Tag Archives: Noel Allen
Whistleblowing Tackled by CPT/Baruch Panel
State Board Report December 2012 How serious is the issue of whether or not accountants can whistleblow? The topic was addressed at NASBA’s Annual Meeting by Noel Allen, and then again by Mr. Allen and other attorneys at the Baruch College/Center for the Public Trust (CPT) conference on November 29 in New York City. Mr.…
Attorneys Consider Incorporated Standards
State Board Report April 2012 Attorneys and investigators from 22 Accountancy Boards considered mobility implementation, ways Boards use social media, standards incorporated by reference, conducting an investigation, audits performed by non-U.S. auditors and the Accountancy Licensee Database at the 17th State Board Legal Counsel Conference, March 11-13 in San Antonio. Stacey Grooms, NASBA Regulatory Affairs…
Allen and Young Differ on Need for Rules
State Board Report November 2011 Mandatory rotation of audit firms will not work, Michael Young, Esq., flatly stated at the NASBA Annual Meeting, observing, “We are in the midst of a rule-making frenzy.” He stated, “What motivates a professional is a job well done. The solution is not piling on more rules. It should be…
Allen Sees Boards Under Attack
State Board Report July 2011 The way the State Boards are regulating accountancy is under attack from three fronts, NASBA Legal Counsel Noel Allen told the Regional Meetings. First there have been over a dozen cases this year where the respondent to a Board’s action has challenged the Board’s authority. Second, there have been legislative…
NASBA Amicus Briefs for TX Board and PCAOB
State Board Report November 2009 NASBA’s Legal Counsel Noel Lee Allen has submitted amicus briefs in support of the Texas State Board of Public Accountancy and the Public Company Accounting Oversight Board (see NASBA Web site for complete text of both). The major issue in the Texas case was the Board’s ability to discipline CPAs…
Allen Sees IFRS Changing State Laws
State Board Report October 2009 After listening to several speakers urge the adoption of international “high quality financial standards,” Noel Allen, NASBA legal counsel, took the FIAR podium and stated,” I believe you are on a proper course, but let’s make sure how we get there. …When states adopt standards by reference, each has different…