Category Archives: Publications

President’s Memo: “The Relevance Paradox” 

SHARE: Twenty years ago, Boeing CEO Harry Stonecipher said of the eminent company: “It’s a great engineering firm, but people invest in a company because they want to make money.” One application of this philosophy was Boeing’s decision to rework its older 737 planes into the 737 Max, a choice which resulted in cutting costs…

New Task Force to Examine Private Equity Ownership in CPA Firms 

SHARE: As private equity investment in CPA firms continues to grow, State Boards of Accountancy are facing new and complex regulatory questions. In response, NASBA Chair Maria Caldwell (FL) has appointed a Private Equity Task Force to evaluate the implications of this trend and identify ways to support state boards in their oversight responsibilities. The…

NASBA Diagnostic Update 

SHARE: In August 2024, NASBA partnered with a consultant to help the Association take a comprehensive and unflinching look at itself in order to better understand NASBA’s potential, what invites or prevents that potential, and how NASBA might become a greater force for its members and within itself in the short and long terms. The…

NASBA Selects 2025-2026 Vice Chair Nominee  

SHARE: NASBA is pleased to announce that J. Coalter Baker of Austin, TX, has been selected as its vice chair nominee for 2025-2026. Baker’s selection comes following a meeting of NASBA’s Nominating Committee on Tuesday, May 6. Baker’s association with NASBA began following his appointment to the Texas State Board of Accountancy in 2003. During…

Response to IAASB: Post-Exposure Consultation – Track 2 of the Listed Entity and PIE Project – 3/21/2025

Response to PEEC: Proposed Revisions – Simultaneous Employment with an Attest Client – 3/14/2025

Response to IRS: Proposed Regulations to Circular 230 – 2/20/2025

Response to ARSC: Proposed SSARS – Applicability of AR-C Section 70 to Financial Statements Prepared as Part of a Consulting Services Agreement – 12/16/2024

Full Issue: Winter 2025

Bulk Scheduling is Here

SHARE: U.S. colleges, universities and CPA firms now have the option to schedule testing for their cohorts of CPA Exam candidates through a new Bulk Scheduling program offered by NASBA (in collaboration with the AICPA and Prometric). Launched in January, colleges, universities and firms can now request scheduling blocks up to six months in advance…