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Category Archives: Uncategorized
May 2022 CPE Audit Service Announcement
May 4, 2022 NASBA launched the CPE Audit Service with the Virgin Islands Board of Public Accountancy on Wednesday, May 4th 2022. We presently have 12 Boards participating in the use of the CPE Audit Service. We completed a project in 2021 to enhance the performance of the application and improve existing functionality. The team…
The Role of Accountants in the Rise of ESG Reporting
Environmental, Social and Governance criteria, commonly referred to as “ESG,” are a series of standards used by socially and environmentally conscious investors to evaluate and screen potential investments. In short, a potential investor uses these criteria to determine if a corporation is going beyond maximizing the profits of shareholders to also promote and benefit society…
Investigator Expert Witness Pool Testimonial
“Having a resource such as NASBA’s Investigator/Expert Witness Pool can be tremendously helpful when and if your board determines a need to utilize an expert in a disciplinary proceeding. Having a group of individual professionals who have already been vetted and their areas of expertise outlined for you can be a tremendous time saver and…
Fifth Circuit Rules the SEC’s Use of In-House Administrative Judges Violates Seventh Amendment
A recent decision by the Fifth Circuit Court of Appeals, which covers Louisiana, Mississippi, and Texas, has determined that the Securities and Exchange Commission’s (SEC) in-house process for handling cases is a violation of the Seventh Amendment to the United States Constitution. The Seventh Amendment guarantees the right to a jury trial in federal civil…
Enforcement Newsletter Rules and Statute Updates from 2021-2022
Popular Legislative Themes Regarding Enforcement Topics: Child Support Non-Payment and Student Loan Default Generally, present law in most states authorizes many boards, commissions, and agencies that issue professional, occupation, and business licenses to suspend or revoke a license based on the licensee’s non-payment of child support and/or the licensee’s student loan default. Bills of this…
Is NASBA’s CPT Ethical Leadership Training Program Right for My State?
Is your State Board of Accountancy looking for a new way to bring ethics training to your licensees? Would you like to offer a course to your practitioners to help them avoid ethical violations in the future? If so, NASBA’s Center for the Public Trust’s (CPT) Ethical Leadership Training (ELT) program could be your answer.…
ALD Focusing on Awareness, Feed Enhancements and Reimplementation
SHARE: Published: September 13, 2022 Since 2005, NASBA’s Accountancy Licensee Database (ALD) has served the Boards of Accountancy by providing an invaluable enforcement resource. This central database houses CPA and firm license information for the 54 participating Boards of Accountancy along with disciplinary and other licensee information. Licenses are linked across state lines, allowing board…
NASBA Nominating Results
Regional Directors: Central Region: Michael Schmitz Middle Atlantic Region: Arthur Winstead Mountain Region: Viki Nunn Pacific Region: Nancy Corrigan Great Lakes Region: Gerald Weinstein Northeast Region: Richard Silverman Southeast Region: Willie Sims Southwest Region: Lynn Hutchinson Nominating Committee: Middle Atlantic Member – Angela Avant Alternate – Joe Petito Southeast Member – Michael (Mike) Kintz Alternate…
CPA Exam Exposure Draft Comments Sought by September 30
Board of Accountancy representatives and members of the accounting profession have until September 30, 2022, to submit feedback to the American Institute of CPAs (AICPA) in response to a recently issued exposure draft titled, Maintaining the Relevance of the Uniform CPA Examination® – Aligning the Exam with the CPA Evolution Licensure Model. The exposure draft…
Proposed Bylaws Changes
Revisions to the Bylaws for NASBA Membership to Consider at the 115th Annual MeetingOctober 30 – November 2, 2022 Proposed Change #1: Current 7.1.2 Nominating Committee Composition and Election Language 7.1.2 With the exception of the Past Chair, no member of the Nominating Committee may serve concurrently as a member of the Board of Directors…
