Category Archives: State Board Reports
Full Issue: Winter 2023
Comments on UAA Model Rules Due April 17
SHARE: State Boards of Accountancy and other interested parties are encouraged to submit comments by April 17, 2023, in response to proposed amendments to the Uniform Accountancy Act (UAA) Model Rules for the granting of credit requirement for sections passed on the Uniform CPA Examination. The revised exposure draft, which was approved for re-exposure by…
Swing for the CPT
SHARE: The NASBA Center for the Public Trust (CPT) announces its annual golf tournament – May 8, 2023, at The Governors Club in Brentwood, TN. The tournament will begin with lunch at 11:00 a.m. (CDT), followed by a 12:00 Noon shotgun start and closing awards dinner. Participation in this year’s tournament will aid the CPT…
Senators Call for PCAOB to Tighten Regulation on Crypto Audits
SHARE: Earlier this year, Sen. Elizabeth Warren, D-Massachusetts, and Senate Finance Committee Chairman Ron Wyden, D-Oregon, asked the Public Company Accounting Oversight Board (PCAOB) to ramp up regulations on the audits of cryptocurrency companies after high-profile companies like FTX recently went bankrupt. In a letter to PCAOB Chair Erica Williams, they highlighted the insufficient ‘proof…
Executive Directors and Legal Counsel Conferences
SHARE: Discussions regarding CPA pipeline challenges, enforcement, accountancy board rulemaking and ethics for CPAs headlined NASBA’s recent 41st Annual Conference for Executive Directors and Board Staff and 28th Annual Conference for Board of Accountancy Legal Counsel. Held concurrently, the conferences took place in Tucson, AZ, February 27 – March 1, 2023, and provide an opportunity…
Science, Technology, Engineering and Mathematics: NASBA Supports Accounting STEM Pursuit Act Federal Legislation
SHARE: The 118th United States Congress is slated to introduce bipartisan legislation – Accounting STEM Pursuit Act of 2023 – to recognize accounting as part of the STEM programs in schools. Under the Act, the accounting profession will become a part of the science, technology, engineering and mathematics curricula, reinforcing the clear and logical connection…
President’s Memo: Diplomacy
SHARE: Usually long before I pen the beginning drafts of my President’s Memo, I spend significant time looking through the thoughts and ideas I have jotted down that I might want to write about. This forum provides me a unique opportunity to opine, suggest and, sometimes, attempt to persuade readers on issues, challenges and opportunities.…
CPE Standards March 31 Deadline Approaching
SHARE: NASBA and the AICPA currently seek public comment through March 31, 2023, on their recent issuance of an exposure draft detailing proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards). Published jointly by the organizations, the Standards provide a framework for the development, presentation, measurement and reporting of CPE programs. Previously…
CPAES Reaches 35!
SHARE: NASBA’s CPA Examination Services (CPAES) is pleased to welcome the Oregon Board of Accountancy as the 35th U.S. jurisdiction for which it provides application processing and eligibility determination services for the Uniform CPA Examination. Currently, the Client Services team, in conjunction with Oregon Board staff, are working collaboratively to transition the processes. In preparation…
Arkansas Exam Registrations on the Rise
SHARE: The Arkansas State Board of Accountancy has reported a noticeable increase in Arkansas CPA Exam registrations over the past few months. The increase is significant as it comes during a time of heightened concern regarding the CPA Pipeline and recent decline in CPA Exam applicants across the globe. The catalyst for the increase is…