Tag Archives: standards

Exposure Draft – Statement on Standards for CPE Programs

September 12, 2011 The Statement on Standards for Continuing Professional Education (CPE) Programs (Standards) is published jointly by the American Institute of Certified Public Accountants (AICPA) and the National Association of State Boards of Accountancy (NASBA) to provide a framework for the development, presentation, measurement, and reporting of CPE programs. The Standards were last revised in…

Written on August 17, 2011 at 11:34 am, by

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Categories: Exposure Drafts & Discussion Papers
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Audit Fees and Engagement Discussion Paper

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 4:41 pm, by

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Categories: Exposure Drafts & Discussion Papers
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BRP Continues Debate

State Board Report October 2010 While the AICPA/FAF/NASBA Blue Ribbon Panel (BRP) on Private Company Standard Setting members have agreed that more attention needs to be paid to private companies’ problems with financial reporting standards, the 18‐member body has not yet resolved how this should be accomplished. At the conclusion of the October 8, 2010…

Written on October 9, 2010 at 6:36 pm, by

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Categories: State Board Reports
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Panel Begins Standards Discussion

State Board Report May 2010 The need for private company accounting standards has been an issue for many years, Financial Accounting Foundation (FAF) President Teresa Polley observed as the AICPA/FAF/NASBA Blue Ribbon Panel on Standard Setting for Private Companies (BRP) kicked off their discussions on April 12 in New York City. “A confluence of events,”…

Written on May 22, 2010 at 7:59 pm, by

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Categories: State Board Reports
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Countries Told to Forgo Carve-Outs

State Board Report October 2009 Representatives from Bermuda, Canada, China, Denmark, Mexico, New Zealand, the Philippines, Poland, the United Kingdom and the State Boards of Accountancy were told by Fermin del Valle, former International Federation of Accountants chair, that they need to consider convergence of standards as adoption, not accommodation, of international standards. Addressing the…

Written on October 8, 2009 at 9:22 pm, by

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NASBA in Support of Independently Funded Accounting Standard Setting Board

August 5, 2009 — The National Association of State Boards of Accountancy (NASBA) supports the grand ideal of global accounting and auditing standards that are developed by highly qualified representatives of subscribing governments. “These standard setters and any standard setting body to which they’re attached must be truly independent,” noted NASBA President, David Costello, at…

Written on August 5, 2009 at 4:46 pm, by

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Categories: Press Releases
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Seidman & O’Dell Look at IFRS

State Board Report November 2008 It makes sense that there be a single set of high quality accounting standards around the world, Financial Accounting Standards Board Member Leslie F. Seidman told the Annual Meeting audience. Over the years, the differences between the standards issued by the International Accounting Standards Board and the FASB have been narrowed,…

Written on November 13, 2008 at 12:57 am, by

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Categories: State Board Reports
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UAA Rule 7-3 Works with New Standards

State Board Report September 2007 Looks like the revisions to the AICPA’s peer review standards will be in agreement with the changes NASBA recently made to the Uniform Accountancy Act Model Rule 7-3, Thomas J. Sadler, chair of NASBA’s Compliance Assurance Committee concluded after attending the August 28 meeting of the AICPA’s Peer Review Board.…

Written on September 6, 2007 at 8:13 pm, by

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