Tag Archives: Uniform Accountancy Act
Education Rules Amended
SHARE: Eager to get the Uniform Accountancy Act’s new Model Rules 5-1 and 5-2 out to the member Boards as quickly as possible, the NASBA Board of Directors held a special meeting on October 13 and unanimously approved the rules as proposed by the NASBA Uniform Accountancy Act Committee. The rules had been developed by…
CPA Evolution Initiative Continues
SHARE: Significant planning associated with the CPA Evolution initiative moved forward in January: The nine-member CPA Evolution Education Advisory Group (see 1/20 sbr) met twice; NASBA’s Education Committee met and learned more about the proposal; The CPA Evolution Exam Advisory Group was established; And NASBA’s Board of Directors received an update on the initiative’s progress…
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,…
Regional Call Highlights
SHARE: Since the January Board of Directors Meeting, the Regional Directors have all held Regional Conference Calls with their states’ Board Chairs and Executive Directors. After summarizing the NASBA Board’s meeting, the Regional Directors asked the State Boards to share recent developments in their jurisdictions. Some of the items discussed included: Alabama – Celebrated the…
WA State Considers BC Mobility
SHARE: Without a Washington firm license or staff holding individual Washington CPA licenses, legislation introduced in the State of Washington would permit Canadian British Columbia accounting firms to provide compilation and attest services in Washington for corporate entities registered in Canada. Senate Bill 6256 introduced by Senators Steve Conway (D) and John Braun (R) on…
CPE Model Rules Approved by BOD
SHARE: State Board Report November The revised Uniform Accountancy Act Model Rules Article 3, covering continuing professional education, were approved by the NASBA Board of Directors at their meeting on October 27 in New York City. Maria L. Caldwell, NASBA Director of Compliance Services, asked all Boards to update their own CPE rules to operate…
No Action on Titles
SHARE: State Board Report November NASBA Uniform Accountancy Act Chair J. Coalter Baker (TX) thanked the State Boards for responding to the exposure draft of language that would have amended the UAA to permit the use of management accounting titles. “We asked you to educate yourself on your current law, to prepare a thoughtful response,…
Chair’s Memo: Tomorrow Is Promised
SHARE: State Board Report November “Promises! Promises!” Throughout our lives, we will continue to make promises — some will be kept and some will not. But one thing that is promised is tomorrow. There are things that you and I must do as regulators to ensure that there is a safer tomorrow for the public…
Chair’s Memo: Shaping the Future or Who’s on First
SHARE: State Board Report October “Shaping the Future” is the focus of this year’s Annual Meeting. Last year’s focus was “Evolve.” Evolve means to grow and change and, as I look back on this year, I see an organization that has grown and changed, and is on the cusp of shaping the future. In my…
Boards Weighing Title Language
SHARE: State Board Report August State Boards and other interested parties are being asked to take a hard look at language that has been proposed for inclusion in the Uniform Accountancy Act that would allow management accountants to hold out their designations to the public without running afoul of state law. NASBA’s Regional Directors at…