public session agenda north carolina state board of … · 3/3/2020 · public session minutes...

PUBLIC SESSION AGENDA NORTH CAROLINA STATE BOARD OF CPA EXAMINERS

MARCH 17, 2020 1:00 P.M.

1101 OBERLIN ROAD RALEIGH, NC

I. Administrative Items A. Call to Order

Under North Carolina General Statute 163A-159, every Board member must avoid conflicts of interest and appearances of conflict. Does any Board member have any known conflict of interest or appearance of conflict concerning any matters coming before the Board today? If so, please identify the conflict or appearance of conflict and refrain from any undue participation in that matter.

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

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

F. Election of 2020-2021 Officers (ACTION)

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

III. National Organization Items IV. State & Local Organization Items A. Joint Dinner, Issues Forum Breakfast, and NCACPA Board Meeting (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

February 17, 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; 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; George Beckwith, CPA, NCACPA Board of Directors; and Sgt. J.A. Stokes, Raleigh Police Department.

CALL TO ORDER: President Winstead called the meeting to order at 10:00 a.m.

MINUTES: The minutes of the January 28, 2020, meeting were approved as submitted.

FINANCIAL AND BUDGETARY ITEMS: The January 2020 financial statements were accepted as submitted.

LEGISLATIVE AND RULE-MAKING ITEMS: Mr. Brooks reviewed an accounting standard that needs to be added to the Board's rules as well as some "clean up" changes to the rules that may be considered later in the year.

NATIONAL ORGANIZATION ITEMS: Mr. Brooks discussed the upcoming NASBA Eastern Regional meeting. The meeting is June 9-11, 2020, in White Sulfur Springs, WV.

Mr. Brooks also reviewed the future increases in the Uniform CPA Examination fees from NASBA, Prometric, and the AICPA.

STATE AND LOCAL ORGANIZATION ITEMS: Mr. Brooks reviewed the activities planned for March 17: Board Meeting, Joint Board/ NCACPA Board of Directors dinner; and March 18: Joint Breakfast, Issues Forum, and NCACPA Board Meeting.

REPORT OF THE PROFESSIONAL STANDARDS COMMITTEE: Mr. M Massey moved, and the Board approved the following recommendations of the Committee:

Case No. C2018181 - Dale Rife - Approve a signed Consent Order (Appendix I).

ITEM I-D

Public Session Minutes February 17, 2020

Page 2

Case No. C2020024 - Paul L. Erickson - Approve a Notice of Public Hearing for July 20, 2020, at 10:00 a.m. Case No. C2019303 - Close the case without prejudice. Case No. C2019310 - Close the case without prejudice. Case No. C2019321-1 and C2019321-2 - Close the cases without prejudice with a Letter of Warning. 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: Andrew William Agnone James Dylan Allison John Dawson Atkinson

Alicia Suzanne Grantham Amanda Lyn Mahoney Katelyn Elizabeth Metcalf

Original Certificate Applications - The Committee recommended that the Board approve the following: Andrew William Agnone Christine Cullen Allen James Dylan Allison John Dawson Atkinson Brenna Marie Aube Meghan Lynn Bailey Beth Andrea Baumunk Michael Stephen Bennett-Chew Christie Lynn Bonacci Dylan Thomas Cain Jacob Alexander Carter Marie Hye-Jin Chen Clare Elizabeth Creighton David Jonathan Crockett Taylor Christine Garland Christopher Gary Good Alicia Suzanne Grantham Karl Joseph Green Michelle Lauren Heupel Harris Walter Hickman Grace Chandler Hobson Michael Jeffrey King

Christian Kohlmann John Motley Langston, Jr. Cortney Elizabeth Leggett James Charles Loftus Amanda Lyn Mahoney John Logan McCloy Michael John Meglin Katelyn Elizabeth Metcalf Lindsay Smith Moody Olivia Kathleen Marsh Mullens Rosemary Murphey Victoria Yvette-Young Payne Charlotte Isabell Pielak Morgan Paige Rachmiel Kailey Hannah Robertson Kyle Michael Rogers Liliya Igorevna Sabaleuskaya Jessica Nicole Saggus Patrick Maury Shelton, Jr. Jamie Alexandra Shiels Elizabeth Mary Sullivan Nashua Thomas Tillotson


Page 3

Molly Jane van der Poel Jennifer Marie Venuti

Lauren Marie Wystup

Staff reviewed and recommended approval of the original application submitted by Thomas Benjamin Camp. Mr. Camp 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 Daniel Bryant Stack. Mr. Stack 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 Juliann Marie Willis. Ms. Willis 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. Reciprocal Certificate Applications - The Committee recommended that the Board approve the following: Jennifer Ann Beck Sophia Christina Campbell-Smith Michelle Tiffany Chin Evan Patrick Doughty Jason Dongjun Kim

Bryce Randall Morgan Tracy Liane Rose Brittani Elise Schettkoe Erica Marie Vogt Kendall Lauren Wilson

Temporary Permits - The Committee recommended that the Board approve the following temporary permits that were approved by the Executive Director: Jason Arthur Rothenburger, T11773 Christopher Michael Doughty, T11774 Aubrey P. Castor, T11775 Mark Stephen Bryant, T11776 Thomas Joseph O'Hara, Jr., T11777 Meagan Claire Deyermond, T11778 Mary Beth Antcliff, T11779 Mark Edward Huebeler, T11780 Stephanie Marie Cohen, T11781 Wei He, T11782 Joseph Larry Griffin, IV, T11783 Nadia Pasicznyk Humphrey, T11784 Yidi Zhou, T11785 Neil Jay Rosenberg, T11786

Diane L. Stibbard, T11787 Robert James Gluck, T11805 Jason Bernard Michael Hopkins, T11806 Matthew Oliver Young, T11807 Luke Wesley Robertson, T11808 Anne Elaine McLoughlin, T11809 Tracy Allison Hammond, T11810 Brittany Nicole Heitkamp, T11811 Cody Dane Kriechbaum, T11812 Michael Steven George, T11813 Megan Li Sorlie, T11814 Jessica Anne Klein Goodman, T11815 Michael Joseph LaCalamito, T11816


Page 4

Reinstatements - The Committee recommended that the Board approve the following: Jill Katherine Crook, #34743 Kelly Ann Filson, #39919 Michelle Lee Harris, #37179 Mitzie Brooks Isear, #24741

Elizabeth McCarter Robinson, #17076 Donald Craig Schroder, #28728 Robert C. Taylor, #21643

Staff reviewed and recommended approval of the reinstatement application submitted by Douglas Alan Steare, #23370. Mr. Steare failed to disclose pertinent information with his Exam and certificate applications but provided it with his reinstatement application. Staff recommended approval of the application with a one-year probationary period. The Committee recommended that the Board approve staff recommendation. Reissuance of New Certificate - The Committee recommended that the Board approve the following applications for reissuance of new certificate: Liane Marie Barber, #39513 Jun Bum Chung, #24389

Erin Kathleen Coffey, #41696 Thomas Clinton Shuford, #20791

Firm Registrations - The Committee recommended that the Board approve the following professional limited liability companies that were approved by the Executive Director: Matt Jackson CPA, PLLC John M Spadafino CPA PLLC Extension Requests - The Committee recommended that the Board approve the following individuals for an extension for completion of CPE until the dates noted: Kera J. Hinton, #21481 - June 30, 2020 Ronald E. Miller, #7747 - June 30, 2020

Sonya Yvette Rorie, #26681 - March 31, 2020

The Committee recommended that the Board disapprove Joan E. Jones, #39329, for an extension for completion of CPE. Letter of Warning - The Committee recommended that the Board approve the request to rescind the Letter of Warning issued to Dennis Lee Anderson, #42608. Examinations - The Committee recommended that the Board approve the following staff-approved applicants to sit for the Uniform CPA Examination: Thomas Abele Justin Appley Prem Balakrishnan Eric Barnett Christopher Beamguard David Bell Brett Bertemes

Douglas Bittner Andrew Boland Caroline Bower Olivia Brettschneider Dean Brindle Akhari Brown Kaitlin Brown


Page 5

Christopher Burdick Marina Chaconas Christian Chaney Mary Chase Charles Chavis Chad Collins Lenvil Coltrane Brett Congleton Tucker Crowder Ty Cruz Leslie Cunnane Joshua Curry Harry DiGiacomo Nicholas Drahus Jennifer Driver Alicia Dunn Megan Dyer Kira Eckard Elizabeth Eisenrauch Khalid Elshaikh Chadwick Feeley Erica Fields Marissa Flood Christopher Flynn Kacy Forbes Molly Foster Rohsaan Francis Amanda Gadd David Gibbons Michelle Gunshefski Brian Hardin Kathryn Harris Stephanie Harris Trent Herndon Patrick Hoan Fredrick Hood Marcus Hulbert Henley Irby Jarkayla Jackson Nehemiah Jackson Mekeia Jenkins Hutton Johnston Tyler Jones Adriane Jones Wilson Kyle Justice Christal Kelly

Amanda Kilduff Jonathan Kim Ramji Koirala Madeleine Kruener Lauren Layton Steven Leerberg Stephanie Lemons Maia Lew Victoria Lloret Tyler Maher Jordan Malik Amanda Malkiewicz Roy McDonald Jorge McGriff Cody McKenzie Jonathan McMillan Patrick McNamara Joseph Milici Peyton Miller Lauren Moore Shenae Morrison Mahsa Movahed Audrey Mullins Emanuel Nasui Kyle Nay Christopher Newman-Clifford Taylor Norris Peyton Noschese Jeanny O'Masta Daniel Oakley Sheila Odhiambo Ji Seok Oh Bailey Ormond Nathan Pacello Jacob Pastirik Marcus Patterson Jame Petrucci Josie Pettit Jason Pomerantz Tram Quach Basel Quran Mary Reed Steven Rice Olivia Richardson Marissa Rio Danielle Roberts


Page 6

Ross Robison Amber Romero Eileen Rose Mark Ross Allison Rowe Michael Saccavino Kayla Saffer Diana Said Kristina Salvagin Marshall Sams Andrew Scroger Ana Sebastian Birgit Sexton Heather Shamblin Dhrumit Sheth Debra Shevitz Michael Shuster Joshua Siegal Katherine Sipple Amy Smith ShaQuita Smith Tyler Smith

Sarah Spence Michael Spurgeon Allan Staten Margaret Strickland Matthew Sullivan Savannah Sutton Nar Thapaliya Matthew Thompson Christopher Thornton Jacob Tripp Dominick Vaccaro Dianne Wallace Myakka Ware Angela Webster Harrison Welch Cameron Wells Lora Williams Hardison Alisia Wilson Sydney Wohlfert Benjamin Wojnar Lawrence Workman John Younis

EXECUTIVE STAFF AND LEGAL COUNSEL REPORT: The Executive Staff provided the monthly operational metrics and the Executive Staff Report. Ms. Demery asked that she be removed from the Joint Task Force on Succession Planning due to personal reasons. ADJOURNMENT: Ms. Demery and Mr. G. Massey moved to adjourn the meeting at 10:37 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: Dale Rife, CPA, #24295

Respondent

BEFORE THE NORTH CAROLINA STATE BOARD OF CERTIFIED PUBLIC ACCOUNTANT EXAMINERS

CASE#: C2018181

CONSENT ORDER

THIS CAUSE, coming before the North Carolina State Board of CPA Examiners ("Board") at its offices at 1101 Oberlin Road, Raleigh, Wake County, North Carolina, with a quorum present. Pursuant to N. C. Gen. Stat. § 150B-41, the Board and Respondent stipulate to the following:

l. Dale Rife (hereinafter "Respondent'') is the holder of North Carolina certificate number 24295 as a certified public accountant.

2. The Board received a complaint from the Respondent's step-sister ("Complainant"). The Complainant alleged, among other things, that the Respondent had filed an IRS Form 1099 as the executor of their father's estate ("Form 1099") showing income to the Complainant.

3. The Complainant alleges that the Respondent created the Form 1099 to show greater income than was reported on her 2011, 2012, and 2013 tax returns. This understatement resulted in an IRS audit of the Complainant's t axes.

4. The Respondent claims that the amount shown on the Form 1099 is to offset the amount that the Complainant diverted from income that was intended for her step-father during his lifetime.

5. After auditing the Complainant's taxes, the IRS determined that the Form 1099 should be disregarded.

6. The Respondent contends that he was not contacted by the IRS or given an opportunity to provide evidence of his step-sister's purported diversion of her step-father's money.

7. The Respondent was unable to provide the Board with documentation showing that he was authorized to issue the Form 1099 and could not show that the Form 1099 was otherwise compliant with IRS statutes or regulations.

8. The Respondent denies that the conduct described herein constitutes a violation of the Rules of Professional Ethics and Conduct adopted by the Board.

9. The Respondent wishes to resolve this matter by consent and agrees that the Board staff a.nd counsel may discuss this Consent Order with the Board ex parte, whether or not the Board accepts this Consent Order as written. Respondent understands and agrees that this Consent Order is subject to

APPENDIX I

review and approval by the Board and is not effective until approved by the Board at a duly constituted Board Meeting.

BASED upon the foregoing, the Board makes the following Conclusions of Law:

1. The Respondent is subject to the provisions of Chapter 93 of the North Carolina General Statutes and Title 21, Chapter 08 of the North Carolina Administrative Code, including the Rules of Professional Ethics and Conduct promulgated and adopted therein by the Board.

2. If proven at hearing, the Respondent's aforementioned conduct would constitut e a violation of 21 NCAC 08N .0203 (discreditable conduct).

3. Per N.C. Gen. Stat. § 93-12(9), and also by virtue of the Respondent's consent to this order, the Respondent is subject to the discipline set forth below.

BASED on the foregoing and in lieu of further proceedings, the Board and Respondent agree to the following Order:

1. The Certified Public Accountant certificate issued to the Respondent, Dale Rife, is revoked for a period of three (3) years.

2. Respondent Dale Rife 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 his revoked North Carolina certificate.

CONSENTED TO THIS THE \' DAY OF __ F_i;:-_'3_'{(.J_v-._A-{2__ '{_/ __ , 2 02.0

;r~q~ (:Month) (Year)

Respondent

APPROVED BY THE BOARD THIS THE t1'-~AY OF ~ J-_-7.../k,/"l . (Day) (Mont)(1 ---,....~

NORTH CAROLINA STATE BOARD OF CERTIFIED PUBLIC ACCOUNTANT EXAMINERS

2020 Draft Rule-Making Schedule as Recommended by Executive Staff

May 18, 2020 Draft rules presented for discussion

July 20, 2020 Continued discussion of draft rules

August 17, 2020 Proposed rules presented and voted on to send to Rules Review Commission (RRC) for publication in the NC Register

August 24, 2020 Filing deadline for publication in the NC Register

September 15, 2020 Rules published in the NC Register

October 19, 2020 Public rule-making hearing

November 16, 2020 Public comment period ends

November 23, 2020 Final action by the Board on the proposed rules

December 21, 2020 File rules with the RRC

January 21, 2020 Review by the RRC at its meeting

April 1, 2020 Effective date of amended rules

ITEM II-A

1 of 1

21 NCAC 08F .0504 is proposed for amendment as follows: 1

2

21 NCAC 08F .0504 CANDIDATES' ACCOUNTANCY LAW COURSE REQUIREMENT 3

(a) Within one year prior to applying for certification, all candidates for original or reciprocal certification must pass 4

an open book examination on the North Carolina Accountancy Statutes and Rules, including the Rules of Professional 5

Ethics and Conduct contained therein. 6

(b) In lieu of taking the examination, a candidate may complete an eight-hour 400-minute CPE course activity on the 7

subject of the examination within one year prior to applying for the CPA certificate. Such course activity or 8

examination must meet the requirements of 21 NCAC 08G .0404(a). This course activity may count toward the 9

candidate's annual CPE requirement. 10

11

History Note: Authority G.S. 93-12(8a); 12

Eff. October 1, 1987; 13

Amended Eff. April 1, 2003; April 1, 1999; May 1, 1989; 14

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. October 28, 15

2014. 16

Amended Eff. Date X, 2020. 17

1 of 1

21 NCAC 08J .0105 is proposed for amendment as follows: 1

2

21 NCAC 08J .0105 INACTIVE STATUS: CHANGE OF STATUS 3

(a) A CPA may apply to the Board for change of status to inactive status provided the CPA meets the description of 4

inactive status as defined in 21 NCAC 08A .0301. Application for any status change shall be made on the form 5

provided by the Board. 6

(b) A CPA who does not meet the definition of inactive may not remain on inactive status. 7

(c) A CPA on inactive status may change to active status by: 8

(1) paying the certificate renewal fee for the license year in which the application for change of status 9

is received; 10

(2) furnishing the Board with evidence of satisfactory completion of 40 hours 2,000 minutes of CPE 11

courses during the 12-month period immediately preceding the application for change of status. 12

Eight Four hundred of the required hours minutes shall be credits derived from a course an activity 13

or examination in North Carolina accountancy statutes and rules (including the Code of Professional 14

Ethics and Conduct as set forth in 21 NCAC 08N contained therein) as set forth in 21 NCAC 08F 15

.0504; and 16

(3) submitting three certificates of good moral character and completed by CPAs. 17

18

History Note: Authority G.S. 93-12(3); 93-12(8); 93-12(8b); 19

Eff. December 1, 1982; 20

Curative Adopted Eff. January 25, 1983; 21

Legislative Objection Lodged Eff. January 31, 1983; 22

Amended Eff. January 1, 2014; February 1, 2012; February 1, 2011; August 1, 1998; August 1, 23

1995; April 1, 1994; March 1, 1990; May 1, 1989; 24

Readopted Eff. February 1, 2016. 25

Amended Eff. Date X, 2020. 26

27

1 of 2

21 NCAC 08N .0305 is proposed for amendment as follows: 1

2

21 NCAC 08N .0305 RETENTION OF CLIENT RECORDS 3

(a) A CPA shall return client-provided records in the CPA's custody or control to the client at the client's request. 4

Client-provided records are accounting or other records, including hardcopy and electronic reproductions of such 5

records, belonging to the client that were provided to the CPA by, or on behalf of, the client. 6

(b) Unless a CPA and the client have agreed to the contrary, when a client makes a request for CPA prepared records 7

or a CPA's work products that are in the CPA's custody or control that have not previously been provided to the client, 8

the CPA shall respond to the client's request as follows: 9

(1) The CPA shall provide CPA prepared records relating to a completed and issued work product to 10

the client, except that such records may be withheld if fees are due to the CPA for that specific work 11

product; and 12

(2) CPA's work products shall be provided to the client, except that such work products may be 13

withheld: 14

(A) if fees are due to the CPA for the specific work product; 15

(B) if the work product is incomplete; 16

(C) if for purpose of complying with professional standards (for example, withholding an audit 17

report due to outstanding audit issues); or 18

(D) if threatened or outstanding litigation exists concerning the engagement or CPA's work. 19

(c) CPA prepared records are accounting or other records that the CPA was not specifically engaged to prepare and 20

that are not in the client's books and records or are otherwise not available to the client, thus rendering the client's 21

financial information incomplete. Examples include adjusting, closing, combining, or consolidating journal entries 22

(including computations supporting such entries) and supporting schedules and documents that the CPA proposed or 23

prepared as part of an engagement, (for an example, an audit). CPA's work products are deliverables set forth in the 24

terms of the engagement, such as tax returns. 25

(d) Once a CPA has complied with these requirements, he or she shall not be under any further ethical obligation to: 26

(1) comply with any subsequent requests to again provide records or copies of records described in 27

Paragraphs (a) and (b) of this Rule. If subsequent to complying with a request, a client experiences 28

a loss of records due to a natural disaster, the CPA shall comply with an additional request to provide 29

such records; and 30

(2) retain records for periods that exceed applicable professional standards, state and federal statutes 31

and regulations, and contractual agreements relating to the service performed. 32

(e) A CPA who has provided records to an individual designated or held out as the client's representative, such as the 33

general partner, majority shareholder, or spouse, shall not be obligated to provide such records to other individuals 34

associated with the client. 35

2 of 2

(f) Work papers shall be the CPA's property, and the CPA is not required to provide such information to the client. 1

However, state and federal statutes and regulations and contractual agreements may impose additional requirements 2

on the CPA. 3

(g) In fulfilling a request for client provided records, CPA prepared records, or a CPA's work products, the CPA may: 4

(1) charge the client a fee for the time and expense incurred to retrieve and copy such records and 5

require that the client pay the fee before the CPA provides the records to the client; 6

(2) provide the requested records in any format usable by the client. The CPA is not required to convert 7

records that are not in electronic format to electronic format. If the client requests records in a 8

specific format and the records are available in such format within the CPA's custody and control, 9

the client's request should shall be honored. In addition, the CPA is not required to provide the client 10

with formulas, unless the formulas support the client's underlying accounting or other records 11

records, or the CPA was engaged to provide such formulas as part of a completed work product; 12

and 13

(3) make and retain copies of any records that the CPA returned or provided to the client. 14

(h) A CPA who is required to return or provide records to the client shall comply with the client's request as soon as 15

practicable, but no later than 45 days after the request is made. 16

(i) Each licensee having client records shall annually identify to the Board a designee to arrange for the orderly 17

protection of those records. That designee shall be a CPA, who has agreed in writing, to make arrangements for the 18

protection of client interests in the event of the licensee’s death, disability, impairment, or incapacity. The Board may 19

audit information submitted by licensees in compliance with this rule. 20

21

History Note: Authority G.S. 55B-12; 57D-2-02; 93-12(9); 22

Eff. April 1, 1994; 23

Amended Eff. January 1, 2006; April 1, 2003; 24

Readopted Eff. February 1, 2016; 25

Amended Eff. May 1, 2017. 26

Amended Eff. Month Day, 2021. 27

21 NCAC 08N .0411 FORENSIC SERVICES STANDARDS 1 2

(a) Standards for Forensic Services. A CPA shall not render forensic services unless the CPA has complied with the 3

applicable forensic services standards. 4

(b) Statement on Standards for Forensic Services. The Statement on Standards for Forensic Services issued by the 5

AICPA, including subsequent amendments and additions, are hereby incorporated by reference, as provided by G.S. 6

150B-21.6, and shall be considered Forensic Services Standards for the purpose of Paragraph (a) of this Rule. 7

Departures from the standards listed in this Paragraph shall be justified by those who do not follow them as set out 8

in the standards. 9

(c) Copies of the Standards for Forensic Services. Copies of the Standards for Forensic Services may be inspected 10

in the offices of the Board, as described in 21 NCAC 08A .0102. Copies may be obtained from the AICPA, 220 11

Leigh Farm Road, Durham, NC 27707 as part of the “AICPA Professional Standards.” They are available at a cost, 12

which is one hundred ninety-four dollars ($194.00) in paperback form or one hundred sixty-nine dollars ($169.00) in 13

on-line subscription form. 14

15

History Note: Authority G.S.55-12; 57D-2-02; 93-12(9); 16

Eff. Month, Day Year. 17

18

Schedule for March 2020 Board Meeting and Activities

Accommodations

Tuesday, March 17, 2020

Board Office

10:30 a.m.

10:30 a.m.

Noon – 1:00 p.m.

1:00 p.m.

Angus Barn

6:30 p.m.

Embassy Suites Hotel, Harrison Oaks Blvd. Cary

Marriott Crabtree, Marriott Dr., Raleigh

Professional Standards Committee Meeting

Professional Education & Applications Committee Meeting

Lunch

Board Meeting, Including Election of Officers

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. – 9:00 a.m. Breakfast with NCACPA Board

9:00 a.m. – 10:30 a.m. Issues Forum with NCACPA Board

10:45 a.m. – noon NCACPA Board Meeting

Noon – 12:30 p.m. Lunch

12:30 – 3:00 p.m. NCACPA Board Meeting

ITEM IV-A

Org 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 70 74 39 58 101March 0 45 66 67 92

Avg 70 70 63 89 83

Org 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 173 164 176 219 203

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 31 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 27 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 28 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 56 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




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NC CPA Board 02-2020 Newsletter"NC State Board of CPA Examiners" <[email protected]> 3 groupsSent to 23,906 recipients on Feb 19, 2020 8:00 am

this mailingcommunity avg

10MailingScore

40%Opens

9,501 opens35%Clicks

3,365 unique clicks99%Delivery

23,745 delivered162 bounced

65.4% Desktop

34.6% Mobile

0% AOL

3.4% AppleMail

28.0% Gmail

3.6% Outlook

0% Outlook.com

0.0% Yahoo! Mail

65.1% Unknown

OPENS BY DEVICE

OPENS BY CLIENT

CLICK ANALYSIS

77 Hard

North Carolina February 2020NC CPA Board 02-2020 NewsletterFeb 19 2020 08:00:22 AM CST

response totals as of Feb 24 2020 01:12:03 PM CSTtotal emails sent: 23906total received: 23745 99.30%total bounces: (77 Hard) 161 0.70%

People who opened it: 9501 40.01%Total Clicks: 6834 71.90%People who opted out: 8 0.03%New people who signed up: 0 0.00%

Clicks on links:link 1: .jpg - (https://nccpaboard.gov/): 53 0.78%link 2: .jpg - (https://nccpaboard.gov/wp-content/uploads/2020/02/02-2020-Activity-Review.pdf): 732 10.71%link 3: nccpaboard.gov - (https://nccpaboard.gov/): 23 0.34%link 4: VIEW THE FEBRUARY 2020 EDITION - (https://nccpaboard.gov/wp-content/uploads/2020/02/02-2020-Activity-Review.pdf): 5944 86.98%link 5: website - (http://nccpaboard.gov/welcome/activity-review/): 82 1.20%

Social sharing: 60

Shares via Email: 22Shares on Facebook: 13Shares on Twitter: 25Shares on Linked-In: 0

AnalyticsNC CPA Board website

Users % Users

Audience Overview

Feb 1, 2020 - Feb 29, 2020Compare to: Jan 1, 2020 - Jan 31, 2020

Overview

Feb 1, 2020 - Feb 29, 2020

Jan 1, 2020 - Jan 31, 2020

Feb 1, 2020 - Feb 29, 2020: UsersJan 1, 2020 - Jan 31, 2020: Users

Feb 2 Feb 4 Feb 6 Feb 8 Feb 10 Feb 12 Feb 14 Feb 16 Feb 18 Feb 20 Feb 22 Feb 24 Feb 26 Feb 28 Mar 1

500500500

1,0001,0001,000

Users

-11.81%6,877 vs 7,798

New Users

-11.03%5,702 vs 6,409

Sessions

-14.51%9,952 vs 11,641

Number of Sessions per User

-3.06%1.45 vs 1.49

Pageviews

-12.59%24,236 vs 27,728

Pages / Session

2.24%2.44 vs 2.38

Avg. Session Duration

15.73%00:02:54 vs 00:02:30

New Visitor Returning Visitor

27.5%

72.5%

28.2%

71.8%

All Users

https://analytics.google.com/analytics/web/?utm_source=pdfReportLink#/report/visitors-overview/a61656745w96391266p100548466/_u.date00=20200201&_u.date01=20200229&_u.date10=20200101&_u.date11=20200131/

Top 10 Search Queries - Feb. 2020nc cpa boardnc cpa lookupnc cpanc board of cpa examinersnc state board of cpa examinersnccpa boardnorth carolina cpanorth carolina board of accountancync cpa license lookupnc cpa requirements

Top 10 Referral Sources - Feb. 2020nasba.orgbaidu.comais-cpa.comefficientlearning.comncacpa.orgbecker.comgleim.comcrushthecpaexam.comaccounting-degree.orglinkedin.com

Top 10 Pages - Feb. 2020Welcome Page (homepage)Forms & ApplicationsLicensees Uniform CPA Examination ApplicantsLicense Applicants Search the DatabaseApplicants CPE About Activity Review

EXECUTIVE STAFF REPORT MARCH 2020

Service to the Board: Frank Trainor began his 10th year of service to the Board on January 1. Thank you, Frank, for your service to the Board.

NC Bar Administrative Law Council: Frank, who is a member of the Council, attended the Council meeting on January 31.

AICPA Committee Meeting: On February 11, Bob and David participated in a conference call meeting of the AICPA Professional Ethics Executive Committee (PEEC).

NCACPA Meeting: David and Bob had their monthly meeting with Sharon Bryson and Mark Soticheck of the NCACPA on February 11. The meeting was held by conference call due to schedule changes.

NCACPA Board of Directors: On February 15, David and Bob participated in a conference call meeting of the NCACPA Board of Directors.

NASBA Mid-Atlantic Region Meeting: Mr. Winstead and Bob participated in a conference call meeting with other members of the NASBA Mid-Atlantic region (West Virginia, Virginia, Maryland, District of Columbia, Delaware, and South Carolina) on February 18.

Succession Planning Joint Task Force: On February 18, David and Bob participated in the first meeting of the Joint Succession Planning Task Force. The Task Force met at the Greensboro office of DMJ & Co., PLLC. All Task Force members were present, as were Sharon Bryson and Mark Soticheck of the NCACPA.

NCACPA GAA Committee Meeting: David, who is a member of the Committee, participated in the Government Accounting and Auditing (GAA) Committee meeting on February 26.

ARPL Webinar: On February 27, Bob viewed the Alliance for Responsible Professional Licensing (ARPL) webinar sponsored by NASBA. NASBA is a member of ARPL, a watchdog group representing all NASBA boards and several other professional licensed occupations.

ITEM VI-B

public session agenda north carolina state board of … · 3/3/2020 · public session minutes...

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