Monday, December 28, 2009

New CPA Regulations Are Now In Process!

We are pleased to report that after months of development, revised regulations governing CPAs in Virginia have been submitted into the “fast-track” regulatory process by the Virginia Board of Accountancy (BOA).

The VSCPA has issued official comments to Gov. Tim Kaine on the proposal, but you can read a recap of the regulations here.

In our comment letter, it’s clear we fully support the BOA’s proposal, and we’d like the state government to push these through the regulatory process as quickly as possible. Right now, conflicts between the statutes and regulations are confusing to Virginia CPAs and creating a lot of questions about the current rules for practicing public accounting in the Commonwealth.

We take our responsibility to advocate on your behalf very seriously at the VSCPA. Our leaders and staff want to ensure your needs, as a CPA regulant who must follow Virginia law, are adequately represented and spoken for.

If you have any questions about the regulations and the VSCPA’s role in the process, feel free to contact me at or (804) 612-9423. VSCPA Government Affairs Director Emily Walker can also answer your questions at (804) 612-9424.

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