reduces operational costs See Full Presentation:Global Accounting Standards Report

Written on October 28, 2008 at 7:55 pm, by

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