public session agenda north carolina state board of … · 2/02/2020 · case no. c2019297 - close...

PUBLIC SESSION AGENDA NORTH CAROLINA STATE BOARD OF CPA EXAMINERS

FEBRUARY 17, 2020 10:00 A.M.

1101 OBERLIN ROAD RALEIGH, NC

I. Administrative Items A. Call to Order

In accordance with North Carolina General Statute 163A-159, it is the duty of every Board member to avoid both conflicts of interest and appearances of conflict. Does any Board member have any known conflict of interest or appearance of conflict with respect to any matters coming before the Board today? If so, please identify the conflict or appearance of conflict and refrain from any undue participation in the particular matter involved.

B. Welcome and Introduction of Guests C. Approval of Agenda (ACTION) D. Minutes (ACTION)

E. Financial/Budgetary Items 1. Financial Statements for January 2020 (ACTION)

II. Legislative & Rule-Making Items A. Tentative Rule-Making in 2020 (FYI)

III. National Organization Items A. Eastern Regional Meeting, White Sulphur Springs, WV, June 9-11, 2020 (FYI) B. Uniform CPA Examination Candidates Fees (FYI) IV. State & Local Organization Items A. Joint Dinner, Issues Forum Breakfast, and Board Meeting with NCACPA (FYI) V. Committee Reports A. Professional Standards (ACTION) B. Professional Education and Applications (ACTION) VI. Executive Staff and Legal Counsel Report

A. Operational Metrics (FYI) B. Executive Staff Report (FYI)

VII. Public Comments VIII. Closed Session IX. Adjournment

PUBLIC SESSION MINUTES North Carolina State Board of CPA Examiners

January 28, 2020 1101 Oberlin Road Raleigh, NC 27605

MEMBERS ATTENDING: Arthur M. Winstead, Jr., CPA, President; Michael S. Massey, CPA, Vice President; Gary R. Massey, CPA, Secretary-Treasurer; Barton W. Baldwin, CPA; Bernita W. Demery, CPA; Wanda B. Taylor, Esq.; and Jennifer Van Zant, Esq.

STAFF ATTENDING: Robert N. Brooks, Executive Director; David R. Nance, CPA, Deputy Director; Frank Trainor, Esq., Staff Attorney; Lisa R. Hearne, Communications Officer; Adriene Hunt, Professional Standards Specialist; Julia Mayo, Professional Standards Assistant; Buck Winslow; Licensing Manager; and Noel L. Allen, Esq., Legal Counsel.

GUESTS: Sharon Bryson, CEO, NCACPA; Mark Soticheck, CPA, COO, NCACPA; Jonathan Kraftchick, CPA, NCACPA Board of Directors; and Sgt. J.A. Stokes, Raleigh Police Department.

CALL TO ORDER: President Winstead called the meeting to order at 10:02 a.m.

PUBLIC HEARING: President Winstead called the Public Hearing to order to hear Case No. C2019139 – Chalice Marie Golden. Ms. Golden was not present at the Hearing and was not represented by Legal Counsel. David R. Nance, CPA, Deputy Director, was sworn in and presented testimony. Mr. G. Massey and Mr. M. Massey moved to enter Closed Session to discuss the case without Executive Staff or Staff Attorney present, but with Noel L. Allen, Esq., Legal Counsel present. Motion passed. Upon re-entering the Hearing, Mr. M. Massey and Mr. G. Massey moved to permanently revoke North Carolina CPA Certificate No. 39218 issued to Chalice Marie Golden (Appendix I). The motion passed with six (6) affirmative votes, zero (0) negative votes, and one (1) abstained vote by Ms. Demery. The Public Hearing is a matter of public record.

MINUTES: The minutes of the December 16, 2019, meeting were approved as submitted.

FINANCIAL AND BUDGETARY ITEMS: The December 2019 financial statements were accepted as submitted.

NATIONAL ORGANIZATION ITEMS: Mr. M. Massey and Ms. Demery moved to approve the draft response as revised to the NASBA/AICPA request for comments related to the CPA Evolution: Proposed CPA Licensure Model. Motion passed.

STATE AND LOCAL ORGANIZATION ITEMS: Mr. Nance gave an update on the Board/NCACPA Joint Task Force on Succession Planning. The update included meeting dates, locations, and members. President Winstead added Ms. Demery to the Task Force at her request to serve.

ITEM I-D

Public Session Minutes January 28,2020

Page 2

REPORT OF THE PROFESSIONAL STANDARDS COMMITTEE: Mr. M Massey moved, and the Board approved the following recommendations of the Committee: Case Nos. C2019239-1 and C2019239-2 - Jeffrey G. Lewis and Jeffrey G. Lewis, CPA - Approve the signed Consent Order (Appendix II). Case Nos. C2019158 and C2019182 - Katrina Phyllis Carrington and Katrina Carrington, CPA, PLLC - Approve a Notice of Hearing for April 20, 2020, at 10:00 a.m. Case Nos. C2019210-1 and C2019210-2 - Close the case without prejudice. Case No. C2019209 - Close the case without prejudice. Case Nos. C2019154 and C2019282 - Close the case without prejudice. Mr. Winstead did not participate in the discussion of this matter, nor did he vote on this matter. Case No. C2019265 - Close the case without prejudice. Case No. C2019297 - Close the case without prejudice with a Letter of Warning. Case No. C2019308 - Close the case without prejudice. Case No. C2019313 - Close the case without prejudice. Case No. C2019330 - Close the case without prejudice. Case Nos. I2019349, I2019350, and I2019356 - Close the cases without prejudice. REPORT OF THE PROFESSIONAL EDUCATION AND APPLICATIONS COMMITTEE: Mr. G. Massey moved, and the Board approved the following recommendations of the Committee: Transfer of Grades Applications - The Committee recommended that the Board approve the following: James Austin Congleton Justin Matthew Crute Cameron Thor Gorsline Paolo Joseph Guma Cory Thomas Hurd Laura Kathryn Inclan

Olivia Grace Lee Eric Scot Osborne Claudia Frances Richey Briana Chantel Salter Brandon Adam Tutty Madeleine Claire Weierbach

Original Certificate Applications - The Committee recommended that the Board approve the following: Margaret Blythe Baresh Christopher McCord Bonavita


Page 3

Julianna Wilson Bond David Brodie Brittany Lynne Brodnick Jennah Zaher Brothers Brandy Elizabeth Buxton Crystal Anne Carpenter Justin Morgan Casey Brendan Timothy Cei Cara Jayne Chabreck Jonathan Huston Clark Connor Emmett Cleary James Austin Congleton Hayden Grey Cooper Anthony Matthew Crisera Justin Matthew Crute Jonathon Thomas Darling Christopher Curtis Davidson Abbey Menz Davis Alexandra Juliet Davis Matthew William Deas Christianne Elyse de la Cruz Kelsey Erin Dickerson Bradford McCain Dunnagan Brooke Marie English Delaney Leigh Ferguson Jonathan Taylor Fountain Steven Donald Franklin Henry Barrett Frantz Diana North Fu Cameron Thor Gorsline Paolo Joseph Guma Trevor Daniel Haga Justin Keith Hall Michael Patrick Hamilton Benjamin Long Harrison Mark Daniel Hendricks Robert Frazer Hinman, Jr. John Austin Hobson Katherine Lee Holbrook Nicholas Joseph Howarth Cory Thomas Hurd Meganne Louise Hurt Mary Ann Sink Hutchings Laura Kathryn Inclan Samantha Lynn Ivey Ashton Marie James

Leslie Bunch Jefferson Keith Alan Kennedy Milan Khadka Thomas Alan Klein, III Kevin Zachary Koons Michael George Krueger Tara Hawes Larach Kristen Helaine Lee Olivia Grace Lee Donna Moore Lemons David Ryan Lesser Luke Harrison Lowry Michelle White Marley Diana Alejandra Martinez Elizabeth Joy McQuaig Zachary Michael Merritt Samuel Jacob Miller Summer Skye Miller Jordan Daniel Milo Tyree Odell Minner, II Allison J. Mitchell Drayton Wade Mixson Paul Xavier Modzelewski Melody Paige Morgan Allison Elisabeth Murphy John Hartwell Murray, Jr. Benjamin Alan Myers Eric Scot Osborne Cynthia Anne Pena Holly Denise Perry Andrew Richard Perryman La’Nita Alivia Lee Powell Courtney Mariah Privette Claudia Frances Richey John Charles Rishel, Jr. Evan Thomas Rodwell Thomas Edward Saintsing Briana Chantel Salter Kara Rose Schell Krystal Michelle Seidel Alexander Larkin Sewell Kristen Michelle Shiring Christopher John Sigmann Charlie Wayne Sipe Clinton Kevin Smith Talmage Tolly Spence, IV


Page 4

Spencer Vance Stamey Makayla Renee Stiffler Edward Healy Summersill Casey Grey Wentworth Thomasson Gillian Leigh Tosatto Walter Ray Trobaugh, IV Sarah Catherine Turpin Brandon Adam Tutty

Joshua Jared Tyree Jacob Cole Walker Stephanie Brianne Watts Madeleine Claire Weierbach Tarika Najia Williams Taylor Ann Witkiewicz Raven Drew Yount

Staff reviewed and recommended approval of the original application submitted by Shelby Elizabeth Davis. Ms. Davis failed to disclose pertinent information with her Exam application but provided it with her certificate application. Staff recommended approval of the application with a one-year probationary period. The Committee recommended that the Board approve staff recommendation. Staff reviewed and recommended approval of the original application submitted by Tyler Ralph D’Urso. Mr. D’Urso failed to disclose pertinent information with his Exam application but provided it with his certificate application. Staff recommended approval of the application with a one-year probationary period. The Committee recommended that the Board approve staff recommendation. Staff reviewed and recommended approval of the original application submitted by William Jess Whittington. Mr. Whittington failed to disclose pertinent information with his Exam application but provided it with his certificate application. Staff recommended approval of the application with a one-year probationary period. The Committee recommended that the Board approve staff recommendation. Reciprocal Certificate Applications - The Committee recommended that the Board approve the following: Robert Bryan Agatstein Dimple Tansen Ajmera Jordan Pollard Bowles Tanvi Ujjawal Gandhi Laura Elizabeth Wright Johnson Randy George Kreider Sara M. Lotts Michael Christopher Luff Thomas Andrew Mole

Christopher Jude Mooney Andrea Pop Jessica Melinda Simmons Michael Joseph Szafraniec Christina Renee Taylor Kenton Eugene Thompson Cara Alexander White Daniel W. Webster, III

Temporary Permits - The Committee recommended that the Board approve the following temporary permits that were approved by the Executive Director: Tanvi Ujjawal Gandhi, T11721 Christina Renee Taylor, T11722 James Andrew Hatfield, Jr., T11723

Lamar Jones, Jr., T11724 Susan Mary Chrest, T11725 Jessica Melinda Simmons, T11752


Page 5

Jordan Pollard Bowles, T11753 Robert Bryan Agatstein, T11754 Cara Alexander White, T11756 Christopher Francis Lee, III, T11757 Erica Marie Vogt, T11758 Patricia Pitts Spitz, T11759 Colby Maurice Hawkins, T11760 Alex Kittrell Vaughn, T11761 Michele Ann DiPaolo, T11762 Ryan Matthew McLean, T11763

Breton James Tagg, T11764 Debra Michelle Starr, T11765 Brittani Nicole Maletta, T11766 Hyun Min Shin, T11767 Marla Goldman Kochelek, T11768 Christine Elizabeth LaBarbera, T11769 Thomas J. Geraghty, Jr., T11770 James Richard Pokorny, T11771 Stephen Michael Dille, T11772

Reinstatements - The Committee recommended that the Board approve the following: Caroline Lea Auten, #41166 Janice Toothaker Gore, #20921 Tamara Beth Kastler, #15531

Janette Irma Perez, #24089 Eric William Gilbert Zetterholm, #25458

Reissuance of New Certificate - The Committee recommended that the Board approve the following applications for reissuance of new certificate: Lucile Abbitt Bond, #19302 Patrick James Coleman, #32852 Matthew Cameron Creech, #41240

James Will Vannoy, #31258 Russell Edward White, #22930

Firm Registrations - The Committee recommended that the Board approve the following professional corporations and professional limited liability companies that were approved by the Executive Director: Ashwani Arora, CPA, PLLC Susan M. Chrest, CPA, PLLC Ned Howe CPA, PLLC

WILLIAM R LAMPLEY CPA INC Riad CPA, PC F. Foster Shriner, CPA, P. C.

Extension Requests - The Committee recommended that the Board approve Angela G. Lane, #23492, for extension for completion of CPE until February 28, 2020. The extension request submitted by Sonya Yvette Rorie, #26681, was deferred pending receipt of additional information. Examinations –The Committee recommended that the Board approve the following staff-approved applicants to sit for the Uniform CPA Examination: Corey Adams Shruti Aggarwal Deedee Agu Kyle Albertelli Blakeley Allen

Michael Allen Riane Allen James Allred April Ammons Peter Anderes


Page 6

Deborah Anderson Stephen Anderson Jack Archibald Lauren Bakke Jennifer Barrow Bryant Beaulieu Lily Beck Ryan Beeson Patrick Bernstein Christopher Biddle Brandon Bishopp Emily Black Daniel Bodenhamer Madalina Body Joshua Bracy Luke Bradley Alyssa Brockman Mary Brown Yi Bu Anthony Bui Cameron Burns Sherrie Byrd Brenda Bzdak Jonathan Calcagne Holly Campbell Tyler Campbell Benjamin Canup Brianna Cardwell Miranda Carrick Gregory Carrington Charles Carroll Zachary Carver Jonathan Cauble Evelyn Chambers Sarah Cherry Nicholas Chilcutt Truth Chou Mark Chun Caroline Clayton Amy Coble Robert Cochrane Rodrigo Cohen Chad Collins Bryan Conner Kayla Corbett Michelle Council

Katherine Craven Tanesha Crewes Sherry Cribb Sheridan Crissman Camille Cross Sara Crow Carrie Culpepper Jocelyn Cushion Keenan D'Arcy Benjamin Davis Samantha DeBonis Adam Dedie Claire Dockrill Paige Domhoff Nicole Doolittle Charles Dorcelien Katherine Doyle Alicia Driver Jillian Dunn Sallie Dusenbury Nicholas Eberhardt Corey Edge Allison Edmonds David Edwards Michael Edwards Christopher Erwin Lina Esmail Audrey Everett Chad Evertz Chad Feldman Leigh Ferguson Nicole Ferren Alex Fisher Kyle Fitzgerald Sean Fitzgerald Marcela Florez John Frechette David Freeman Samantha Frink Karli Fulp Logan Galbreath Lorena Gan Fredy Garcia Morgan Garriss Johnathon Garwood Anna Gates


Page 7

Gregory Gehsmann Gregory Gerlach Alexander Gibbons Hope Gibson Sascha Gibson Aimee Gysegem Renee Hajdas Gregory Hales Alison Halter Matthew Hancock Thomas Hanshaw Robert Harper Leon Harris Delani Hartung Nathan Hayes Cameron Hendrickson Anna Hergenrader Christopher Hernandez Adam Hernandez O'Donohue Logan Herring Charles Hicks Fred Hitti Jessica Hoff Austin Holland Matthew Holland Madison Hollar Tristan Holleman Nathaniel Hopkins William Howard Christen Howlett Ru Huang Kaleb Iocco Nehemiah Jackson Carla Jacobs Daniel James Melicia James Shannon Jeffers David Jennings Michael Johnsen Christopher Johnson John Johnson Lorraine Johnson Claire Jose Piya Anong Kasemtreerat Samantha Kattan Elane Kepley

Thomas Kessler Iryna Kharlamova Nicholas Kiczales Jin Young Kim Cordell Knapp Justin Knight Barrett Krimminger Samuel Kropf Madison Kweon Robert LaBelle Christopher Ladner Jenna Landis Jeffrey Larsen Mary Lennon Destin Lett Isaac Levin William Lewis Xin Yin Lin Jazmine Linnette Parker Logsdon Luis Lopez Graciela Lopez Arriaga Sierra Lowder Evan Lucas Andrew Lundgren Lauren Magnuson Eric Mahaney Malgorzata Malecki Justin Mancuso Christi Manivanh Erik Manko Andrew Mansell Catherine Marsh James Mastrangelo Peter Maxwell Kevin May Kathleen McClanahan Magdalena McCormack Morgan McCoy Mary McDonald Colleen McDonough James McMullen Sara Mellen-Stier Dylan Mennen Johnathan Modlin Aaron Montgomery


Page 8

Kathleen Moore McKinley Moore Sophia Moran Taylor Morton Rachel Mullican Nina Nay Brittany Newman Olivier Noel Amber Nolan Connor Noonan Christian North Addysen O'Briant Deforest O'Brien Laine Parker Connor Parkes Brett Parlier Melissa Phimmasone Andrea Picou Johnathan Pierce Kalejah Pierce Edward Pinon Anderson Potter Stephanie Potter Hillary Preddy Ryan Preskenis Kari Pritchard Eugene Pursifull Wine Pwint-Phiansin William Quarles Raghav Reddy Adam Regan Shakila Reid Matthew Reinheimer Humaira Retiwalla Katharine Rice Jack Rich Jenna Riglick Charles Riker Sara Robinson William Robinson Jennifer Robles Zachary Roddy Brian Roundtree Candice Rowland Michael Saccavino Omar Sadou Mamadou

Franklin Samenguit Ashlyn Schmitt Joel Schram Kollin Schrenk Vincent Seagle Vanessa Seiglie Daniel Sferruzzo Dhrumit Sheth Allison Shikorsky Hammad Siddiqi Sarah Silver Lauren Smith Abby Snidemiller Mary Sowers Seth Spencer Shannon Spillane Abigail Starnes Zachary Stevens Rachel Stewart Dylan Stinman Quasha Stinson Emma Strickland Mikaela Stroud Rachel Stull Amy Sutherland Savannah Sutton Shayista Syed Hailey Thomas Jacob Thompson Chelsea Tipton Elena Totchilova Jessica Tyson Matthew Vaden Vien Van Tracy Van Duzen Samuel Van Heukelom Alexis Vann Shelby Vaughn Victoria Vidal Mandy Wakem Lily Walston Collin Warren Joshua Waters Kayla Watkins Cameron Wegrzyn Rachel Wells


Page 9

Ian Wickline Michael Wilkins Jessica Williams Morgan Willow Robert Windham Adam Winegar Victoria Winstead Benjamin Wojnar Carly Wolk

Jessica Womack Reida Woodward Jessica Woolfe Alexander Wooten Rebecca Yarnall Bailee Zakashefski Lihua Zhao Yishan Zhao

Miscellaneous - Staff reviewed and recommended disapproval of a request from James Donald Turner, #43312, to rescind his probationary license status. The Committee recommended that the Board disapprove Mr. Turner’s request. REPORT OF THE AUDIT COMMITTEE: On behalf of the Committee, Mr. Nance reported that an RFP had been released for bids for the Board audit contract. He explained the audit process that will occur after the bids have been received and a firm had been selected. REPORT OF THE PERSONNEL COMMITTEE: Mr. Nance shared that the staff performance evaluations were in process. He explained the process Executive Staff will follow on making annual review and pay recommendations to the Committee for its review and recommendations to the Board. EXECUTIVE STAFF AND LEGAL COUNSEL REPORT: The Executive Staff provided the monthly operational metrics and the Executive Staff report. ADJOURNMENT: Mr. Winstead and Ms. Taylor moved to adjourn the meeting at 11:15 a.m. Motion passed. Respectfully submitted: Attested to by: Robert N. Brooks Arthur M. Winstead, Jr., CPA Executive Director President

NORTH CAROLINA WAKE COUNTY

IN THE MATTER OF: Chalice Marie Golden, #39218

Respondent

BEFORE THE NORTH CAROLINA STATE BOARD OF CERTIFIED PUBLIC ACCOUNT ANT EXAMINERS

CASE#: C2019139

BOARD ORDER

THIS CAUSE coming before the North Carolina State Board of Certified Public Accountant Examiners (the "Board") at its offices at 1101 Oberlin Road, Raleigh, Wake County, North Carolina, at public hearing ("Hearing''), with a quorum present, the Board finds, based on the evidence presented at the Hearing on January 28, 2020, that:

FINDINGS OF FACT

1. Respondent was the holder of a certificate as a Certified Public Accountant in North Carolina.

2. The Board has jurisdiction over Respondent and the subject matter of this action.

3. Respondent received at least fifteen (15) days written notice of the Hea1·ing. The notice was achieved by serving a Notice of Hearing by personal service, certified mail, or other method of delivery authorized by N.C. Gen. Stat. §

150B-38(c).

4. Venue is proper and the Hearing was properly held at 1101 Oberlin Road, Raleigh, North Carolina.

5. Respondent did not object to any Board Member's participation in the Hearing of this matter.

6. Respondent was not present at the Hearing and was not represented by counsel.

7. In 2017 and 2018, on her annual CPA certificate renewals, the Respondent informed the Board that she had obtained the requisite forty ( 40) hours of continuing professional education ("CPE") to meet her annual requirements.

APPENDIX I

Board Order - 2 Chalice Marie Golden

8. Based on the Respondent's representations, the Board accepted the Respondent's renewals.

9. The Respondent was subject to an audit of her CPE for 2017 and 2018 and the Board staff requested that the Respondent provide certificates of completion for the CPE reported to meet her CPE requirements in those years.

10. The Respondent replied that she could not substantiate the completion of any of the forty (40) hour annual CPE requirements for either year.

11. On May 29, 2019, the Board's Professional Standards staff sent correspondence to the Respondent informing her that an enforcement file had been opened and requested a response from her. The Respondent was not initially responsive, and when she did finally correspond, that response was incomplete.

12. On July 23, 2019, the Board staff sent correspondence to the Respondent in an attempt to resolve the matter informally. That correspondence was sent via regular mail. The Respondent did not provide a response.

13. Board staff sent an email to the Respondent on August 14, 2019, requesting her response. The Respondent did not provide a response.

14. Board staff mailed the Respondent a copy of the July 23, 2019, correspondence by certified mail on August 20, 2019. The Respondent did not provide a response.

CONCLUSIONS OF LAW

1. Per N.C. Gen. Stat. § 150B-42, this Board Order constitutes a Final Agency Decision of the Board.

2. Respondent is subject to the provisions of Chapter 93 of the North Carolina General Statutes and Title 21, Chapter 8 of the North Carolina Administrative Code. Pursuant to N.C. Gen. Stat.§ 93-12(9), the Board has the authority to impose discipline upon the Respondent and Respondent's certificate and to impose civil monetary penalties.

3. Respondent Golden's actions as set out above constitute violations of 21 NCAC 08N .0202(b)(4), .0203(b)(5) and .0206.

Board Order - 3 Chalice Marie Golden

BASED ON THE FOREGOING, the Board orders in a vote of£ to ~that:

1. The Certified Public Accountant certificate issued to Respondent, Chalice Marie Golden, is hereby permanently revoked.

2. Respondent Chalice Marie Golden shall not offer or render services as a CPA or otherwise trade upon or use the CPA title in this state either through CPA mobility provisions or substantial equivalency practice privileges or in any other manner, nor shall Respondent claim or attempt to use any practice privileges in any other state based upon her permanently revoked North Carolina certificate.

This the 28th day of January, 2020.

' -v.,gz!,•s "~--

' ~~

~.;· i1

NORTH CAROLINA STATE BOARD OF CERTIFIED PUBLIC ACCOUNTANT EXAMINERS

APPENDIX II

By Roger Russell September 20,2019

AICPA's new forensic standard expected to boost CPAcredibility on witness stand

accountingtoday.com/news/aicpas-new-forensic-standard-expected-to-boost-cpa-credibility-on-the-witness-stand

By Michael CohnSeptember 20, 2019, 4:37 p.m. EDT

The American Institute of CPAs has a new forensic accounting standard due to take effect at the beginning of nextyear, and it promises to give CPAs a leg up in terms of their credibility in providing litigation support as expertwitnesses on the stand at trials.

The AICPA issued the standard in July (see AICPA issues new forensic accounting standards). The Statement onStandards for Forensic Services No. 1 (SSFS 1) has an effective date for engagements accepted on or after Jan. 1,2020, and applies to any member of the institute, or employee of a member firm, who provides services to a clientas part of a litigation or investigation engagement. It’s said to be the first time that forensic accountants will havecompliance standards like a CPA with the AICPA codifying best practices for the litigation and investigationconsulting work done by forensic accountants.

“Historically our forensic work fell under the consulting standards, which under the codification is CS 100,” saidDave Duffus, a partner in the global forensic and litigation services practice at Top 15 Firm Baker Tilly who alsochairs the AICPA’s Economic Damages Task Force and sits on the AICPA’s Forensic and Litigation ServicesCommittee. “That standard covered the waterfront of not just forensic standards, but also other managementconsulting services, like systems implementation work and things of that nature. That CS 100 standard has been inplace since the early 1990s and was actually issued by the old Management Consulting Services Exec Committee,which doesn’t even exist anymore. Part of the impetus of putting forward forensic standards was a recognition thatif there were some required edits or changes to the standards, we really had no control over it because there wasno standard-setting authority who would be able to provide the revisions, so the [Forensic and Valuation ServicesExecutive Committee] took on the challenge of actually issuing the forensic standard.”

For purposes of the standard, a litigation engagement is defined as “an actual or potential legal or regulatoryproceeding before a trier of fact or a regulatory body as an expert witness, consultant, neutral, mediator orarbitrator in connection with the resolution of disputes between parties.” The term “litigation” isn’t limited to formallitigation but is inclusive of disputes and all kinds of dispute resolution.

An investigation engagement is defined as “a matter conducted in response to specific concerns of wrongdoing inwhich a member is engaged to perform procedures to collect, analyze, evaluate or interpret certain evidentialmatter to assist the stakeholders (for example, client, board of directors, independent auditor, or regulator) inreaching a conclusion on the merits of the concerns.”

When a CPA accepts a forensic engagement, the member is required to undertake all work with professionalcompetence, due professional care, adequate planning and supervision, sufficient relevant data; integrity andobjectivity. The CPA also has to have a clear understanding with the client about the responsibilities of the parties,and the nature, scope and limitations around the services to be performed, along with adequate communication toinform the client of any conflicts of interest, significant reservations surrounding the scope or benefits of theengagement, and significant engagement findings or events.

1/3

ITEM II-A

https://www.accountingtoday.com/news/aicpas-new-forensic-standard-expected-to-boost-cpa-credibility-on-the-witness-stand

https://www.accountingtoday.com/author/michael-cohn

https://www.accountingtoday.com/news/aicpa-issues-new-forensic-accounting-standards

https://www.aicpa.org/content/dam/aicpa/interestareas/forensicandvaluation/resources/standards/downloadabledocuments/ssfs-no-1.pdf

The new standard encompasses most of the requirements of the old standard, but with two main changes. “Thecentral tenets of the standard pull in what was set forth in CS 100, and what’s also in the general standards thatapply to all CPAs,” said Duffus. “Essentially, the concepts of having professional confidence when we do our work,exercising due professional care, ensuring that our work rests on sufficient relevant data, etc. So there’s no changethere with respect to that. But I do think the two biggest changes that are set forth in CS 100 and that are called outin the new forensic standard are that when we as CPAs are retained as expert witnesses, there are specificprohibitions in terms of doing that work under a contingent fee arrangement. That was not a specific calloutbefore under the consulting standards, although I think tacitly most CPAs would recognize that it would not beappropriate to do expert work under a contingent fee arrangement. And then the second thing is it very explicitlystates that we should not be rendering opinions about whether fraud has or hasn’t been committed. That’s a rolefor the trier of fact in a case, so we can present evidence that may be related to indicia of fraud but ultimately it’sup to a trier of fact to make that decision as to whether fraud has actually occurred.”

SSFS 1 requires that a member engaged as an expert witness in a litigation engagement may not provide opinionsunder a contingent fee arrangement, unless explicitly allowed under the Contingent Fee Rules; and membersrefrain from rendering any opinions regarding the occurrence of fraud, as that is a determination for the trier offact. CPAs who provide forensic accounting services have typically adhered to a set of standards that generallyapplied to all members of the profession. However, a standard specific to forensic engagements was nevercodified. SSFS 1 now does that. It clarifies and removes confusion about the kinds of engagements that can beperformed, including when “agreed upon procedures” engagements are or aren’t appropriate. An agreed-uponprocedures engagement doesn’t lead to an opinion, so they’re usually not suitable for expert work where opinionsare required.

SSFS 1 also removes uncertainty about how CPAs and their firms can be compensated for their work in forensicengagements, as well as what type of opinion, if any, can be provided in connection with the investigation ofsuspected fraud. The standard continues to build on the professional and ethical guidelines followed by CPAs andCPA firms, but aims to improve the quality of services provided by CPAs in forensic engagements.

It may also provide CPAs and their firms with some help on the liability risk side too, but there are more importantbenefits in terms of credibility. “I don’t know that it necessarily removes liability risk per se, but I think it does keepus within our lane, if you will, in terms of what our expertise is,” said Duffus. “That’s with respect to the fraud side ofthe equation. And then in terms of the contingent fee, I think it does help to insulate us because to go off and testifyas an expert and for it to come out that essentially your opinion is contingent upon how big or how small thenumber is, it can do serious harm to our credibility, so calling that out is important.”

The FVS Executive Committee is putting together a set of frequently asked questions about the new standard.While the standard becomes effective on Jan. 1, 2020, early adoption is permitted and even encouraged, accordingto Duffus. The new standard could give CPAs an edge over some of the competition in the litigation support area.

“My anecdotal feedback is that it’s been well received by CPAs,” said Duffus. “That’s for a couple of reasons. Havinga specific forensic standard has been viewed favorably, particularly by folks like me who often testify as an expertwitness. For instance, in cases that I get involved in, I may come up against, say, a university professor in finance oreconomics who’s been retained on valuation or damages issues. They’re typically not subject to a set ofprofessional standards like we are as CPAs, so I think having a standard that we can point to in support of ourexpert opinions — essentially that whenever we’ve done the work we’ve performed, that it’s supported or was donein accordance with a set of standards — gives us credibility vis-a-vis others who are not subject to the same kinds ofstandards. That’s my general impression of how other CPAs view it. A lot of our work is we’re retained by attorneysand law firms, and I think they view it favorably in terms of bolstering our credibility as expert witnesses.”

2/3

The AICPA may require familiarity with the new standard as a requirement for at least one of its credentials. “Thetwo key credentials that I see in the forensic side of the AICPA house are the Certified in Financial Forensics, or CFF,and the ABV, which is Accredited in Business Valuation,” said Duffus. “I think it will become particularly relevant andwill become part of the training for the CFF. In terms of the ABV, there’s a Statement on Standards for BusinessValuation Services that came out back in 2007. It’s still in place, but I think this will kind of sit side by side with thatin terms of valuation work that’s done in a litigation setting.”

3/3

Eastern Regional Meeting 2020nasba.org/blog/2019/09/02/eastern-regional

Home > Eastern Regional Meeting 2020

SHARE:

Member/Non-Member Registration: $695Guest Registration: $350

LocationThe Greenbrier101 Main Street WestWhite Sulphur Springs, WV 24986

Reservation Deadline: Thursday, April 30, 2020Rate: $229 plus $20 resort fee per night plus tax

Transportation

If you haven’t already made your travel arrangements, you havemany options available to get to America’s Resort™. Whether bystagecoach, train, car or plane, visitors have found their way to White SulphurSprings since 1778, and it’s now easier than ever before.

Complete Transportation Options

1/2

ITEM III-A

https://nasba.org/blog/2019/09/02/eastern-regional/

https://nasba.org/

https://nasba.org/blog/2019/09/02/eastern-regional/

https://nasba.org/app/uploads/2017/11/2020-EastRegional.jpg

https://nasba.org/2020-june-regional-meeting-agenda/

https://greenbrier.webhotel.microsdc.us/bp/search_rooms.jsp?groupCode=190609NASB&checkinYear=2020&checkinMonth=6&checkinDay=8&checkoutYear=2020&checkoutMonth=6&checkoutDay=12

https://nasba.org/app/uploads/2019/09/GS-20-Getting_to_Greenbrier-010320.pdf

AirRoanoke (91 minutes) Allegiant, American, Delta, and UnitedUber-$92Taxi- $158

Greenbrier Valley (22 minutes) United- connections through DC and ChicagoUber- $22Taxi- $35

TrainThe White Sulphur Springs train station (WSS) is conveniently located next to TheGreenbrier’s Christmas Shop at The Depot, directly across the street from themain entrance! Amtrak offers regular train service to The Greenbrier from majorcities, including Washington, D.C., New York City and Chicago. Complimentarytransportation is available to bring you and your luggage from the White SulphurSprings train station to the resort.

White Sulphur Springs Station / Station Code:WSS 101 Main StreetWest White Sulphur Springs, WV 24986

2/2

2020 Regional Meetings

Colorado Springs, CO – June 2-4 White Sulphur Springs, WV – June 9-11

TENTATIVE AGENDA

2020 Regional Meeting – TENTATIVE AGENDA

1

Monday, June 1 (8), 2020 6:00 – 8:00 pm Dinner for New Accountancy Board Members (& guests)

Tuesday, June 2 (9), 2020 8:00 – 9:00 am New Accountancy Board Member Breakfast 9:00 am – 3:15 pm New Accountancy Board Member Orientation Program 4:00 – 5:00 pm Regional Meeting Registration 6:00 – 8:00 pm Welcome Reception

Wednesday, June 3 (10), 2020 7:30 – 8:45 am Communications Breakfast Meeting (All Attendees Welcome) 7:30 – 9:00 am BREAKFAST (All Welcome) 9:00 am – 12:00 pm General Session 9:00 – 9:15 am Welcome from Regional Directors 9:15 – 9:25 am Welcome to Host State 9:25 – 10:10 am Update from NASBA Leadership 10:10 – 10:40 am What Did the Practice Analysis Reveal? 10:40 – 11:00 am BREAK 11:00 – Noon The Evolution of the CPA Profession: Next Steps 12:00 – 1:15 pm LUNCH (All meeting attendees – Assigned tables)



TENTATIVE AGENDA


2

1:15 – 2:15 p.m. General Session 1:15 – 1:45 pm Recent Legislative Battles: Taking Anti-Anti-Regulation Steps 1:45 – 2:15 pm NOCLAR, Adding Experience and Other UAA Projects 2:15 – 2:30 pm BREAK 2:30 – 4:30 pm Meet with Your Region

Session led by each Region’s Director (Participation limited to Board of Accountancy members, staff and former Board of Accountancy members. Each Region will meet in a separate room with the Regional Director leading the discussion. Election of Nominating Committee Representatives in Great Lakes and Northeast Regions.)

2:30– 3:30 pm Seminar for Other Attendees: Speak Up on Legislation in Your Jurisdiction 4:30 pm RECESS 4:45 pm Call to Leadership Reception

Thursday, June 4 (11), 2020 7:30 – 8:45 am Board of Accountancy Presidents’/Chairs’ Breakfast Meeting 7:30 – 8:45 am Board of Accountancy Executive Directors’ Breakfast Meeting 7:30 – 9:00 am BREAKFAST (All Welcome) 9:00 am – 12:00 pm General Session 9:00 – 9:15 am Report from Regional Breakouts

9:15 – 9:45 am Legal Update

9:45 – 10:15 am Rethinking Quality Control Standards



TENTATIVE AGENDA


3

10:15 – 10:45 am Panel – Enhancing Boards’ Operations 10:45 – 11:00 am BREAK 11:00 -11:15 am Report from Examination Review Board 11:15 – 11:45 a.m. On-Going Accounting Education Research 12:00 – 1:00 pm LUNCH (Meeting Attendees Only) 1:00 – 3:30 pm General Session 1:00 – 1:30 pm Protecting Records from Hackers, Blunders and Mother Nature 1:30 – 2:00 pm Trending Issues in Accounting 2:00 – 2:30 pm Independence Redefined 2:30 – 3:00 pm Global Challenges for Regulators 3:00 – 3:15 pm Questions and Answers for NASBA

3:15 – 3:30 pm Raffle Drawing 3:30 pm ADJOURN 6:30 pm Celebration

If you haven’t already made your travel arrangements, you have many options available to get to America’s Resort™. Whether by stagecoach, train, car or plane, visitors have found their way to White Sulphur Springs since 1778, and it’s now easier than ever before.

COMMERCIAL FLIGHTS

Greenbrier Valley Airport (LWB), served by United Airlines, is located only 15 minutes away from The Greenbrier. United offers nonstop flights from Washington, D.C. (Dulles International Airport, IAD) and Chicago O’Hare (ORD). To check flight availability and rates, The Greenbrier recommends you use your preferred travel search engine (Expedia, Travelocity, Kayak, etc.). Other convenient airports are located in Roanoke, Virginia (ROA) and Charleston, West Virginia (CRW) with service provided by major carriers.

GENERAL AVIATION/PRIVATE JET SERVICE

Executive jets, chartered aircraft and all other general aviation traffic arrivals also choose the Greenbrier Valley Airport (LWB), for its 7,004-foot runway and amenities. The airport is open 24 hours a day throughout the year and offers Air Traffic Control Tower, AWOS, and ILS, VOR and GPS approaches. Services provided include: lav cart, short-term hanger parking, aircraft detailing, GPU, de-icing, baggage handling and forklift. The terminal is state of the art, spacious with WiFi and full pilot services.

LAT. 37 51’ 5” N / LONG. 80 24’ 0” W FLIGHT CENTER, ELKINS (800) 772-2666 AWOS (304) 645-4533

CHARTER FLIGHTS

Southwest Airlines® offers air charter service to any domestic location that can accommodate a Boeing 737 commercial operation, including Greenbrier Valley Airport (LWB). With their extensive fleet of aircraft, flights can be scheduled according to your travel needs. Whether your company is gathering employees for a meeting, hosting a special event, or rewarding employees for top performance, Southwest Charters can transport you to enjoy everything The Greenbrier resort has to offer. Visit southwest.com/charters to get more information or request a quote.

AMTRAK

The White Sulphur Springs train station (WSS) is conveniently located next to The Greenbrier’s Christmas Shop at The Depot, directly across the street from the main entrance! Amtrak offers regular train service to The Greenbrier from major cities, including Washington, D.C., New York City and Chicago. Complimentary transportation is available to bring you and your luggage from the White Sulphur Springs train station to the resort.

White Sulphur Springs Station / Station Code: WSS 101 Main Street, West White Sulphur Springs, WV 24986

G E T T I N G T O T H E G R E E N B R I E R101 Main Street, West, White Sulphur Springs, WV 24986

855-453-4858 | Greenbrier.com

AUTOMOBILEThe Greenbrier is located in White Sulphur Springs, West Virginia, and conveniently situated off Interstate 64 just west of the Virginia/West Virginia border and just east of Lewisburg, WV (dubbed “Coolest Small Town in America” by Budget Travel Magazine, 2011).

DRIVING DIRECTIONS

The Greenbrier derives its splendor from the panoramic beauty of the Allegheny Mountains which surround the resort. You will enjoy breathtaking scenery as you drive through these mountains on Interstate 64, which brings you within a mile of the front entrance.

Traveling from Interstate 64 West. Exit #181 White Sulphur Springs. At end of exit ramp take a right and proceed for approximately 1.5 miles. The Main Entrance will be on the right.

Traveling from Interstate 64 East. Exit #175 White Sulphur Springs. At the end of the ramp take a left; go to the stop sign, turn right and proceed approximately 3.5 miles. The Main Entrance will be on the left.

GETTING AROUND THE GREENBRIERThe Greenbrier Transportation Department will be happy to assist you with your transportation needs. Please keep in mind all rates are for planning purposes and informational guidelines. All vehicles are subject to availability at the time of transportation needs.

GREENBRIER VALLEY AIRPORT - LEWISBURG, WV (LWB)

Commercial Airline Flights are met by The Greenbrier Hotel Shuttle n The shuttle departs from the front entrance.n The charge is $28.80 per person, per transfer.*Reservations are required for all shuttles.

Private Transportationn 1-3 Passengers, SUV, $122.40, per transfer.n 4-5 Passengers, $168 flat fee.n 6+ Passengers, $33.60 per passenger.*Reservations and number of guests are required in advance.

Note: Transportation to the Greenbrier Valley Airport is to be scheduled and provided by the hotel’s Transportation Department.

ROANOKE REGIONAL AIRPORT-ROANOKE, VA (ROA)Private Transportationn 1-3 Passengers, SUV, $300, per transfer.n 4-10 Passengers, $540 flat fee.n 11+ Passengers, $54 per passenger.

YEAGER AIRPORT-CHARLESTON, WV (CRW)Private Transportationn 1-3 Passengers, SUV, $504 per transfer.n 4-10 Passengers, $706.80 flat fee.n 11+ Passengers, $70.80 per passenger.

DOWNTOWN LEWISBURG (24-hour advance reservation notice suggested)

n $34.80 per passenger, round trip.n 9+ passengers to Lewisburg will be $300 per bus round trip.n Continuous shuttle for groups to Lewisburg will be $300

base charge per bus and $120 per hour per bus.

WHITE SULPHUR SPRINGS

n 1-4 Passengers, $14.40 per passenger.n 5+ Passengers, $57.60 flat fee.

HARTS RUN / GREENBRIER RIVER TRAIL(Minimum of $34.80)

n 1-4 Passengers, $14.40 per passenger.n 5+ Passengers, $57.60 flat fee.

THE GREENBRIER SUMMIT

n $9.60 per passenger (hotel guests only).n 8+ Passengers to The Summit for event services is $75.60 per

bus round trip.n Continuous shuttle to and from the The Summit will be

charged at the rate of $120 per hour per vehicle.

MISCELLANEOUS INFORMATION

n Gratuity rates are charged at 20% of base charge.n Tax is not applicable on transportation charges in

or out of state.n Complimentary transportation is available to all local churches

in White Sulphur Springs.n Valet parking fee: $25 per vehicle per night.n Valet parking inside garage fee: $50 per vehicle per night.n Continuous shuttle for on property functions will be charged

at a rate of $120 per hour per vehicle.n Private transportation reservations cancelled less than 12

hours in advance will incur a $100 non-refundable cancellation fee.

101 Main Street, West, White Sulphur Springs, WV 24986 855-453-4858 | Greenbrier.com

Schedule for March 2020 Board Meeting and Activities

Accommodations Embassy Suites Hotel, Harrison Oaks Blvd. Cary 27513

Tuesday, March 17, 2020

Board Office

10:30 a.m. Professional Standards Committee Meeting

10:30 a.m. Professional Education & Applications Committee Meeting

Noon Lunch

1:00 p.m. Board Meeting, Including Election of Officers

Angus Barn

6:30 p.m. Reception and Dinner (Shuttle Service Provided from Embassy Suites to Angus Barn to Embassy Suites)

Wednesday, March 18, 2020

NCACPA Offices 3100 Gateway Centre Blvd., Morrisville 27560

8:30 a.m. Breakfast with NCACPA Board

9:00 a.m. Issues Forum with NCACPA Board

10:30 a.m. NCACPA Board Meeting 3:00 p.m.

ITEM IV-A

Initial 2020 2019 2018 2017 2016Mth # # # # #

April 61 70 55 97 97May 70 77 58 85 78June 62 61 57 110 77July 92 66 38 74 66Aug 51 62 50 85 52Sept 54 48 59 83 51Oct 62 84 47 60 64Nov 58 82 79 104 62Dec 83 81 79 115 139Jan 111 91 131 129 121Feb 0 74 39 58 101March 0 45 66 67 92

Avg 70 70 63 89 83

Initial 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum


Exam Applications

Exam Applications

NC State Board of CPA ExaminersMonthly and Year-to-Date Operational Metrics

0

20

40

60

80

100

120

140

April May June July Aug Sept Oct Nov Dec Jan Feb March

Initial Exam Applications - Monthly

FY2020

FY2019

FY2018

0

100

200

300

400

500

600

700

800

900


Initial Exam Applications - Yr to Date

FY2020

FY2019

FY2018

ITEM VI-A

Re-Ex 2020 2019 2018 2017 2016Mth # # # # #


Avg 179 164 176 219 203

Re-Ex 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum



Exam Applications

Exam Applications

0

50

100

150

200

250

300


Re-Exam Applications - Monthly

FY2020

FY2019

FY2018

0

500

1000

1500

2000

2500


Re-Exam Applications - Yr to Date

FY2020

FY2019

FY2018

Org 2020 2019 2018 2017 2016Mth # # # # #


Avg 49 49 47 54 55

Org 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum



License Applications


0

20

40

60

80

100

120

140


Original CPA License Applications - Monthly

FY2020

FY2019

FY2018

0

100

200

300

400

500

600

700


Original CPA License Applications - Yr to Date

FY2020

FY2019

FY2018

Recp 2020 2019 2018 2017 2016Mth # # # # #


Avg 33 31 27 28 26

Recp 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum





0

20

40

60

80

100

120


Reciprocal CPA License Applications - Monthly

FY2020

FY2019

FY2018

0

50

100

150

200

250

300

350

400


Reciprocal CPA License Applications - Yr to Date

FY2020

FY2019

FY2018

2020 2019 2018 2017 2016Mth # # # # #


Avg 13 13 17 14 17

2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum



Firm Registration

Firm Registration

0

5

10

15

20

25

30

35


Firm Registrations - Monthly

FY2020

FY2019

FY2018

0

50

100

150

200

250


Firm Registrations - Yr to Date

FY2020

FY2019

FY2018

Open 2020 2019 2018 2017 2016Mth # # # # #


Avg 28 38 23 31 22

Open 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum



Prf Stds Cases

Prf Stds Cases

0

10

20

30

40

50

60

70

80

90

100


Prof Stds Open Cases - Monthly

FY2020

FY2019

FY2018

0

50

100

150

200

250

300

350

400

450

500


Prof Stds Open Cases - Yr to Date

FY2020

FY2019

FY2018

Closed 2020 2019 2018 2017 2016Mth # # # # #


Avg 29 38 20 35 26

Closed 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum



Prf Stds Cases

Prf Stds Cases

0

10

20

30

40

50

60

70

80


Prof Stds Closed Cases - Monthly

FY2020

FY2019

FY2018

0

50

100

150

200

250

300

350

400

450

500


Prof Stds Closed Cases - Yr to Date

FY2020

FY2019

FY2018

2020 2019 2018 2017 2016Mth # # # # #


Avg 60 46 48 42 41

2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum



Inactive Applications

Inactive Applications

0

50

100

150

200

250


Inactive CPA Applications - Monthly

FY2020

FY2019

FY2018

0

100

200

300

400

500

600

700


Inactive CPA Applications - Yr to Date

FY2020

FY2019

FY2018

Month Initial Re-Exam Month Original Reciprocal Month Total Month Begin Bal Open Closed End Bal Month TotalJan-15 107 130 Jan-15 96 51 Jan-15 18 Jan-15 202 66 54 214 Jan-15 47Feb-15 62 110 Feb-15 64 16 Feb-15 20 Feb-15 214 22 40 196 Feb-15 13Mar-15 82 227 Mar-15 48 4 Mar-15 12 Mar-15 196 40 38 198 Mar-15 18Apr-15 97 180 Apr-15 48 61 Apr-15 18 Apr-15 198 7 38 167 Apr-15 29

May-15 78 151 May-15 40 11 May-15 11 May-15 167 26 18 175 May-15 73Jun-15 77 312 Jun-15 0 4 Jun-15 17 Jun-15 175 6 21 160 Jun-15 126Jul-15 66 178 Jul-15 60 54 Jul-15 13 Jul-15 160 10 32 138 Jul-15 90

Aug-15 52 155 Aug-15 100 21 Aug-15 11 Aug-15 138 31 27 142 Aug-15 6Sep-15 51 296 Sep-15 44 5 Sep-15 25 Sep-15 142 27 33 136 Sep-15 7Oct-15 64 154 Oct-15 74 70 Oct-15 13 Oct-15 136 53 32 157 Oct-15 21Nov-15 62 151 Nov-15 45 27 Nov-15 14 Nov-15 157 26 25 158 Nov-15 25Dec-15 139 276 Dec-15 0 2 Dec-15 22 Dec-15 158 9 24 143 Dec-15 35Jan-16 121 139 Jan-16 133 36 Jan-16 28 Jan-16 143 12 17 138 Jan-16 42Feb-16 101 141 Feb-16 68 12 Feb-16 16 Feb-16 138 17 21 134 Feb-16 17Mar-16 92 305 Mar-16 43 3 Mar-16 17 Mar-16 134 34 19 149 Mar-16 19Apr-16 97 191 Apr-16 60 69 Apr-16 3 Apr-16 149 27 31 145 Apr-16 38








Exam Applications Certificate Applications CPA Firm Registrations Professional Stds Cases Inactive

Month Initial Re-Exam Month Original Reciprocal Month Total Month Begin Bal Open Closed End Bal Month Total

Exam Applications Certificate Applications CPA Firm Registrations Professional Stds Cases Inactive




EXECUTIVE STAFF REPORT JANUARY 2020

Service to the Board: Cammie Emery began her 12th year of employment with the Board on January 1. Thanks, Cammie, for your service to the Board.

NASBA Committee Meeting: On January 7, Bob participated in a conference call meeting of the CBT Administration Committee on the Evolution of CPA and the Relevance of the CPA Examination and Invitation to Comment.

Breakfast Meeting: On January 14, David and Bob had their monthly meeting with Sharon Bryson and Mark Soticheck of the NCACPA. The meeting was held by conference call because of schedule changes.

NCACPA Board of Directors: David and Bob participated in a conference call meeting of the NCACPA Board on January 15.

Peer Review Meeting: On January 22, Bob and David participated in a video conference meeting with NCACPA and AICPA staff about information released by the AICPA concerning administrative information on peer reviews. The CPAs can elect to release this information making it available to our Board. This information will assist the Board with administrative information on peer reviews while maintaining confidentiality on the actual peer reviews.

AICPA Peer Review Committee: Bob and David participated by conference call in the first quarterly Committee meeting of the year on January 30.

ITEM VI-B

public session agenda north carolina state board of … · 2/02/2020 · case no. c2019297 - close...

Documents