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PROC notes AB 1175 signing, discusses continuing-education overhaul and AICPA quality-management standards
Summary
At its Dec. 12 meeting, the California Board of Accountancy’s peer review oversight committee reviewed recent CBA actions including Assembly Bill 1175 (signed Oct. 3), discussed a potential 80-hour continuing-education requirement, and heard that new AICPA quality management standards are now in effect.
The California Board of Accountancy’s Peer Review Oversight Committee (PROC) on Dec. 12 reviewed recent board activity and regulatory developments, noting the passage of Assembly Bill 1175 and raising questions about continuing-education requirements and new professional standards.
CBA license-renewal manager Sarah Benedekt summarized the board’s September and November meetings, telling the PROC that “the bill was subsequently signed by the governor on October 3” in reference to Assembly Bill 1175 and that the board has approved proposed regulations and the initiation of rulemaking to implement AB 1175’s provisions.…
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