Author: Donny Burkett, CPA, Board Effectiveness and Legislative Support Committee Chair
Posted: April 30, 2013

During his inaugural address at NASBA’s Annual Meeting in Orlando, FL, Chair Gaylen Hansen charged each of NASBA’s committees to envision new ways NASBA could better respond to the needs of Boards of Accountancy within three key areas: leadership, engagement, and service. As Chair of the newly formed Board Effectiveness and Legislative Support Committee, I am pleased to announce that NASBA, under the leadership of John Johnson, Director of Legislative and Governmental Affairs, recently launched a new legislative tracking program to address each of these areas.

Leadership

Although legislative support is somewhat of a new focus for NASBA, the philosophy that informs that focus—ensuring that Boards of Accountancy have the tools to act on behalf of and protect the public interest—is longstanding. We regard the creation of the new legislative bill-tracking program as an important and unprecedented step to enhance the effectiveness and advance the common interests of all Boards of Accountancy by allowing Boards to become more readily aware of key pieces of legislation that could greatly impact their regulatory responsibility.

Engagement

The legislative bill-tracking program also addresses the deeper and growing need to foster greater unity and clarity among Boards of Accountancy by sharing information on complex legislative issues that Boards are currently facing, or may encounter at some point in the future. Issues such as: mobility, board consolidation, board independence and board funding, just to name a few. The availability of such information will provide opportunities for Boards to connect, collaborate, benefit from each other’s experiences and strengthen the overall effectiveness of the accounting profession.

Service

The legislative bill-tracking program is a service that allows Boards of Accountancy to gain important insights and a strategic advantage. After visiting the bill tracking page on NASBA’s website, you will see an interactive map. Jurisdictions highlighted on the map in green indicate that significant and relevant legislation has been filed. Simply click on a particular state or jurisdiction to obtain a list of bills that NASBA has tagged for tracking within that jurisdiction. You may also search by pre-determined topic areas to view legislation within multiple jurisdictions. The results produced allow members to scroll through a user-friendly inventory of bills and their summaries in order to study them in more depth.  Lastly, the system will allow NASBA to communicate directly to Boards of Accountancy through e-mail alerts and custom reports. 

We ask that you take the leadership initiative to give it a test drive and provide John Johnson (jjohnson@nasba.org) with your comments on enhancements to the system. We strongly believe that this new system will offer you, the Boards of Accountancy, NASBA and the lawmakers who will benefit from our engagement a means to enhance leadership, engagement and service in order to better protect the public.

Author: Andy Goldstein, NASBA Electronic Media Specialist and Webmaster
Posted: April 16, 2013

Regarded as a cornerstone of support within the organization, NASBA appoints as many as 30 committees and task forces each year. Through the work of these committees, NASBA volunteers and staff address current and emerging issues affecting Boards of Accountancy across the 55 jurisdictions. Topics range from ethics, education and global regulation in accounting principles to the development of model rules for the member boards’ consideration.

Throughout 2013, we will share features about each of our committees to highlight why they were established, the duties and functions they perform and to focus on some of the things they hope to accomplish in the near future.

We continue our series on NASBA’s committees with a look at the Education Committee.

The Education Committee oversees the entry-level education requirements to the accounting profession, including effective implementation of UAA Rules 5-1 & 5-2 across the 55 jurisdictions. The Committee also encourages collaboration between the education community and accounting profession to proactively address issues relative to college curriculum and the jurisdictions’ individual education rules.

Alfonzo Alexander, NASBA’s Chief Relationship Officer and Committee staff liaison, said the Education Committee is important to NASBA because it is responsible for keeping the pulse on what’s going on in the academic community as it relates to preparing individuals to be accountants.

“As states look at different changes to their education requirements, or as academic institutions make changes to their curriculums, it’s important for the Education Committee to be the conduit that gets that information back to NASBA, in addition to serving as the liaison that shares such information with the relevant state boards,” said Alexander.

Karen Turner, Education Committee Chair

Another important focus of the Committee is administering NASBA’s Accounting Education Research Grants Program, which seeks to advance research on educational issues impacting certified public accountants (CPA), the public accounting profession and state boards’ charge to protect the public.

Launched in 2011, the program funds and awards grants annually totaling up to $25,000 for one-year, research projects, with a maximum of three research grants awarded per year. Research projects in areas helping NASBA and the Boards of Accountancy protect the public and be better resources to the public accounting profession are given preference.

“The Research Grants program is vital because it enables NASBA to provide financial resources to individuals who are researching specific areas and topics related to accounting education,” said Alexander. “The program shows NASBA’s commitment to the success of accounting education.”

Education Committee leadership also holds meetings to discuss Uniform CPA Examination candidate statistics collected in The NASBA Report on the CPA Exam, and how the information made available in this useful publication can help support academic institutions.

The Committee strives to be an information resource for educators in the accounting profession. Committee representatives will remain busy throughout the year attending meetings to further the relationships with organizations in the academic community. Some of the meetings attended by Committee members include the annual meetings of the American Accounting Association (AAA), Federation of Schools of Accountancy (FSA) and Accounting Program Leadership Group (APLG).

One of the Committee’s specific initiatives for this year is to enhance relations with the AAA. James Suh, NASBA’s Director of Continuous Improvement and Analytics and Committee staff liaison, said the relationship with the AAA is important to the Committee because educators and accounting programs contribute greatly to the readiness of CPAs entering the market, and increasing the collaboration and knowledge sharing with the AAA can only help to further enhance the quality of education that the students receive.

“The insights provided by the members of the AAA can in turn support improvements and research that is critical to NASBA and our membership,” said Suh. “As an example, the AAA members’ feedback has allowed us to greatly improve the quality and value of our reporting products, such as the NASBA Report.”

To see a list of participating NASBA volunteers on the Education Committee, please visit the Education Committee page in the Committees section of this website.