Tag Archives: State Board Report

Candidates Rush in Before CBT-e

State Board Report November 2010 The fourth window of 2010 has seen the highest CPA candidate volume since computer‐based testing was launched in 2004, Board of Examiners Chair Douglas E. Warren told the Annual Meeting. The BOE attributes the increase to a natural growth in demand for the examination, but also changes to the content…

Written on November 7, 2010 at 5:57 pm, by

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NASBA Submits Amicus Brief in Peer Review Case

State Board Report November 2010 The Alabama State Board of Public Accountancy’s peer review requirement is being challenged by a CPA firm as being “arbitrary and capricious in nature, and not tied to any ascertainable standard or methodology.” On November 8, NASBA submitted its amicus curiae brief in support of the Board’s position in the…

Written on November 6, 2010 at 6:03 pm, by

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Goelzer Says States Can Talk to PCAOB

State Board Report November 2010 While the Dodd‐Frank Act gives the Public Company Accounting Oversight Board (PCAOB) the ability to share information with foreign regulators, PCAOB Acting Chairman Daniel L. Goelzer explained, “Dodd‐Frank does not put foreign oversight bodies on a better footing than the State Boards. They will not get any additional information.” Addressing…

Written on November 5, 2010 at 5:54 pm, by

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NASBA Reaches Out to Educators

State Board Report November 2010 NASBA will be awarding up to $25,000 for accounting education research, Education Committee Chair Mark Harris announced at the Annual Meeting. He reported the grant program, which may cover a maximum of three projects, was approved by the NASBA Board of Directors at their October meeting. Details are to be…

Written on November 3, 2010 at 6:01 pm, by

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BRP Big Topic at NASBA Annual

State Board Report November 2010 The AICPA/FAF/NASBA Blue Ribbon Panel (BRP) on Standard Setting for Private Companies has determined that there is a problem in U.S. GAAP being relevant and overly complex for private companies, and the Panelists have whittled down to two their possible recommended solutions to this situation. Both solutions would have standards…

Written on November 2, 2010 at 5:59 pm, by

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NASBA Introduces Learning Market

State Board Report October 2010 NASBA’s Compliance Services Division has rolled Learning Market. LearningMarket.org is replacing the CPEmarket.com Web site and will be home to the National CPE Sponsor Registry, Quality Assurance Service (QAS) and CPE State Roster information that previously was stored on NASBAtools.com. Individuals looking for continuing professional education from highly‐qualified CPE sponsors will be…

Written on October 30, 2010 at 6:30 pm, by

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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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Washington Board Gets Good Review

State Board Report October 2010 An independent review of the Washington State Board of Accountancy’s policies and procedures was completed on August 11 and resulted in the conclusion that the Board “operates exceptionally well and in accordance with all applicable laws.” The review was done by Zwillinger Greek Zwillinger & Knecht, PC, of Phoenix, AZ.…

Written on October 8, 2010 at 6:34 pm, by

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Top Schools in Report

State Board Report October 2010 The 2010 edition of the NASBA Candidate Performance on the Uniform CPA Examination is out, reporting statistics on the 2009 Uniform CPA Examination. While the charts shown In the September issue of the sbr were accurate, some of the text in the story was not. The following are the top…

Written on October 2, 2010 at 6:17 pm, by

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Russian Case Comes to CA Board

State Board Report September 2010 Counsel for imprisoned Russian oil tycoon Mikhail Khodorkorsky has asked the California Board of Accountancy to revoke the license of Douglas Miller, the former PricewaterhouseCoopers partner who approved the withdrawal of PWC’s audit opinions of Mr. Khodorkovsky’s company, OAO Yukos. Mr. Khodorkorsky has been accused of embezzling tens of billions…

Written on September 8, 2010 at 6:41 pm, by

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