Category Archives: State Board Reports
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…
NASBA Congratulates Dustin & Neilon
SHARE: In April, the NASBA Board of Directors announced that Daniel Dustin had been selected to become NASBA’s next president and chief executive officer. Dustin, who currently serves as NASBA’s vice president of state board relations, holds extensive expertise in accounting regulation and Board of Accountancy operations. His tenure as president and CEO will begin…
Full Issue: Winter 2024
Streamlining the License Renewal Process Through CPE Reciprocity
SHARE: In this political environment where occupational licensing is being questioned at every turn, the accounting profession is constantly looking at ways to streamline the licensing process. With the additions of Georgia, Idaho, Louisiana and Oregon adopting CPE reciprocity in 2023, nearly 75 percent of the 55 U.S. jurisdictions have now adopted Uniform Accountancy Act (UAA)…
Professional Licensure Task Force Hosts Webinar, Seeks Comment by March 31
SHARE: One of the first steps NASBA Chair Stephanie Saunders (VA) has taken to address the CPA Pipeline crisis head-on is her establishment of NASBA’s Professional Licensure Task Force. The 10-member Task Force, comprised of State Board of Accountancy, State CPA Society, AICPA and NASBA representatives, is tasked with considering new concepts for CPA licensure…
President’s Memo: New Beginnings
SHARE: You may have noticed that the title of this Memo, “New Beginnings,” continues use of last year’s Annual Meeting theme in New York City. At the time of our meeting, in early November, impending changes and transitions were discussed through the lens of looking to the future. Now, most of the discussed elements of…
National CEO Search in Motion
SHARE: Over 160 applications were received by the NASBA Selection Advisory Committee (“SAC”) in response to the Committee’s national search for NASBA’s next president and chief executive officer. The SAC was formed, and a national search was launched, following Ken Bishop’s announcement of plans to retire from his role in July 2024. The 11-member Committee,…
NASBA Tests CPA Evolution Ecosystem
SHARE: As part of completing the CPA Evolution user acceptance testing, NASBA recently partnered with the Tennessee School for the Blind in an effort to confirm that the new system was web accessible. The Tennessee School for the Blind volunteered visually-impaired or legally blind high school students to participate in this effort. When NASBA reached…