Tag Archives: covid-19

SHARE: According to a recent article featured on the Pennsylvania Institute of CPAs (PICPA)’s website, organizations that received more than $750,000 in COVID relief funds could be required to have a single audit or a program audit. Subsequently, this will result in roughly 30,000 new single audits across the U.S. If you are a practitioner…

SHARE: After nearly three years of hosting virtual meetings, NASBA resumed its in-person conferences by hosting the 40th Annual Conference for Executive Directors and Board Staff and the 27th Annual Conference for Board of Accountancy Legal Counsel, April 25-27, in Clearwater Beach, FL. Held concurrently, the conferences serve as an opportunity for state board staff,…

SHARE: Held June 22-23, 2021 (via Zoom), NASBA’s Regional Meeting took to the virtual stage for the second consecutive year. While NASBA leaders and members were hopeful to make a return to in-person meetings, it was decided to remain in the virtual space out of continued concern regarding the COVID-19 pandemic. Different from years past,…

SHARE: In an announcement shared with NASBA membership during the 2021 Regional Meeting and in a July email correspondence, plans are currently underway to reunite NASBA stakeholders, in-person, for the 114th Annual Meeting, to be held in San Diego, CA, October 31 – November 3. However, due to the recent rise in COVID-19 hospitalizations, NASBA…

SHARE: In an effort to ensure the wellbeing of NASBA stakeholders and mitigate the spread of Covid-19, NASBA’s June Regional Meetings have been combined into a single virtual program, to be held June 22-23, 2021. NASBA President & CEO Ken L. Bishop first informed member boards and stakeholders of the decision in a March 4…

SHARE: Emergency measures that allowed law school graduates to be eligible for law licenses without taking the bar examination enabled nearly 1400 people to be licensed, Bloomberg News reported in January. This option had been made available in Louisiana, Oregon, Utah, Washington and the District of Columbia, in response to a resolution passed by the…

SHARE: Annual Meeting attendees were asked what ethical challenges they could foresee in potential practice situations mapped out by Ethics Committee Chair Catherine Allen (NY) and then discussed by panelists W. Michael Fritz, Tom Neill and Kevin Richards. “We have situations where auditors are performing audits remotely and sharing information through unsecured networks,” Mr. Fritz…

SHARE: Though NASBA Past Chair K. Michael Conaway is ending his service as a U.S. Representative (R-TX), he is not leaving without introducing the Occupational Licensing Board Antitrust Damages Relief Act of 2020 (H.R.8680), cosponsored by Jamie Raskin (D-MD) and David Cicilline (D-RI) on October 23, 2020. A modified version of the Occupational Licensing Board…

SHARE: As infection rates of COVID-19 increased over the last few months, so did the number of bad actors trying to come on line with suspicious websites where users could be tricked into providing their credentials or inject their workstation or tablet with malware, NASBA Chief Information Security Officer Roy Hall, Jr., told the Regional…

SHARE: A summary of the many actions taken by Boards of Accountancy in response to the pandemic was presented to the Regional Meetings by NASBA Executive Vice President and COO Colleen Conrad and Prometric Director Kimberly Farace. In recent months many Accountancy Board members have been working from home and Boards were operating under stay-at-home…