Category Archives: State Board Reports

Full Issue: Spring 2024

Introducing the Viable Leadership Podcast  

SHARE: Earlier this year, the NASBA Center for the Public Trust (CPT) launched the Viable Leadership Podcast hosted by CPT President Alfonzo Alexander. Listen to the industry’s ethical leaders share their thoughts on how to foster sustainable leadership in the professional space. The Viable Leadership Podcast is available for listening anywhere you can access podcasts,…

Don’t Miss NASBA’s Regional Meetings  

SHARE: NASBA’s 2024 Regional Meetings are just a few weeks away! Board of Accountancy representatives and other interested parties are invited to participate in the upcoming meetings. Online registration is currently open for the Eastern Regional Meeting (June 4-6 in Louisville, KY) and the Western Regional Meeting (June 25-27 in Omaha, NE). Spearheaded by NASBA’s…

Legislative Updates 

SHARE: Freedom to Invest in Tomorrow’s Workforce Act  Bipartisan federal legislation – Freedom to Invest in Tomorrow’s Workforce Act (S.722 / H.R. 1477) would expand eligible uses of tax-favorable 529 savings plans to cover costs associated with workforce training and credentialing programs.    What are 529 Savings Plans?   529 savings plans are state-sponsored education savings vehicles…

Celebrating Accountants & The CPA Exam   

SHARE: On April 5, 2024, NASBA, the AICPA and Prometric celebrated the 20th anniversary of the computerization of the Uniform CPA Exam! The computerization of the Exam is one of the most significant changes in its history. Take a look at some data regarding the Exam and its evolution:    In addition to celebrating the…

CPAES Welcomes Maryland 

SHARE: The client roster of NASBA’s CPA Examination Services’ (CPAES) has recently grown with the addition of Maryland, representing the 36th U.S. jurisdiction to outsource its services to NASBA. On January 22, 2024, CPAES began providing application processing and eligibility determination services on behalf of the Maryland Board of Public Accountancy.   NASBA’s Client Services team,…

Music City Hosts ED-Legal 

SHARE: The 42nd Annual Conference for Executive Directors and Board Staff and 29th Annual Conference for Board of Accountancy Legal Counsel took place March 25-27, 2024, in none other than the location of NASBA’s headquarters – Nashville, TN (Music City USA). The overwhelming consensus was it was a treat to see the NASBA office, meet…

SEC Hosts Alternative Practices Webinar  

SHARE: Recently, the webinar entitled, “Independence Considerations for Alternative Practice Structures,” took place on Tuesday, April 30, 2024. In recent years, there has been a significant amount of consolidation of public accounting firms using alternative practice structures. This activity has raised concerns about the impact such acquisitions may have on auditor independence.    Shana Wolfson, Associate…

Let the Nominations Begin! 

SHARE: The NASBA Awards Committee, under the leadership of Chair W. Michael Fritz (OH), has announced the opening of its annual call for nominations for NASBA’s 2024 awards. Online nominations will be accepted through 11:59 p.m. (CT) on June 30, 2024.  The Committee is issuing a challenge to all Board of Accountancy members and staff…

President’s Memo: New Beginnings – Part 2 

SHARE: In my President’s Memo in January, I ended the memo with, “More later about my ‘new beginnings’!”  I decided to title this memo “New Beginnings – Part 2” because I am naturally inclined to embrace change and transitions as necessary and positive, and not as endings. That being said, this will be my final…