Tag Archives: August 2010

BRP Constructing Models

State Board Report August 2010 We want to avoid differential standards, NASBA Chair Billy Atkinson told the Blue Ribbon Panel (BRP) on Standard Setting for Private Companies at their third meeting on July 19, 2010, held in Chicago. Having discussed with the NASBA Ethics and Strategic Professional Issues Committee, Regulatory Response Committee and other concerned…

Search for NASBA CEO in Progress

State Board Report August 2010 The Selection Advisory Committee (SAC) is collecting applicants’ resumes for the post of NASBA President and Chief Executive Officer, following the announced resignation of David A. Costello to take effect on January 1, 2012. SAC Chair John B. Peace (AR) reported to the NASBA Board of Directors that ads for…

Board Continues to Debate IFRS on Exam

State Board Report August 2010 The inclusion of questions about International Financial Reporting Standards on the Uniform CPA Examination beginning in January 2011 continued to draw criticism at the July NASBA Board of Directors meeting, held July 23 in Grand Teton, WY. The New York Board is adamantly opposed to such test questions being on…

California Tackles “Hollow 30”

State Board Report August 2010 The California Board of Accountancy has established an Accounting Education Committee (AEC) to discuss a framework for the additional 20 hours of accounting study beyond the baccalaureate degree necessary for licensure after January 1, 2014 as required by the passage of Senate Bill 819. Another 10 hours of ethics education…