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Category Archives: Newsletters
Monitoring Group Redesigns Standard-Setting
SHARE: It has taken them five years, but the Monitoring Group has issued their final recommendations to advance the public interest in international audit-related standard-setting and improve audit quality. Their 27-page report “Strengthening the International Audit and Ethics Standard-Setting System” was released in July. The members of the Monitoring Group (MG) are the: Basel Committee…
Full Issue: May Q2 2020
President’s Memo: I Love NY
SHARE: In late February I landed in New York City to attend several meetings and work in our Manhattan office. When I arrived in baggage claim, I could not help but notice a large and ominous sign that read: “Health Warning – Know the Signs of Coronavirus.” While I was fully aware of the impact…
The New Normal: NASBA Communicates Early and Often to Keep Members Informed
SHARE: The COVID-19 pandemic has turned traditional methods of communication on their head. Our everyday vocabulary has been augmented to include “quarantine,” “social distancing,” “stay-at-home,” “remote work” and “virtual or Zoom meetings.” Now more than ever, individuals and entities are demanding instantaneous information to remain connected. As a result, overcommunicating (which pre-corona was taboo) is…
2020 First Virtual Regionals
SHARE: NASBA’s 2020 Western Regional Meeting will be held June 3-4 and NASBA’s 2020 Eastern Regional Meeting will be held June 10-11 — both on line. No travel to arrange, no rooms to book, no time wasted in the airport – but also no receptions, no catching up with friends and no meeting new people. …
Tacking on to COVID-19
SHARE: While State Accountancy Boards may be focused on keeping their activities running smoothly despite COVID-19 limitations, others are looking at this as a time to promote their legislative agendas. NASBA Director of Legislative and Governmental Affairs John Johnson warned NASBA’s Regional Directors on April 23 that the Heritage Foundation’s National Coronavirus Recovery Commission recommended…
Global Study of Profession Concluded
SHARE: With the retirement of Professors Gert Karreman and Hans Verkruijsse, they have concluded their research on the accounting profession, which was aided by NASBA. Their final report, entitled “A Conceptual Competency Framework for Accountants in Regulated Functions, for Accountants in Business and for Accounting Technicians” was released at the beginning of this year. It…
ARPL Makes a Difference
SHARE: Metrics show that the Alliance for Responsible Professional Licensing (ARPL) is making a difference, reported Skip Braziel, AICPA Vice President of State Regulatory and Legislative Affairs, during a webinar for the State Board executive directors held on March 31. NASBA is a member of ARPL, along with eight other organizations that in total represent…
Volunteer for 2020-21 Committees
SHARE: The time is right to sign up for NASBA’s 2020-2021 committees. All State Board members and NASBA associates are eligible to serve on NASBA’s committees. Submissions are requested now — even from those who are currently serving on NASBA committees. All are required to submit a new form to indicate their interest in continuing…
NASBA Responds to BOE and PCAOB
SHARE: NASBA encourages the AICPA to continue to evolve the Uniform CPA Examination by introducing additional analysis and evaluation simulations across the sections, but is also concerned about de-emphasis of business law topics on the Examination, as stated in its April 30, 2020 response to the AICPA Board of Examiners’ “Maintaining the Relevance of the…