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ABO recap: Exam enrollment decline not as steep as expected

Written on Dec 10, 2020

By Laura Hay, CPA, CAE, OSCPA executive vice president 

OSCPA represents the CPA profession at each meeting of the Accountancy Board of Ohio, the State of Ohio government entity charged with licensing, regulating and – when necessary – disciplining CPAs. Here are highlights from the Dec. 7 ABO meeting and annual retreat: 

The ABO reviewed proposed rule changes, to be further discussed at the February meeting, including: 

  • A revised timeframe to return client records upon request from 30 to 45 days, consistent with the AICPA Code of Professional Conduct. 
  • Clarifies that for group live CPE, one fifty-minute period must elapse before partial credits may be awarded. 
  • Specifies course subjects eligible for education assistance funds, including accounting, business, data analytics and information technology. 

Guest Barb Benton, CAE, OSCPA VP of government relations, provided an update on House Bill 442, which would provide the option for students to sit for the CPA exam in Ohio with 120 hours of education (150 hours would still be required for CPA licensure). 

4.8 CPE credits had been awarded to Ohio CPAs volunteering as poll workers for the most recent election. The ABO approved 5 credits for future elections and applauded all of the Ohio CPAs who provided this important civic support this year. 

Dan Dustin, Ken Bishop, and Tom Kenny from NASBA joined the meeting. Items discussed included: 

  • CPA exam parts taken had declined during the pandemic, but not as great a decline as expected. 
  • NASBA was exploring procedures for remote CPA examination administration for future emergencies, and in recognition of changes in the future of testing more broadly. Considerations included the availability of broadband services. 
  • International examination delivery had been expanded during the pandemic.
  • The CPA Evolution transition task force was developing preliminary models of curriculum, anticipated by late Spring or early Summer 2021.
  • Extensions of peer review deadlines were expected to result in Winter work compression for peer reviewers and the volunteers who administer the program.
  • Ken Bishop shared insight on NASBA’s response to the AICPA PEEC staff augmentation exposure draft. 

A disciplinary hearing was held for late registration renewal and failing to provide support for 120 credits in a CPE audit verification. The CPA’s certificate was revoked, but the revocation was stayed pending payment of a fine of $250, and completion of a 3-credit Ohio-specific course in professional standards and responsibilities. 

A disciplinary hearing was held for a felony conviction. The CPA’s certificate was revoked, but the revocation was stayed pending payment of a fine of $500, and completion of a 3-credit Ohio-specific course in professional standards and responsibilities. 

A disciplinary hearing was held for failure to renew a CPA certificate and firm registration. The CPA certificate and firm registration were revoked.