These are some of the Florida requirements to take the CPA exam: 1. You must have successfully completed a minimum of 120 semester hours of college credit as determined by the Florida Board of Accountancy, and you must have at least a bachelor’s degree or its international equivalent. 2. You must have completed 24 semester hours of upper division business courses, 24 semester […]
Tag Archives: CPA license in Florida
19
Dec
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 […]
10
Sep
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 […]
22
Aug
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% […]
14
Aug
A New Auditor’s Reporting Model is Being Considered by PCAOB
The PCAOB, Public Company Accounting Oversight Board, met August 13th., 2013, to consider proposing a new auditor’s reporting model as well as new auditor’s responsibilities for other information in an annual report that contains audited financial statements and the auditor’s report, writes Ken Tysiac for the Journal of Accountancy. These contents of the auditor’s report have been the […]
9
Jul
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 […]
10
Jun
What Powers Does the Public Company Accounting Oversight Board (PCAOB) Have?
The PCAOB has authority to investigate and discipline registered public accounting firms and persons associated with those firms for noncompliance with the Sarbanes-Oxley Act of 2002, the rules of the PCAOB and the Securities and Exchange Commission, and other laws, rules, and professional standards governing the audits of public companies, brokers, and dealers. When violations […]
4
Jun
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”) […]
22
May
Independence, Integrity, Etc., for Florida Licensed CPAs
The following information is from Florida Regulations, in the Department of Business and Professional Regulation, Division 61H1 Board of Accountancy: CHAPTER 61H1-21 INDEPENDENCE, INTEGRITY, ETC. 61H1-21.001 Independence 61H1-21.002 Integrity and Objectivity 61H1-21.003 Commissions or Referral Fees 61H1-21.005 Contingent Fees 61H1-21.006 Communication with Client of Another Certified Public Accountant 61H1-21.001 Independence. […]
5
Mar
Florida Licensed CPAs
In the State of Florida, The Uniform CPA Exam, administered by the American Institute of Certified Public Accountants (AICPA) is a prerequisite for earning the CPA certificate in Florida, as well as throughout the rest of the United States and its territories. The Uniform CPA Exam allows state boards of accountancy to determine a CPA […]