Various rule changes are being advanced by the Accountancy Board, including:
· making the CPE requirements the same for public and private CPAs, starting with the 3-year period that ends June 2022
· including ethics content
· allowing some level of work when in retired status, and specify an age of 60, and requiring use of the term “retired”
· raising fee authorizations, but with no actual fee increases included
Details about the rules, hearings, sharing comments, etc. are available at www.nd.gov/ndsba, or 800-532-5904.
There are various steps in the rule change process, including the public hearings held in Grand Forks and Bismarck. Attendance was light at the hearings, but the Society submitted a letter addressing member sentiments.
The next step in the process is approval by the Attorney General (AG), after which materials go to the Legislative Council. The Administrative Rules Committee will address the changes in a future meeting, at which the Board of Accountancy will be on hand to respond to inquiries, and the public may also share comments. The rules aren’t yet on an agenda, but the Rule Committee schedule is found at CLICK.