California Board of Accountancy Sponsors AB 298 (Irwin) to Implement its Legislative Priorities for 2021

By Connor Greth AB 298 (Irwin), as introduced on January 25, 2021, is a bill sponsored by the California Board of Accountancy (CBA) that would amend sections 5007, 5070, and 5070.5 of, and add sections 5009.5 and 5093.5 to the Continue reading

OAL Approves California Board of Accountancy’s Peer Review Reporting Regulations

By Connor Greth On December 3, 2020, approved CBA’s proposal to amend section 45, Title 16 of the CCR, to clarify that only accounting firms, as opposed to individual licensees, are required to report peer review information to the Board. Continue reading

California Board of Accountancy Contemplates National Association of State Boards of Accountancy’s Amendments to the Uniform Accountancy Act Model Rules

By Connor Greth At its July 23, 2020 meeting, [Agenda Item I.I], the California Board of Accountancy (CBA) considered the National Association of State Boards of Accountancy’s (NASBA) “exposure draft” of proposed amendments to the Uniform Accountancy Act (UAA) Model Continue reading

AB 1525, Providing Financial Services to the Cannabis Industry, Signed into Law

By Connor Greth AB 1525 (Jones-Sawyer), as amended August 21, 2020, adds Chapter 24 (commencing with section 26260) to Division 10 of the Business and Professions Code to establish a safe harbor under California law for financial institutions and accountants Continue reading

California Board of Accountancy Proposes Regulations to Implement AB 2138 and Amend its Disciplinary Guidelines

By Connor Greth On May 8, 2020, the California Board of Accountancy (CBA) published notice of its intent to amend sections 98, 99, 99.1, and 99.2, Title 16 of the California Code of Regulations (CCR) relating to the denial, suspension, Continue reading

Office of Administrative Law Approves California Board of Accountancy’s Updated Regulations to Comply with AB 1521 (Low)

By Thomas Burke On January 23, 2020, the Office of Administrative Law (OAL) approved the California Board of Accountancy’s proposed nonsubstantive changes to sections 15.1, 16, 19, and 20, Title 16 of the CCR, in light of the recent passage Continue reading

California Board of Accountancy Implements AB 1521- New Licensing Fees, Email Requirements, and UPDATE Newsletter Availability

By Thomas Burke AB 1521 (Low) (Chapter 359, Statutes of 2019), now effective as of January 1, 2020, imposes a series of reforms on the California Board of Accountancy’s (CBA) licensees and applicants for licensure. The Board’s website alerts applicants, Continue reading