Category Archives: Publications

Response to IAASB – Proposed International Auditing Standard on 570 Going Concern – 8/23/2023

Response to PCAOB: Amendments to PCAOB Auditing Standards Related to a Company’s Noncompliance with Laws and Regulations – 8/1/2023

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…