Category Archives: State Board Reports
Joint NOCLAR Task Force Meets
SHARE: How best to address noncompliance with laws and regulations (NOCLAR) by clients was addressed in the first meeting of a joint task force of the AICPA/NASBA Uniform Accountancy Committee and the AICPA Professional Ethics Executive Committee on July 30-31 in Washington, DC. The task force was formed as recommended by the AICPA/NASBA summit leadership…
IQAB Talks with ICAEW and SAICA
SHARE: The NASBA/AICPA International Qualifications Appraisal Board (IQAB) is continuing to work on the development of mutual recognition agreements (MRA) with the Institute of Chartered Accountants of England and Wales, and the South African Institute of Chartered Accountants – but have not yet reached final agreements. Negotiations are continuing as differences between the systems for…
UK Accountants Face Brexit and ARGA
SHARE: The British accounting profession not only is facing Brexit, but also a reconfiguration of its regulator. UK accountants who practice in European Economic Area (EEA) countries are being warned that without a Brexit deal they will need to contact the “competent authority” in that country to see if their UK qualifications will continue to…
ARPL Creates Unified Voice
SHARE: The answers to frequently asked questions about why professional regulation matters can be found on the Alliance for Responsible Professional Licensing’s (ARPL) website: ResponsibleLicensing.org. Formed to educate policy makers and the public on the importance of clear, responsible licensing standards for the professions, ARPL is supported by NASBA, the AICPA, the American Institute of…
Congressman Conaway Will Not Run
SHARE: US Representative K. Michael Conaway (TX-R), NASBA Chair 2002-2003, has announced he will not seek reelection in 2020. Having served in Congress for 15 years, Congressman Conaway has been chairman of the House Ethics and Agriculture Committees. In 2018 he introduced the Occupational Licensing Board Antitrust Damages Relief and Reform Act (HR 6515) that…
Plan to be at the Annual in Boston
SHARE: It is not too early to mark your calendar for NASBA’s 112th Annual Meeting, October 27-30, 2019 at the Westin Copley in Boston, MA. Technology is having a big impact on the CPA profession and the State Boards, as the profession’s regulators, have to be responding to the changes and anticipating more. NASBA’s conference…
Glimpse at Regional Meetings
Full Issue: July 2019
President’s Memo: It Was Only CPE
SHARE: At the 2019 NASBA Regional Meetings, Chair Janice Gray and I spoke about the importance of ethics and, specifically, the importance of NASBA’s ethics arm, the Center for the Public Trust (CPT). Ethics is the cornerstone of the U.S. CPA profession, so it is appropriate that NASBA invests in the recognition of ethics and…
Regionals Ponder CPA Evolution
SHARE: The “Guiding Principles” for transforming the CPA profession to meet constantly escalating technological advances were the primary focus of the June 2019 NASBA Regional Meetings. On June 11-12 the Eastern Regional Meeting was held in Washington, DC, with 184 participants, and on June 18-20 the Western Regional Meeting was held in Salt Lake City,…