Tag Archives: November 2009

Educators Say IFRS is Being Taught

State Board Report November 2009 Accounting programs are already covering International Financial Reporting Standards, a three‐member panel of educators told NASBA’s Annual Meeting. Brigham Young University Professor Kevin D. Stocks said his school’s board of advisers has already made IFRS part of the curriculum, comparing them to US rules. CUNY Baruch College Dean John A.…

Written on November 14, 2009 at 9:10 pm, by

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ARSC Panel Exchanges Views

State Board Report November 2009 How independent does a CPA need to be to issue a review report? Rick Isserman (NY), chair of the NASBA Regulatory Response Committee moderated an Annual Meeting panel, including Sheila Birch (OH), Gerald Burns (OR), Thomas Sadler (WA) and Ray Stephens (OH), discussing this question as raised by a recent…

Written on November 13, 2009 at 9:11 pm, by

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Three Boards Report on Dramatic Year

State Board Report November 2009 Unusual developments at the Connecticut, New York and Washington Boards were summarized for the Annual Meeting audience by David Guay (CT), Mary Beth Nelligan‐Goodman (NY) and Richard C. Sweeney (WA). Connecticut Board Executive Director Guay described his agency’s struggle for survival. “The emphasis was not on the quality of the Board’s…

Written on November 10, 2009 at 9:13 pm, by

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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…

Written on November 9, 2009 at 9:15 pm, by

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Chair Sadler Summarizes Year

State Board Report November 2009 NASBA 2008‐09 Chair Thomas J. Sadler congratulated the State Boards, over 250 NASBA volunteers and NASBA staff on their accomplishments over the past year. He told NASBA’s 2009 Annual Meeting, that together, the Boards and NASBA had: • Increased the number of states passing mobility legislation to 45, with five…

Written on November 9, 2009 at 9:14 pm, by

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