California Board of Accountancy Releases Fiscal Year 23–24 Annual Report

By Lam, Shun Fung In 2024, the California Board of Accountancy (CBA) published its Fiscal Year 2023–2024 Annual Report. The report includes messages from the executive officer and updates on CBA’s budget and expenditures. CBA’s current outreach and communication efforts, Continue reading

Governor Newsom Signs AB 3251 (Berman) to Extend CBA’s Regulatory Authority and Update Certain Licensing Standards

By Yi Zhou AB 3251 (Berman) (Chapter 586, Statutes of 2024), as amended June 25, 2024, extends the California Board of Accountancy’s (CBA) regulatory authority to January 1, 2029, allowing CBA to continue its oversight of the Certified Public Accountant Continue reading

OAL Approves Board of Accountancy Regulatory Amendment to Discontinue CPA Professional Ethics Exam

By Yi Zhou On May 28, 2024, the Office of Administrative Law approved an Order of Adoption for amendments to sections 10, 10.1, and 87.1 of Title 16 of the California Code of Regulations (“CCR”). These amendments discontinue the requirement Continue reading

California Board of Accountancy Takes Oppose Unless Amended Position on AB 646 Relating to Disclosures of Expunged Convictions

By Frannie Winters AB 646 (Low), as amended January 24, 2022, is a two-year bill that would add section 493.5 to the Business and Professions Code to require a licensing board under the Department of Consumer Affairs (DCA), including the Continue reading

Board of Accountancy Finalizes Rulemaking Package Regarding the Definition of Satisfactory Evidence of Educational Requirements

By Frannie Winters At its January 21, 2022, meeting [Agenda item XI.A.], the California Board of Accountancy (CBA) considered the public comments received regarding its proposed amendments to section 2.8, Title 16 of the CCR to streamline the Board’s process Continue reading

California Board of Accountancy Sponsored Bill, AB 298 (Irwin) Becomes Law

By Frannie Winters AB 298 (Irwin), as amended June 17, 2021, amends sections 5007, 5070, 5070.5, and 5094.3 of, and add sections 5009.5 and 5093.5 to, the Business and Professions Code to implement the California Board of Accountancy’s (CBA or Continue reading

Board of Accountancy Proposes Rulemaking Regarding the Sale, Transfer, or Discontinuance of a Licensee’s Practice

By Frannie Winters On July 30, 2021, the California Board of Accountancy (CBA) published notice of its intent to add sections 54.3 and 54.4, Title 16 of the CCR to protect client confidentiality in the sale, transfer, or discontinuance of Continue reading