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ABO notes: New officers announced

Written on May 1, 2020
 By Laura Hay, CPA, CAE, OSCPA executive vice president

Oct. 18 was College Day for the Accountancy Board of Ohio, with students from multiple universities in attendance to learn more about the importance of the work of the profession. Guest speakers included Patricia Hartman, Director of Client Services with the National Association of State Boards of Accountancy, who discussed the evolution of the CPA exam and path to the credential.

Greta Russell, past ABO Chair, talked to the students about the Board’s scholarship programs and sponsorship of minority student programs. David Williams, Ph.D., MBA, associate professor of accounting & management information systems at The Ohio State University Max M. Fisher College of Business reviewed how data analytics was being integrated in the accounting curriculum, addressing the use of big data and data visualization.

The ABO announced its incoming officers who would be assuming their roles in December, including Maggie Gilmore, CPA, CGMA, MT, as chair, Kenya Watts, CPA, as vice chair, and Jim Redmond, CPA, as secretary.

The ABO conducted four formal hearings:

  • A firm registration was revoked for failing to meet the requirements for attest firm registration renewal.
  • A firm in peer review non-compliance was ordered to convert to a non-attest firm, and refrain from any engagements that would result in the issuance of a report under CPA professional standards.
  • A CPA did not provide sufficient evidence for a CPE audit. The CPA’s certificate was revoked, but that revocation was stayed pending the payment of a fine and providing evidence of subsequently completing the CPE.
  • A CPA whose certificate was revoked for conviction of a felony applied for reinstatement after fulfilling the terms of the sentence. The CPA’s certificate was reinstated with a fine assessed.

The ABO voted to continue its support of the Accounting Careers Awareness Program, an OSCPA program conducted with NABA that introduces minority high school students to careers in business and accounting, and to the importance of the CPA.

Some administrative rule changes were discussed that would be introduced in December.

The next meeting of the ABO is scheduled for Dec. 2-3.