Tag Archives: UAA

UAA Discussions Continue

State Board Report July 2015 What is the impact on inter-state mobility of states having different rules for CPA-inactive and/or CPA-retired designations? Uniform Accountancy Act Committee Chair J. Coalter Baker (TX) told the Regional Meetings his committee continues to ask this question as a task force works to determine the best rules for what such…

NASBA UAA Committee Projects

State Board Report January 2015 The NASBA Uniform Accountancy Act Committee, led by Chair J. Coalter Baker (TX), will be working on several projects this year, including: Inactive/Retired CPAs – What they can and can’t do under the UAA and Model Rules and if that needs to be changed. Barton W. Baldwin (NC), Lori J.…

NASBA BOD Okays Firm Mobility in UAA

State Board Report May 2014 The seventh edition of the Uniform Accountancy Act, to be released in May, will contain two major changes from the previous edition: a revised definition of “attest” and provisions for firm mobility. These changes have been approved by both the NASBA and the AICPA Boards of Directors. The revised “attest”…

Firm Mobility Comments Due

State Board Report January 2014 The comment deadline for the Uniform Accountancy Act exposure draft on firm mobility language is January 31, 2014. “Seventeen Boards have adopted firm mobility in some shape or fashion. UNIFORMITY is the desired goal. Therefore, it is the position of the joint UAA Committee and the NASBA and AICPA Boards,…

UAA Firm Mobility Language ED Out

State Board Report October 2013 The NASBA Board of Directors and the AICPA Board of Directors have each approved for exposure firm mobility language that would be included in the Uniform Accountancy Act. The vote to expose came on September 25, when the NASBA Board held a special conference call to discuss the proposed language.…

New UAA Exposure Draft on Firm Mobility

October 10, 2013 The NASBA Boards of Directors and the AICPA Board of Directors have each approved for exposure firm mobility language that would be included in the Uniform Accountancy Act. The vote to expose came on September 25, when the NASBA Board held a special conference call to discuss the proposed language. A few…

Comments on UAA “Attest”

State Board Report September 2013 NASBA Uniform Accountancy Act Committee Chair Kenneth R. Odom (AL) is reminding State Boards and other interested parties to consider the proposed revisions to the UAA (dated July 17, 2013), and to submit their comments to staff liaison Louise Dratler Haberman (lhaberman@nasba.org) by October 17, 2013. The proposed change to…

Exposure Draft – UAA Definition of “Attest”

July 17, 2013 This exposure draft contains revisions to the UAA, which are designed to incorporate a change in the definition of “attest.” The needs of clients and the marketplace, and scope of services, are changing. Historically, even as little as five years ago, assurance and attestation services were discussed in the context of, and generally…

Change in “Attest” Definition Proposed

State Board Report July 2013 The definition of “attest” is what only a licensed CPA practicing in a licensed CPA firm can do, explained AICPA Vice President Sue Coffey, at the NASBA Regional Meetings. “The definition of attest is used in multiple places in the Uniform Accountancy Act, so it is critical to get this…

Employment Discrimination is an Act Discreditable

State Board Report June 2012 Responding to NASBA Past Chair Nathan Garrett's urging at NASBA's 2011 Annual Meeting, the AICPA/NASBA Uniform Accountancy Act Committee took a close look at how state laws, the UAA and the Model Rules cover discriminatory hiring. The joint UAA Committee task force, co-chaired by Dwight Hadley and Conrad Davis and…