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May, 15 2017

Author: Dina Barabash, Content Development and Web Specialist
Posted: May 15, 2017

NASBA President and CEO, Ken Bishop, sat down with Michael Dexter-Smith FCA (ICAEW), and current executive officer for the Association of Chartered Accountants in the United States (ACAUS). The Experts in the Ether video series discusses an array of relevant accounting topics affecting the profession and the members of ACAUS. In this interview, Bishop points out that NASBA serves as the voice for state boards, and while it is impossible for every Board of Accountancy to have an individual voice in Washington, internationally and with different stakeholder groups, NASBA is positioned well to give boards a strong voice both nationally and internationally.

By helping to ensure consistency in the international evaluations of an accountant’s education and even offering its competitors proper training, NASBA can provide a new level of integrity to better protect the public. Bishop goes on to advise the international community on how to avoid a credentialing mistake.

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In late 2016, NASBA’s Board of Directors okayed Unilateral Pathway, but Bishop says the unilateral approach will not replace any Mutual Recognition Agreement (MRA) that exists or could exist. In fact, as NASBA continues working with the UK, Bishop explains that conversations have changed from pathways to MRAs. He also outlines future goals set for accountants on both sides of the pond.

In prior years, many state boards did not feel a strong connection to NASBA. Today, through Bishop’s leadership and re-emphasis on the Boards of Accountancy, all of that has changed and the organization, as well as the accounting profession around the world, continues to evolve. Watch the full video to hear Bishop discuss the new roles of CPAs, trends, what keeps him up at night, and much more.

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