2008 Annual Meeting 2007-2008 Priorities • Implement mobility legislation in 30 states • Strengthen the CPA exam and prepare for the contract expiration in 2014 • Consider international delivery of the CPA exam • Improve communications with other U.S. regulatory agencies • Coordinate with international regulators • Establish Compliance Assurance Review Board • Enhance communication tools 2007-2008 Accomplishments • Mobility legislation passed in 31 states • Accountancy Licensee Database fully implemented in 15 jurisdictions. • May exam conference provided important feedback on the future of the CPA exam • State board representatives provided meaningful and significant input to the Board of Examiners • Model for state-based international delivery of the exam in process • Revised Uniform Accountancy Act Model Rule on education approved • Comment letters on proposed rules/standards that could impact state regulation • Draft paper published on 120 hours to sit and 150 hours for licensure issue • Significant input to the U.S. Treasury Department Advisory Committee on the Auditing Profession • Many meetings and conferences with federal regulators • Mutual Recognition Agreements renewed with Canada and Mexico • International Regulators Conference to be held with annual meeting • Strengthening state boards’ Peer Review Oversight Committees • Increased information on NASBA Website as pages for Legislative Support Committee, Communications Committee and Executive Directors Committee launched |
