Florida Board of Accountancy Complaints

Are you a licensed Florida Certified Public Accountant who has received a complaint? On the Florida Department of Business and Professional Regulation’s (DBPR) website they say that the professions and businesses regulated by the Florida Department of Business and Professional Regulation and the disciplinary action that may be taken is administrative in nature.  These actions […]


2015 Schedule of Board Meetings for the Florida Division of Certified Public Accounting

The following information was obtained on the Florida’s Department of Business and Professional Regulation’s website under the Florida Division of Certified Public Accounting: June 10th (Wednesday)-9:00 A.M.-PC June 11th (Thursday)-9:00 A.M.-Board Disney Dolphin and Swan Hotel In Conjunction With FICPA Expo July 30th (Thursday)-9:00 A.M.-PC July 31st (Friday)-9:00 A.M.-Board Biltmore Hotel 1200 Anastasia Avenue, Coral […]


Financial Preparers Oppose the PCAOB’s Plan for More Disclosures

The PCAOB’s proposal requiring additional information in the auditors’ report, is facing opposition from the preparers of financial statements, industry organizations and audit committees.  In a recent Journal of Accountancy article,  they reported more than 60 companies posting letters on the PCAOP’s website expressing opposition to the proposed requirements for the auditor to include descriptions of “critical […]


Six Key Risk Factors for Auditors

    In the recent edition of the Journal of Accountancy, the auditing of internal control over financial reporting, is listed as a topic that has received a lot of attention from the PCAOB this year, and is one of the key risk factors for the 2013 audit cycle, according to a new Center for Audit Quality (CAQ) alert. A […]


Changes to Auditor Reporting Standards Proposed by PCAOB

The Public Company Accounting Oversight Board (PCAOB) issued proposed modifications to auditor reporting standards on August 13, 2013. These proposals will follow the process, including concept release issued over two years ago,  discussing possible changes to the standard auditor’s report that would provide more useful information to investors. The two new standards proposed by the PCAOB are: 1. addressing the content […]


PCAOB Calling for Additional Care in Audits of Brokers/Dealers

On the Journal of Accountancy’s website,  Ken Tysiac writes that the PCAOB is urging auditors of broker/dealers to conduct audits with due professional care and skepticism after PCAOB inspectors identified deficiencies in 57 of the 60 audits of broker-dealers reviewed during the final 10 months of 2012. The independent findings were identified in about 8% […]


Obtaining a CPA License in Florida

The following information is from Florida’s Department of Business and Professional Regulation’s (DBPR) website under: Division of Certified Public Accounting. “ORIGINAL LICENSURE CPA Applicants must apply for licensure within three years of  receiving notification from NASBA of passing the last part of the CPA exam. If an applicant does not apply for  licensure within this three […]


Public Company Accounting Oversight Board (PCAOB) on Integrity and Objectivity

The following is from the PCAOB’s website: The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports. The PCAOB also oversees the audits of broker and dealers, including compliance reports filed pursuant […]


Florida CPA (Florida Regulations 61H1-22.001 – Competence)

A certified public accountant shall comply with the following general standards and must justify any departures therefrom: (1) Professional competence. A certified public accountant shall undertake only those engagements which he or his firm can reasonably expect to complete with professional competence. A certified public accountant must be in charge of all public accounting services […]


New Policies from the “Public Company Accounting Oversight Board” (PCAOB)

The following is information released by the Public Company Accounting Oversight Board:  “POLICY STATEMENT REGARDING CREDIT FOR EXTRAORDINARY COOPERATION IN CONNECTION WITH BOARD INVESTIGATIONS PCAOB Release No. 2013-003 April 24, 2013 Summary The Public Company Accounting Oversight Board (“PCAOB” or “Board”) is issuing this policy statement to provide guidance to registered public accounting firms (“firms”) […]