The NASBA Board of Directors met on January 15 and approved the appointment of Andrea P. Perry, Esq., as a member of the NASBA Center for the Public Trust’s Board of Directors. Ms. Perry has been selected by the legal community as one of the Nashville Business Journal’s “Best of the Bar” for six years. Also continuing as NASBA representatives on the CPT Board are J. Coalter Baker (TX) and Jim Burkes (MS).
The Board offered congratulations to Richard N. Reisig (MT), NASBA Treasurer and Director-at-Large, on beginning his five-year appointment as a member of the Financial Accounting Foundation’s Board of Trustees on January 1.
NASBA’s Strategic Planning Task Force will be presenting their report to the April 2021 Board meeting, Chair A. Carlos Barrera told the Board. With the assistance of Chief Sourcing and Strategy Officer Cheryl Farrar, the Task Force is considering how NASBA’s activities are meeting the 13 objectives specified in the Strategic Plan. The Task Force is also being asked to consider where the CPA profession is going to be in five years and what NASBA should be doing to meet the demands that will be placed on the Boards.
President and CEO Ken Bishop updated the Board on recent discussions he and Executive Vice President and COO Colleen Conrad have had with leaders of the Association of Chartered Accountants in the United States, CPA Canada, Prometric, AICPA and several governmental accounting associations.
Ms. Conrad spoke about the presentations she and Vice President – State Relations Dan Dustin are making to individual Boards about remote testing, accreditation organizations and changes to education and the Uniform CPA Examination in line with the CPA Evolution initiative. She reported that a white paper outlining how concerns about the use of remote testing are being resolved is being distributed to the Boards of Accountancy.
Also coming soon is the report on a study conducted by Oxford Economics for the Alliance for Responsible Professional Licensing (ARPL). Legislative Support Committee Chair Andy Bonner (TN) explained that ARPL is going to be reaching out to the states to form chapters for educating legislators on the importance of maintaining licensing for the professions.
An executive summary of the Oxford report was distributed to the NASBA Board and will be provided to legislators soon.
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