Category Archives: Publications

Ethics Matters: Q1 2024

Ethics Matters: Q4 2023

Full Issue: Winter 2024

Streamlining the License Renewal Process Through CPE Reciprocity  

SHARE: In this political environment where occupational licensing is being questioned at every turn, the accounting profession is constantly looking at ways to streamline the licensing process. With the additions of Georgia, Idaho, Louisiana and Oregon adopting CPE reciprocity in 2023, nearly 75 percent of the 55 U.S. jurisdictions have now adopted Uniform Accountancy Act (UAA)…

Professional Licensure Task Force Hosts Webinar, Seeks Comment by March 31 

SHARE: One of the first steps NASBA Chair Stephanie Saunders (VA) has taken to address the CPA Pipeline crisis head-on is her establishment of NASBA’s Professional Licensure Task Force. The 10-member Task Force, comprised of State Board of Accountancy, State CPA Society, AICPA and NASBA representatives, is tasked with considering new concepts for CPA licensure…

President’s Memo: New Beginnings 

SHARE: You may have noticed that the title of this Memo, “New Beginnings,” continues use of last year’s Annual Meeting theme in New York City. At the time of our meeting, in early November, impending changes and transitions were discussed through the lens of looking to the future. Now, most of the discussed elements of…

National CEO Search in Motion 

SHARE: Over 160 applications were received by the NASBA Selection Advisory Committee (“SAC”) in response to the Committee’s national search for NASBA’s next president and chief executive officer. The SAC was formed, and a national search was launched, following Ken Bishop’s announcement of plans to retire from his role in July 2024.   The 11-member Committee,…

NASBA Tests CPA Evolution Ecosystem

SHARE: As part of completing the CPA Evolution user acceptance testing, NASBA recently partnered with the Tennessee School for the Blind in an effort to confirm that the new system was web accessible. The Tennessee School for the Blind volunteered visually-impaired or legally blind high school students to participate in this effort. When NASBA reached…

NASBA CPE Audit Service Reaches 15  

SHARE: In December 2023, NASBA’s CPE Audit Service onboarded its 15th state board, the South Carolina Board of Accountancy. The Audit Service offers a platform designed to assist Boards of Accountancy with conducting periodic audits for compliance with continuing professional education requirements.    The service also allows CPAs to report CPE hours and documentation, electronically, to…

DOL Audit Report  Signals Deficiencies 

SHARE: According to a recent report published by the U.S. Department of Labor (DOL), there are significant deficiencies in audits pertaining to employee benefits plans. In fact, a recent Accounting Today article points out that the report showed major deficiencies were found in nearly 30 percent of benefit plan audits – actually signaling improvement in…