October 22, 2010

NASBA has developed this position paper because it is deeply concerned that the authority, the resources, and the reporting relationship to the state legislature and Governor are inappropriate or inadequate for many Accountancy Boards. If an Accountancy Board is not able to satisfy its public protection responsibility because it lacks financial resources or operational autonomy, ordinary citizens and business owners can incur economic loss and financial distress. As a consequence, the state legislature and Executive Branch, along with the Accountancy Board, become subject to public criticism.

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Semi-Independent State Boards of Accountancy Position Paper

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