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State of maryland board of public accountancy


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STATE OF MARYLAND

BOARD OF PUBLIC ACCOUNTANCY
September 11, 2012

LOCATION: 500 North Calvert Street

Baltimore, Maryland 21202

Third Floor Conference Room

MEMBERS

IN ATTENDANCE: Elizabeth Gantnier

Clifton B. Jeter

Ella Pierce

Naomi Powell

Tim Murphy

Raymond C. Speciale


MEMBERS ABSENT Mac Claxton

DLLR OFFICIALS/STAFF: Dennis L. Gring, Executive Director

Linda L. Rhew, Administrative Officer

Matthew Lawrence, Counsel

Janet Morgan, Outreach Coordinator

Norbert Fenwick, CPA Consultant

Harry Loleas, Commissioner

Michael Vorgetts, Deputy Commissioner
OTHERS PRESENT: Sandy Stenwedel, MSA

Bobby Buchanan, MSA

Douglas Blackstone, Tax Preparers

Mary Beth Halpren, MACPA

Swapna Kalagara

Rajenendra Kalagara


The September 11, 2012 meeting of the Maryland Board of Public Accountancy was called to order at 9:07 AM by Tim Murphy.
Approval of the minutes of the August 7, 2012 meeting was tabled until after the last item on the agenda.
Chairman’s Report

The chair welcomed Commissioner Harry Loleas. Mr. Loleas introduced Michael Vorgetts, the new Deputy Commissioner. The chair asked everyone to remember that the Board’s meeting occurs on the 11th anniversary of 9/11.



Executive Director’s Report
Mr. Gring advised the Board that the process has begun to fill the vacancy on the staff to replace Danyell Chase who accepted a position with the Maryland Department of Budget and Management.
Mr. Gring reported that as of today’s meeting only 60% of the examination scores had been received for the July- August 2012 CPA Examination Window.
CPA Board Minutes

September 11, 2012

Page 2

In EA-0912-01, upon a motion by (I) Mr. Speciale, and seconded by Ms. Powell, the Board determined that the staff would review the examination application again based upon additional information submitted by an applicant during the applicant’s personal appeal. The Board approved the applicant to sit for the CPA Examination. The applicant’s qualification for a license will be determined by the review.



In EA-0912-02, upon a motion (II) by Mr. Speciale, by Ms. Pierce, the Board unanimously denied the application of an applicant for the CPA Examination because the applicant had not completed a three semester course in ethics as is required under COMAR 09.24.05.03 A. (2).
Education Report
Mr. Speciale reported that there was one (1) regular reciprocal and five (5) transfer of grade license applications approved during the period August 7, 2012 to September 10, 2012.
There was one (1) regular reciprocal and one (1) transfer of grades license application denials as follows:
Application RD 0912-01 was denied because the applicant did not document the completion of three (3) semester credit hours in ethics, as is required under Code of Maryland Regulations COMAR 09.24.05.03 A.
Application TOG 0912-01 was denied because the applicant did not document the completion of two (2) semester hours in ethics, as is required under Code of Maryland Regulations COMAR 09.24.05.03 A.

Upon a motion (III) by Ms. Powell, and seconded by Ms. Pierce, the Board unanimously approved the Education Report.


Experience Report
Ms. Pierce presented the Experience Report. There were ten (10) 4/10 application approvals and twenty-seven (27) Maryland candidate experience approvals during the period August 7, 2012 to September 10, 2012.
Upon a motion (IV) by Mr. Jeter, and seconded by Ms. Powell, the Board unanimously approved the Experience Report.
Firm Permit Report
There was no Firm Permit Report.
Upon a motion (V) by Ms. Powell, and seconded by Mr. Jeter, the Board unanimously approved the Firm Permit Report.
Peer Review Committee Report
There was no Peer Review Committee Report.
CPA Board Minutes

September 11, 2012

Page 3
Upon a motion (VI) by Ms. Powell, and seconded by Mr. Jeter, the Board unanimously approved the Firm Permit Report.
Old Business
The Board discussed the matter of the conversion of quarter hours to semester hours when evaluating the educational credentials of examination and license applicants. The Board requested Mr. Gring to conduct a further evaluation of this matter and report back to the Board by the October business meeting.
New Business
The Board discussed the matter of Foreign Evaluation Services that issue reports that award an individual with credit for high school education and do not distinguish between high school and college level education. The Board reiterated its policy that an evaluation must explicitly indicate that education earned while in high school met the requirement for equivalency to college level education.

Upon a motion (VII) by Ms. Gantnier, and seconded by Ms. Powell, the Board unanimously approved the request of Andrea Moses for an extension of her Notice To Schedule until November 30, 2012.


The Board discussed the matter of Lanier Tech School (Lanier), a non-accredited institution, has entered into an agreement with Gainesville College, a college with accreditation, to transfer courses completed at Lanier. According to Gainesville College, credits earned at Lanier, and accepted, would be listed as a total and not listed course by course. The Board reiterated its policy that only each individual course that appears on a transcript of an accredited institution is acceptable.
The Board discussed the period of time subject to audit of continuing professional education claimed by a licensee in a license renewal application. The Board reaffirmed that the period during which continuing professional education hours can be claimed in a license renewal application, and subject to audit, begins on the date a license is issued through the date the license renewal application is submitted to the Board. Any continuing professional education hours earned after the date the license renewal application is applicable only to the subsequent renewal application.
Upon a motion (VIII) by Ms. Pierce, and seconded by Ms. Gantnier, the Board recessed at 10:37 am and reconvened at 10:50 am
Executive Session
At 10:51 PM, upon a motion (IX) by Ms. Gantnier, and seconded by Ms. Powell, the Board went into Executive Session in the 3rd Floor Conference Room, 500 N. Calvert Street, Baltimore, Maryland 21202. The purpose of this session was to consult with counsel. This session is permitted to be closed pursuant to State Government Title Section 10-508(a), (7).

It returned to the regular business meeting at 11:10 AM upon a motion (X) by Ms. Pierce, and seconded by Mr. Jeter.

CPA Board Minutes

September 11, 2012



Page 4

Mr. Jeter presented the Complaint Committee Report. The Board received five (5) new complaints during the period August 6, 2012 through September 10, 2012. The Complaint Committee closed the following (2) complaints: CPAS 13-0002 and CPAS 13-0003.


Upon a motion (XI) by Ms. Gantnier and seconded by Mr. Jeter, the Board unanimously accepted the Complaint Committee report.
In EX-A0912, upon a motion (XII) by Ms. Gantnier, and seconded by Ms. Pierce, the Board unanimously approved the request of a license for an extension to complete the continuing professional education requirements for an upcoming license renewal.
In EX-B0912, Mr. Lawrence advised that the issue reported did not require Board action.
In EX-C0912, upon a motion (XIII) by Ms. Gantnier, and seconded by Mr. Speciale, the Board unanimously approved the reciprocal license application of an individual who answered “Yes” to a conduct question on the application.
Upon a motion (XIV) by Ms. Gantnier and seconded by Mr. Speciale the Board unanimously approved the minute of the August 7, 2012 meeting with corrections.
Upon a motion (XV) by Ms. Pierce, and seconded by Mr. Jeter and seconded by Ms. Powell, the meeting adjourned at 11:15 AM.


NEXT MEETING
Tuesday, October 2, 2012, 500 North Calvert Street, Third Floor, 9:00 AM

__ ___ With corrections ______ Without corrections

_______________________________________ ____________________ Chairman Date


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