The National Association of State Boards of Accountancy (NASBA) has proposed revisions to the Uniform Accountancy Act (UAA) Model Rules. The AICPA has already approved CPA Evolution and thus changes are now needed to the UAA.
The proposed revisions make changes to the educational requirements for sitting for the CPA Exam. Changes include a focus on professional skepticism as well as data analytics.
The goal is to encourage uniformity between states for licensure.
https://nasba.org/app/uploads/2020/05/UAA-May-Draft-Web.pdf
Comments are due Aug. 31, 2020. Send any recommendations to the UAA Committee via uaacomments@nasba.org.
- What questions do you have? Send your questions to melisa@galassolearningsolutions.com
- Tune in to the Galasso Learning Solutions SCACPA YouTube playlist here
- You can also click and subscribe to the SCACPA YouTube channel here
SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members. Melisa was a speaker on audit topics at SCACPA’s 2020 Virtual Spring Splash accounting conferences. She also takes part in many SCACPA seminars and rebroadcasts.
With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.
Read the latest Melisa Galasso A&A Interview: Private Company Council Member Jeremy Dillard and Standard-Setting Advocacy
