Tag Archives: 2010

Selection Advisory Process

Pursuant to David Costello’s announced retirement date of December 31, 2011, the NASBA Executive Committee studied the appropriate approach and process to determine a replacement. After much consideration, including assuring an appropriate level of State Board member input, the following approach is being proposed to the NASBA Board of Directors for approval at its April…

Written on April 5, 2011 at 2:20 pm, by

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Categories: Publications
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Blue-Ribbon Panel Addresses Standards for Private Companies

Proposes Separate Standards Board and GAAP with Exceptions Norwalk, CT, (December 10, 2010) — The blue-ribbon panel addressing how U.S. accounting standards can best meet the needs of users of private company financial statements continued its discussion today of a potential new standard-setting board for private companies, reaffirming a consensus view reached in October that…

Written on December 10, 2010 at 4:16 pm, by

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Categories: Press Releases
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Discussion Papers from the Ethics & Strategic Professional Issues Committee

December 7, 2010 The following Discussion Papers are from the Ethics & Strategic Professional Issues Committee regarding the Audit Fees and Engagement Discussion and the Uniform Independence Definition Discussion. These papers monitor and evaluate the issues of the AICPA’s Professional Ethics Executive Committee (PEEC), to harmonize ethics standards of State Boards of Accountancy with other regulatory…

Written on December 7, 2010 at 4:35 pm, by

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Categories: Exposure Drafts & Discussion Papers
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UAA Exposure Draft – Firm Name Recommendation

December 7, 2010 The AICPA/NASBA Uniform Accountancy Act (UAA) Committee has worked over the past year to consider guidelines as to what are and what are not misleading CPA firm names. The proposed changes to the Uniform Accountancy Act (UAA) and Uniform Accountancy Act Model Rules (Model Rules) in this exposure draft are the result…

Written on December 7, 2010 at 4:13 pm, by

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Categories: Exposure Drafts & Discussion Papers
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Consultant’s Report Backs Washington Board

State Board Report December 2010 An analysis to evaluate the effectiveness, economy and accountability of merging the Washington State Board of Accountancy into the Washington State Department of Licensing found such a merger would “result in a significant decrease in the accountability of the Board to the public and the profession” with “little or no…

Written on December 2, 2010 at 5:51 pm, by

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Categories: State Board Reports
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NASBA Amicus Brief – AL

November 8, 2010 In this document you will find the Brief For Amicus Curiae of the National Association of State Boards of Accountancy in Support of Defendant. At issue in this case is the enforcement by the Alabama State Board of Public Accountancy (“ASBPA”) of its peer review requirements against the plaintiff, an Alabama CPA.…

Written on November 8, 2010 at 7:11 pm, by

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Categories: Legal Documents
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BRP Big Topic at NASBA Annual

State Board Report November 2010 The AICPA/FAF/NASBA Blue Ribbon Panel (BRP) on Standard Setting for Private Companies has determined that there is a problem in U.S. GAAP being relevant and overly complex for private companies, and the Panelists have whittled down to two their possible recommended solutions to this situation. Both solutions would have standards…

Written on November 2, 2010 at 5:59 pm, by

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Categories: State Board Reports
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NASBA Announces 2010 Award Recipients

NASHVILLE, TN (October 27, 2010) – The National Association of State Boards of Accountancy (NASBA) announced its annual awards recipients on Tuesday, October 26, 2010, during its 103rd Annual Meeting in San Antonio, Texas. See Full Press Release:NASBA Announces 2010 Award Winners

Written on October 27, 2010 at 4:19 pm, by

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Position Paper on Semi-Independent State Boards of Accountancy

October 22, 2010 NASBA has developed this position paper because it is deeply concerned that the authority, the resources, and the reporting relationship to the state legislature and Governor are inappropriate or inadequate for many Accountancy Boards. If an Accountancy Board is not able to satisfy its public protection responsibility because it lacks financial resources…

Written on October 22, 2010 at 6:31 pm, by

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Categories: Exposure Drafts & Discussion Papers
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Discussion Paper Final Uniform Independence Definition

October 22, 2010 Monitor and evaluate the issues of the AICPA’s Professional Ethics Executive Committee (PEEC), to harmonize ethics standards of State Boards of Accountancy with other regulatory bodies, to promote the development and adoption of UAA ethics provisions uniformly among the states, and to share with state boards emerging ethics and other professional issues.…

Written on October 22, 2010 at 3:47 pm, by

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