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Here is some very important news and updates...  
  Board Adopts Mutual Recognition Agreements (December 2013)
New Rules Effective February 4, 2014 (February 2014)
Board and Advisory Committee Members Honored (August 2013)
Laws 2013, Chapter 136 (HB 2260) (September 2013)
Board and Advisory Committee Members Honored (August 2012)
Board's Portal and Renewals Online (July 2012)
Changes to the Uniform CPA Examination (September 2011)
Board and Advisory Committee Members Honored (August 2011)
Changes to the Uniform CPA Examination (November 2010)
Firms Only Providing Non-disclosure Compilation Services
Uniform CPA Examination Fee Changes (August 2010)
Board and Advisory Committee Members Honored (August 2010)
New Website Launched (September 2009)
Board and Advisory Committee Members Honored (August 2009)
Exam Results (July 2009)
New CPE Requirements (January 2009)
 
   
 Board Adopts Mutual Recognition Agreements (December 2013)
  At its December 3, 2013 meeting, the Arizona Board of Accountancy (Board) voted to adopt Mutual Recognition Agreements (MRAs) with the following countries:
  • Australia - Institute of Chartered Accountants in Australia
  • Canada & Mexico - Canadian Institute of Chartered Accountants and Instituto Mexicano de Contradores Publicos and Comité Mexicano para la Práctica Internactional de la Contraduria, including the Memorandum of Understanding
  • Ireland - Chartered Accountants Ireland
  • New Zealand Institute of Chartered Accountants
  • Hong Kong Institute of Certified Public Accountants
The U.S. International Qualifications Appraisal Board (IQAB) indicates that many jurisdictions (states) have moved to grant reciprocal licenses or certificates to accountants from other countries providing “that the standards under which the applicant was certified or otherwise authorized to practice public accountancy were at least as high as the standards of this state at the time that authority was granted.”

IQAB, on behalf of state boards, established a process to evaluate qualifications of other countries using criteria comparable to those used to qualify U.S. CPAs for licensure. To accomplish this, a consensus must be achieved on principles of reciprocity, including education, examination and experience. Qualifying countries must provide sufficient evidence that their candidates meet those requirements. If consensus is met, an MRA is signed between representatives of the host country, the AICPA and NASBA.

An important portion of the qualifying procedure for candidates from these countries is to test the applicant’s knowledge of accounting issues in the corresponding countries “body of knowledge.” IQAB established the testing tool known as the International Qualification Examination (IQEX). IQEX tests tax and accounting business law, which can vary widely between the applicant’s country and the U.S. Beginning in late 2012, IQEX became the Regulation (REG) section of the Uniform CPA Examination.

By adopting MRAs with the six countries listed above, and pursuant to ARS §32-721(D) and R4-1-341(A)(4), the Board recognizes that if an application is received from a candidate whose license is held in any of these countries, and that candidate can provide evidence of passing IQEX, the candidate can apply by substantial equivalency for a CPA certificate with the Board.
   
 New Rules Effective February 4, 2014 (February 2014)
  The Board’s rules have been updated to reflect changes required due to the passage of Laws 2013, Ch. 136 HB 2260; to ensure that they accurately reflect operating practice; and to provide technical, clarifying, and conforming changes to improve the organization and readability of the rules for the regulated community.

If you are interested in learning about the specific changes, the Notice of Final Rulemaking delineates the changes to the old rules by repealing language (repealing language) and adding new language (new language). If you would prefer to read a rule in its final form with all the incorporated changes, the rules can be found here.

One of the positive changes for CPA’s is R4-1-453 that allowed CPE credit for only whole hours was amended to allow CPE in half hour increments for any period not less than a whole class hour. CPAs will now get credit for partial hours that they formally did not receive which will have a positive impact as CPAs will not have to incur additional time or cost for lost partial CPE credit to meet their CPE requirement. Additionally, R4-1-345 was amended to increase the late fee from $25 to $50 for late registrations.
   
 Board and Advisory Committee Members Honored (August 2013)
  At its Annual meeting, the following members of the Arizona State Board of Accountancy (“Board”) and its advisory committees were recognized for their dedicated service to the Board, the CPA profession and the public. Mark Landy’s service with the Board, as a Board member will be missed, but not for long, because he has volunteered, once again, to serve on one of the Board’s many committees. His new role will be as a member of the Law Review Committee, who is responsible for the Board’s statutes and rules. In fact, Mr. Landy’s many years of service, not only as a Board member, but a member of the Certification Committee and the Auditing & Accounting Standards Committee will now serve the Law Review Committee well.

All of the committee members listed below continue to provide outstanding support to the Board and their terms range from five years to a whopping 15 years of service. Notably, Sharon F. Erickson has served on the Tax Practice Committee for the past 15 years and has just renewed her membership for another five-year commitment. In fact, like Ms. Erickson, all but two of the committee members listed below volunteered to renew their memberships for another five-year term on their respective committees. The renewing committee members are: Dominic Celico, Anne Cornelius, Todd Jason, Christopher A. Lutes, Nancy S. Maurer, Vicki L. Rios and Stephen J. Rodis. While the Board and its staff will miss the service and expertise of Jennifer Phillips and Laura Belval, the Board and its staff also wish them well, but are equally grateful for each member who continues to serve and for each member who is added to this ever growing list of dedicated volunteers. The Board would not be able to fulfill its mission without the dedication of these, and all the Board and advisory committee members, who are committed to protecting the public and educating the Arizona CPA community.

Board
Mark L. Landy, CPA 2008 - 2013

Auditing and Accounting Advisory Committee
Christopher A. Lutes, CPA 2008 - 2013
Jennifer Phillips, CPA 2008 - 2013

Certification Committee
Nancy S. Maurer, CPA 2003 – 2013
Vicki Rios, CPA 2004 – 2013

Continuing Professional Education Committee
Laura G. Belval 2002 - 2013
Anne Cornelius, CPA 2008 - 2013
Todd Jason, CPA 2003 - 2013

Peer Review Oversight Committee
Dominic J. Celico, CPA 2008 – 2013

Tax Practice Committee
Sharon F. Erickson, CPA 1998 - 2013
Stephen J. Rodis, CPA 2008 - 2013

Board Investigator
Gary L. Gethmann, CPA 1999 – 2013

various board and committee members receiving awards for service
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 Laws 2013, Chapter 136 (HB 2260) (September 2013)
  The Arizona Board of Accountancy, the Board's Law Review Advisory Committee, and the Board staff worked diligently to review its statutes and make necessary improvements to better serve exam and certification applicants and registrants and to ensure an understandable regulatory framework.

Please read the following summary and details of the laws: Laws 2013, Ch. 136 (HB 2260)

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 Board and Advisory Committee Members Honored (August 2012)
  At its Annual meeting, the following Board and Advisory Committee members were recognized for their dedicated service to the Arizona State Board of Accountancy and to the CPA profession. Gary Fleming’s leadership and understanding of the Board’s role will be missed. While members of the Board are limited with their service to a five-year term, the Committee members continue to provide outstanding support to the Board with terms ranging from four years to 21 years of service. Notably, R. Gregory “Greg” Blake has served on the Tax Practice Committee since its inception in 1991. In addition, two other Committee members, Stephen “Steve” T. Harris and Andreas “Andy” D. Coumides have served for 15 years on the Auditing & Accounting Standards Committee. All three have each been approved to serve another five-year term on their respective Committees. In fact, many of the other CPAs, like Laura G. Belval, Timothy R. Coffey and Michael P. O’Malley, recognized at this year’s annual meeting will continue to serve the Board and the CPA profession. Layne Simmons was a Tax Practice Committee member and is the most recently Governor appointed member to the Board and his knowledge and experience on the Committee will transcend well into his continued service as the newly Governor appointed Board member. The Board would not be able to fulfill its mission without the dedication of these, and all the Board and Advisory Committee members, who are committed to protecting the public and educating the Arizona CPA community.

Board
Gary W. Fleming, CPA 2007 - 2012

Auditing and Accounting Advisory Committee
Julia Ann Bradbury, CPA 2005 - 2012
Andreas D. Coumides, CPA 1997 - 2012
Stephen T. Harris, CPA 1997 - 2012

Certification Committee
Jeanette Carolina, CPA 2007 - 2011
Barbara J. Muller, CPA 2003 - 2011

Continuing Professional Education Committee
Laura G. Belval, CPA 2002 - 2012

Peer Review Oversight Committee
Timothy R. Coffey, CPA 2007 – 2012

Tax Practice Committee
R. Gregory Blake, CPA 1991 - 2012
Michael P. O’Malley, CPA 2002 - 2012
Layne R. Simmons, CPA 2009 - 2012

various board and committee members receiving awards for service
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 Board's Portal and Renewals Online (July 2012)
Board's Portal MenuThe Arizona State Board of Accountancy (Board) is pleased to announce the release of its portal which represents the exciting completion of the first of many milestones to modernize the Board’s operations and improve services to its customers. The portal, currently in its infancy, provides services for online renewals, and sole practitioner firm registration if applicable as part of the online renewal, as well as CPE tracking. The system currently can be used by registrants with full two year term renewals. The system cannot be used by registrants, who have recently been certified and have a prorated renewal period and prorated CPE requirements, however, the system is being enhanced to accommodate these registrants in the near future. The portal is being strategically designed as an online account that will be unique to each and every customer of the Board whether they are an applicant to sit for the uniform CPA exam, a certification candidate, or a registrant already regulated by the Board.

As the Board continues its modernization efforts, the services in the portal will continue to grow. For example, in the future the portal will include other online applications or a quick and convenient place to update a name or address with a few simple steps. These changes help the Board work smarter and more efficiently, improve regulation, and provide a more flexible and convenient customer service experience.

During the summer, CPAs will receive a letter with an account number and password which will require that the portal be used for renewals and CPE tracking. Please be patient if you learn that another CPA has received this information and you haven’t. The mailing will be a large endeavor for Board staff and may be staggered over several weeks to complete.

The following delineates a few of the highlights of the new business processes that are both advantageous to the Board and its customers and provide a win-win solution.

Registration Renewal/Sole Practitioner Firm Registration

Convenience
  1. Provides customized forms that are dynamic based on individual responses.
  2. Take a break and continue at a later time as entries are saved as you go.
  3. MasterCard and Visa are accepted. Checks and cash are still accepted by mail or in person after the renewal is completed online and printed.
  4. E-file helps registrants avoid being late by ensuring instant delivery and by saving time from mailing or hand delivery.
Transparency

All available renewal options (e.g., inactive, fee and continuing professional education (CPE) waivers) are presented and fully described to help CPAs make the most informed decisions about their license.

Customer Service
  1. Built-in help is always available for further clarification or guidance without having to call, email or wait until the Board’s office is open. Of course, Board staff is available to provide personal assistance during business hours, if needed.
  2. The online renewal form integrates all the related forms that previously had to be downloaded separately, providing a one-stop experience.
  3. A confirmation receipt is emailed after the renewal is received and paid online.
Compliance and Efficiency
  1. Immediate validation of requirements ensures that renewals are complete and accurate before the renewal can be accepted.
  2. No lost or misplaced paperwork. The renewal is accessed through the Internet via a secured account number

Continuing Professional Education List

Board's Portal MenuSince the web based model is replacing the paper based renewal and Excel CPE reporting forms, all CPAs should access the portal and begin to track their  CPE online even if their renewal won’t be due for some time. The biggest transition issue with changing business processes relates to CPE tracking, especially for those registrants whose renewals are due shortly and may have already used the Excel CPE form to record their CPE. The recording of CPE online is a one time transition issue but can be minimized for those CPAs that use the CPE List portal application sooner rather than later. The sooner CPAs begin to use the portal to track CPE, the more streamlined their next renewal will be as they will minimize the need to reenter data. Additionally, two new fields including sponsoring organization and location of program have been added to the required tracking elements so the old form is obsolete by way of required content.

Transaction List

Transaction List The transaction list is a feature where CPAs can find copies of their most recent online transactions with the Arizona State Board of Accountancy. The Board of Accountancy is undergoing a multi-year modernization effort and over time other online transactions will be added to the portal. However, the transaction list for the time being will only include copies of your online renewal. As such, if you lose your hard copy and need to print another copy for your files then one can be found in your account under the transaction list button. The Board has received positive reviews during the roll out of this new business process. The online renewal has a survey to collect feedback to support the Board's effort to better serve its customers through continuous improvement. The Board hopes that CPAs enjoy this new process, and looks forward to hearing from them about their experiences.                                   top

 Changes to the Uniform CPA Examination (September 2011)
  In January 2011, the examination partners Prometric, American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) launched the latest Uniform CPA Exam update which included a time change for the audit (AUD) and business and environment concepts (BEC) exam sections. Effective January 1, 2012, this parnership announced for the second year in a row a reduction in fees paid by candidates.


 Exam Section
Current Fee 
Structure 
Fee Structure 
Effective 1/1/12 
 Auditing and Attestation (AUD) $207.15  $195.35 
 Business Environment and Concepts (BEC) $185.10  $176.25 
 Financial Accounting and Reporting (FAR) $207.15  $195.35 
 Regulation (REG) $185.10  $176.25 
 TOTAL $784.50  $743.20 

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 Board and Advisory Committee Members Honored (August 2011)
  At its Annual Meeting, the following Board and Advisory Committee members were recognized for their service to the Arizona State Board of Accountancy and to the CPA profession. Board members have a five-year term limit. The Board continues to receive excellent support from its advisory committee members. Many advisory committee members serve more than one-five year term. Notably, Brian R. Lee was recognized for ten years of service and continues to serve. Also, BJ Morley and Douglas L. Ball have served on the Certification and Peer Review Oversight Committees respectively for the last five years and also continue to serve. The Board would not be able to fulfill its mission without the dedication of these advisory committee and Board members who give back to their profession and in turn help protect the public.

Board
Debbi Fitzgerald, CPA 2006 - 2011

Auditing and Accounting Advisory Committee
Brian R. Lee, CPA 2001 - 2011

Peer Review Oversight Committee
Douglas L. Ball, CPA 2006 - 2011

Certification Committee
B.J. Morley, CPA 2006 - 2011

CPE Committee
Eric S. Young, CPA 2006 - 2011
Laura F. Ward, CPA 2008 - 2011
various board and committee members receiving awards for service
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 Changes to the Uniform CPA Examination (November 2010)
  Beginning January 2011, the examination partners Prometric, American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) will launch the latest Uniform CPA Exam update which includes a time change for the audit (AUD) and business and environment concepts (BEC) exam sections. Additionally, there will be a commensurate fee change effective December 4, 2010 but the overall cost of the Uniform CPA Exam essentially remains unchanged.

AUD will shorten by half hour (4.5 hours to 4 hours)
BEC will lengthen by half hour (2.5 hours to 3 hours)


 Exam Section
Current Fee 
Structure 
Fee Structure 
Effective 12/4/10 
 Auditing and Attestation (AUD) $218.17  $207.15 
 Business Environment and Concepts (BEC) $174.07  $185.10 
 Financial Accounting and Reporting (FAR) $207.15  $207.15 
 Regulation (REG) $185.10  $185.10 
 TOTAL $784.49  $784.50 

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 Firms Only Providing Non-disclosure Compilation Services
  The Peer Review Oversight Advisory Committee (PROAC) has published the following Matters for Further Consideration (MFC) list in an attempt to assist firms subject to an Educational Enhancement Review (EER) . The MFC list addresses the most common findings discovered by PROAC during the EER and is broken down into four categories: Reporting, Presentation, Scope and SSARS No. 8.

Matters for Further Consideration (MFC) list

The Firms tab, Peer Review page has more on firms providing non-disclosure compilation services.

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 Uniform CPA Examination Fee Changes (August 2010)
  Effective August 21, 2010, fees for each section of the Uniform CPA Exam computerized based training content areas paid by candidates to the National Association of State Boards of Accountancy (NASBA) have been reduced and are as follows:
  • Auditing and Attestation - $218.17
  • Financial Accounting and Reporting - $207.15
  • Regulation - $185.10
  • Business Environment and Concepts - $174.07
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 Board and Advisory Committee Members Honored (August 2010)
  At its Annual Meeting, the following Board and Advisory Committee members were recognized for their service to the Arizona State Board of Accountancy and to the CPA profession. Board members have a five year term limit but what is remarkable is the fact that seven of the eight advisory committee members honored have committed to serve an additional five year term. In fact, several members have already served ten years and continue to offer their service. This speaks volumes about the dedication of these individuals in supporting the public protection mission of the Arizona State Board of Accountancy and their devotion to maintaining the credibility and integrity of the CPA profession.

Board
Samuel L. Fogleman, CPA 2005 - 2010

Auditing and Accounting Advisory Committee
Julia A. Bradbury, CPA 2005 - 2010
James C. Sell, CPA 2000 - 2010
Steven L. Tait, CPA 2000 - 2010
Scott T. Wallace, CPA 2000 - 2010

Certification Committee
Debra A. Hunter, CPA 2005 - 2010
Darlene A. Richardson, CPA 2002 - 2010

Law Review
Michael F. Magnan, CPA 2005 - 2010
Loretta Peto, CPA 2005 - 2010
various board and committee members receiving awards for service
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 New Website Launched (September 2009)
  The Arizona Board of Accountancy would like to welcome you to its new website. Among other things, we have given it an updated look and feel, reorganized material by constituent group, updated content, and developed frequently asked questions to make it easier to find the things you need. We hope that you find this new website to be transparent, user friendly, and improve your experience with the Board and its staff. The goal of this new website is to serve you better so we welcome any suggestions for improvement. Please send your ideas, comments, or suggestions to Info@AZAccountancy.gov . Thank you. top
     
 Board and Advisory Committee Members Honored (August 2009)
  At its Annual Meeting, the following Board and Advisory Committee members were recognized for their service to the Arizona State Board of Accountancy and to the CPA profession. Board members have a five year term limit but what is remarkable is the fact that nine of the eleven advisory committee members honored have committed to serve an additional five year term. In fact, one member has already served fifteen years and continues to offer his service. This speaks volumes about the dedication of these individuals in supporting the public protection mission of the Arizona State Board of Accountancy and their devotion to maintaining the credibility and integrity of the CPA profession.

Board
Marianne E. DeVries, CPA 2004 - 2009
James E. May 2004 - 2009
Patrick J. Ramirez 2004 - 2009

Tax Practice Committee
Robert H. Berberian, CPA 1994 - 2009
Carleen E. Shilling, CPA 2004 - 2009

Peer Review Oversight Advisory Committee
Julie P. Cauich, CPA 2004 - 2009
Eve Devolites, CPA 2004 - 2009
William C. Heimerdinger, CPA 2004 - 2009
Gary J. Wood, CPA 2004 - 2009

Law Review
William Baker, Esq. 2004 - 2009
Michael T. Daggett, CPA 2004 - 2009
Gary L. Freed, CPA 2004 - 2009
Anne Roediger, CPA 2004 - 2009
James M. Susa, Esq., CPA 1999 - 2009
various board and committee members receiving awards for service
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 Exam Results (July 2009)
  The Arizona State Board of Accountancy is pleased to announce that grade results for the Uniform CPA Examination will be sent to examination candidates via email versus regular mail. This change will provide more timely information to examination candidates and create operational efficiencies and cost savings for the Board’s office. top  
     
 New CPE Requirements (January 2009)
  Effective January 1, 2009 all holders of an Arizona CPA certificate are required every renewal period to complete 80 hours of CPE, regardless of whether employment is in public accounting, industry, business or government. Of the 80 hours of CPE, the following is required:
  • A minimum of 16 hours of classroom or live/interactive webinar
  • A minimum of 40 hours must be in accounting, auditing, taxation, business law, or consulting services of which a minimum of 16 hours must be in the subject areas of accounting, auditing, or taxation.
For more information about CPE, please see CPE Frequently Asked Questions.
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