Category Archives: State Board Reports
Board Approves UAA Model Rules Amendments
SHARE: On January 9, 2024, NASBA’s Uniform Accountancy Act (UAA) Committee met to discuss public comments received from a recent 60-day comment period regarding proposed changes to the UAA Model Rules. Following that discussion, Committee members voted unanimously to recommend adoption of the proposed amendments and present them to the NASBA Board of Directors for…
Full Issue: Fall 2023
UAA Committee Seeks Comments on Model Rules
SHARE: Board of Accountancy representatives and other interested parties are invited to comment on proposed revisions to the Uniform Accountancy Act (UAA) Model Rules pertaining to peer review, by January 2, 2024. Developed by the NASBA Peer Review Compliance Committee (PRCC) and AICPA’s peer review staff, the proposed revisions were reviewed and edited by the…
Professional Licensure Task Force Established
SHARE: During her inaugural address at NASBA’s 116th Annual Meeting, Chair Stephanie Saunders announced the formation of a Professional Licensure Task Force. The task force’s charge is to consider new concepts for CPA licensure that may be included in the UAA to update the current licensure model. Representatives from key stakeholder groups including the NASBA…
Past Chair Memo: The Infinite Game Spirit!
SHARE: As mentioned during my “Year in Review” comments at NASBA’s 116th Annual Meeting, the end of my year as NASBA chair certainly comes with mixed emotions. Without question, I will miss being in the center of strategic discussions regarding the future of the accounting profession and our need as regulators to be flexible and…
National Pipeline Advisory Group Goals Progress
SHARE: Established by the American Institute of CPAs (AICPA) in July 2023, the National Pipeline Advisory Group was formed to help shape a national strategy to address the talent shortage plaguing the accounting profession. Among the advisory group’s diverse members, which is comprised of representatives from accounting firms, State Boards of Accountancy, State CPA Societies,…
Long, Dickerson and Absec Honored
SHARE: Theodore Long, Jr., Tyrone Dickerson, and Kent Absec were recently honored for their leadership and contributions to NASBA, state boards and the accounting profession during NASBA’s 116th Annual Meeting. Theodore Long, Jr., of Shaker Heights, OH, received the 2023 William H. Van Rensselaer Public Service Award. A retired partner of Ernst & Young, LLP,…
Is Your Board RIPE?
SHARE: As state legislatures have ramped up licensing reform in recent years—which often includes proposals to consolidate accountancy board duties/responsibilities with other boards—a recent NASBA study conducted by John Johnson, NASBA’s Director of Legislative and Governmental Affairs, identified: The research also showed that of the 29 jurisdictions with a dedicated executive director (ED), the turnover…
How Generative AI is Changing Workflows: Insights from Paul Z
SHARE: NASBA’s 116th Annual Meeting featured keynote speaker Paul Zikopoulos (Paul Z), Vice President of Technology Group Skills Vitality and Enablement at IBM. Zikopoulos discussed artificial intelligence and how it increasingly contributes to the workplace and profession. By definition, artificial intelligence, more commonly known as AI, leverages computers and machines to mimic the problem-solving and…
Chair’s Memo: New Beginnings
SHARE: The theme for our 116th Annual Meeting in New York City was “New Beginnings.” In the 2023 annual report, the letter from NASBA leadership explained, “New Beginnings demonstrates the significant transitions and transformations NASBA and Boards of Accountancy will experience in the upcoming year.” I would like to share with you a few “New…