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Board reviews NASBA-AICPA licensure pathway and authorizes five-year counsel contracts
Summary
The Board previewed NASBA/AICPA's 'Pathway to CPA Licensure' for candidates with technological expertise, sent materials to state regent colleges and scheduled further discussion for June, and approved five-year general and disciplinary counsel contracts and a delegation allowing the Chair or Vice-Chair to act between meetings.
During the April 27, 2018 meeting, Executive Director Susan L. Somers briefed the Board on a presentation from the NASBA Executive Directors/Legal Counsel Conference about a proposed "Pathway to CPA Licensure" that would create an alternate exam route for candidates with technological and analytic expertise. Ms. Somers said the information had been shared with the six regent colleges and Washburn University and that the topic would be discussed further at the Board's June 15, 2018 meeting with invited professors in attendance.
The Board also received procurement committee recommendations and authorized the Executive Director to sign five-year contracts for legal services: Alderson, Alderson, Weiler, Conklin, Burghart & Crow, LLC as general counsel and Frieden, Unrein & Forbes, LLP as disciplinary counsel, both to expire June 30, 2023. The procurement committee that reviewed RFPs included Mr. Helms, Ms. Somers and a Kansas Department of Administration representative. The Board voted to authorize Ms. Somers to execute the contracts.
Separately, the Board adopted a governance measure authorizing the Chair or Vice-Chair to handle Board matters that require action between regularly scheduled meetings when matters cannot wait; the Board recorded the motion and vote authorizing that delegation and instructed staff to document the process and report actions at the next meeting.
The Board adjourned after completing the agenda.
