Tag Archives: SBR

HHS Wants Accountancy Boards to Report

State Board Report September 2010 Efforts continue to clarify the State Accountancy Boards’ responsibility to report to the Healthcare Integrity and Protection Data Base (HIPDB), housed in the US Department of Health and Human Services. In February Governors were sent a letter requesting their assistance in filling in information gaps in the HIPDB, and then…

Written on September 5, 2010 at 6:38 pm, by

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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…

Written on August 9, 2010 at 6:45 pm, by

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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…

Written on August 6, 2010 at 6:48 pm, by

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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…

Written on August 5, 2010 at 6:47 pm, by

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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…

Written on August 1, 2010 at 6:52 pm, by

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Committees Ask Boards for Input

State Board Report July 2010 State Boards were asked to begin studying several proposals unveiled at the 2010 NASBA Regional Meetings, held June 9‐11 in Charleston, SC, and June 23‐25 in Seattle, WA, and to send their comments to the committees that initiated those proposals. The State Board Relevance and Effectiveness Committee, led by Carlos…

Written on July 24, 2010 at 6:58 pm, by

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Boards Urged to Oversee Peer Review

State Board Report July 2010 The Boards “may have dropped the ball in making sure the peer review process is working properly,” NASBA Compliance Assurance Committee Chair Kenneth R. Odom (AL) told the Eastern Regional Meeting. At the Western Regional Meeting, Committee member Edwin G. Jolicouer (WA) noted, “There is no outside independent oversight of…

Written on July 18, 2010 at 7:54 pm, by

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Exam Developments Reviewed

State Board Report July 2010 How NASBA, the AICPA and Prometric are working together to build a continually improving examination process was discussed at the Eastern and Western Regional Meetings. Walter Davenport (NC), chairman of NASBA’s CPA Licensing Examination Committee (CLEC) , reported that through NASBA’s proposed Guam Customer Service Center, candidates will be able…

Written on July 1, 2010 at 6:56 pm, by

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NASBA Meets with CPE Sponsors

State Board Report June 2010 Representatives from approximately 30 members of the NASBA CPE Sponsor Registry met with NASBA’s Continuing Professional Education Advisory Committee and NASBA staff on May 24 in Nashville. The half‐day meeting was designed to gather input about ways in which to make the Registry’s Standards and requirements more effective and efficient.…

Written on June 23, 2010 at 7:56 pm, by

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Panelists Ponder Users’ Needs

State Board Report June 2010 Financial report users, preparers, standard setters and others spoke out at the May 14 meeting of the AICPA/FAF/NASBA Blue Ribbon Panel (BRP) on Standard‐ Setting for Private Companies. Financial Accounting Foundation President Terri Polley observed, “I think this group was formed to explore the needs of users – and what…

Written on June 23, 2010 at 7:55 pm, by

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