WIXLIB

Alabama State Board of Public AccountancyIT’S REGISTRATION TIME!The 2019-2020 Registrationperiod is ongoing. All CPAs, PAs,NLOs and Firms must submit a2019-2020 Registration Form nolater than December 31, 2019.Forms submitted after December31, 2019 are subject to a laterenewal penalty of 100. Formssubmitted after February 29,2020 are subject to a late renewalpenalty of 500. Disciplinaryaction may be taken for anyonewho has not registered beforeMarch 31, 2020.Forms may be submitted onlineby creating a new account inour system, which can be foundon the website, www.asbpa.alabama.gov. If you do not wishto use the online form, paperforms can be printed and mailedwith check or money order to theBoard address. If you have anyquestions regarding registration,please contact the Board office.It’s Registration Time!CPE Rule ChangesNew Board Member SpotlightTop Five ViolationsTop Five Firm IssuesThank You UAB!Online Exam ApplicationsNew FormsDisciplinary ActionsBoard of Accountancy MembersBoard of Accountancy StaffEffective October 1, 2019 the Board approved some significant changes inCPE requirements. The changes are extensive, so please go to the “CPE”drop down of our website to review these CPE changes in their entirety,if you have not already done so. Also, please note the timing of thesechanges. CPE reported on your 2019-2020 Registration Forms are basedon the old CPE Rules. The newly updated Rules will be reflected in the CPEyou are earning now for the fiscal year ending September 30, 2020. Someof the most notable changes are below.1. Addition of 2 hours of Ethics CPE.2. Elimination of the cap on self-study CPE. Yes, this means you can takeall of your hours in self-study, if you so choose.3. New way to calculate CPE credit hours. Please see the chart below!4. Addition of nano-learning as a delivery method.5. CPAs whose principal place of business is in another state may claimCPE by reciprocity if they are actively licensed in the state in whichthe principal place of business is located, and if that state has a CPErequirement. See 30-X-5-.05(5) for full details of this Rule.6. Increase in the cap on behavioral CPE hours from 8 to 12 hours perfiscal year.Register HERE usingour NEW system!ContentsCPE RULE CHANGESCALCULATIONS OF HOURS OF CREDIT CHART11223334566Qualifying CPE ProgramMinimum initial creditthat must be earnedAfter first credit has beenearned, credit may beearned in these incrementsGroupOne (50 minutes)One-fifth or one-halfBlended learningOne (50 minutes)One-fifth or one-halfSelf-studyOne-half (25 minutes)One-fifth or one-halfNano-learningOne-fifth (10 minutes)Not applicable (singlenano-learning program isone-fifth credit)

NEW BOARD MEMBER SPOTLIGHTThe Board extends a warm welcome to its newest Boardmember, Michael Kintz, CPA. Appointed by GovernorKay Ivey and confirmed by the Senate, Michael began hisservice on the Board on October 1, 2019. Michael Kintz is apartner with Wilkins Miller, a Mobile based CPA firm.Michael Kintz brings a great deal of knowledge andexperience to the Board. Michael earned a bachelor’sdegree of science in business administration with aconcentration in accounting and a minor in computerinformation systems from Spring Hill College.Michael joined Wilkins Miller in 1989, and he currently workswith clients in the attest and assurance areas. Michael hasbeen the Director of the Accounting and Auditing Group forthe firm for 20 years and is responsible for the quality controlof the A&A practice, including the oversight of the PeerReview function and elevation of continuing education forstaff. He has also participated in peer reviews of other firms.Michael’s industry experience includes professional servicefirms, employee benefit plans, non-profit organizations,dealerships, municipalities and governmental agencies, andtechnology companies.Michael is a member of the Association of InternationalCertified Public Accountants(AICPA), AICPA EmployeeBenefit Plan Audit Quality Center,Governmental Audit Quality Center,and Not-for-Profit Section, as wellas the Alabama Society of CertifiedPublic Accountants. Prior to joiningthe Board, Michael has also servedon the City of Mobile Citizen’sBudget and Finance AdvisoryCouncil and the National AlumniAssociation of Spring Hill College.Michael KintzOver his career Michael has been involved in various nonprofit and community initiatives, including: Big BrothersBig Sisters, the United Way Allocation Committee, JuniorAchievement of Mobile, Goodwill Easter Seals, CorpusChristi School, Legatus, Catholic Social Services, DowntownRotary Club of Mobile and Kiwanis of Mobile.In his spare time, Michael enjoys spending time withhis family, playing basketball, racquetball and golf, andtraveling. Michael is married to Shay, a homemaker, and theyhave two grown children: Jeffrey (25) is a CPA in Nashville,and Rachel (23) is a K-3 teacher at UMS-Wright in Mobile.TOP FIVE VIOLATIONS NOTED BY BOARD1. Practicing public accountancy with a license status ofinactive or retired.a. The practice of public accountancy includes thecompletion of audits, review and compilationsand includes but is not limited to, kinds ofservices involving the use of accounting orauditing skills, including issuance of reports onfinancial statements or of one or more kindsof management advisory, financial advisory orconsulting services, or the preparation of taxreturns or the furnishing of advice on tax matters.2. Licensees practicing public accountancy without afirm permit.a. A licensee, if practicing public accountancy, mustpractice under a firm with a firm permit even ifthe licensee operates as a sole practitioner.23. Licensees completing a financial statement based onrequirements of the Alabama State Licensing Boardfor General Contractors (ASLBGC) and not enrollingin the Peer Review program. The ASLBGC onlyaccepts the forms completed from an Audit, Reviewor Compilation. These reports are all subject to PeerReview.4. CPAs that are located in Alabama practicing publicaccountancy or holding out as a CPA withoutobtaining a reciprocal Alabama certificate within 24months of arriving in Alabama.5. Inability to document reported CPE hours in a CPEaudit.Please contact Anna Baker at anna.baker@asbpa.alabama.govfor questions regarding the process.Alabama State Board of Public AccountancyAlabama State Board of Public Accountancy 770 Washington Ave, Ste 226 Montgomery, AL 36104-3807Tel: 334-242-5700 Fax: 334-242-2711 www.asbpa.alabama.gov

THANK YOU UAB!TOP FIVE FIRM ISSUES1. CPAs and PAs practicing within a firm without anAlabama license. CPAs and PAs working in a firmmust be actively licensed in Alabama. When hiringindividuals to work for a firm, check our website toverify that the individual has acquired an AlabamaCPA license. Out of state CPAs have 24 months tobecome actively licensed in Alabama.2. Mergers and/or structures that are not legal. Beforeyou make changes to the structure or ownership ofyour firm, please contact the Board to ensure yourchanges meet Board requirements.3. Inactive or Retired Employees working within a firm.CPAs and PAs working in a firm must be activelylicensed. When hiring individuals to work for a firm,check our website to verify that the individual has anactive license to practice.4. Completion of Peer Review by the due date. Firmsmust notify the Board the date when it begins issuingreports. A peer review due date will be establishedand will be due 18 months from the date the reportis issued. After the initial peer review is completeda peer review will be required every three years.Documentation of acceptance must be submittedto the Board. Firms who do not complete their peerreview timely are subject to disciplinary action.5. CPAs and PAs practicing in their own name withoutregistering as a firm. CPAs or PAs must registeras a firm if he or she is performing services as oneskilled in the knowledge and practice of PublicAccounting. The complete definition of practicingpublic accounting can be found on the Board’s website at www.asbpa.alabama.gov.3The Board would like to extend a special thank you tothe University of Alabama at Birmingham for hosting theBoard’s September 20, 2019 meeting.ONLINE EXAM APPLICATIONSFOR NEW EXAM CANDIDATESNew exam candidates can now submit an online application to take the CPA exam. This isonly available to new candidates. Current examcandidates who have already applied by using thepaper application must continue to use the paperforms. Please contact Anna Baker by email at anna.baker@asbpa.alabama.gov for questions regardingthe process.NOTE: Board meetings are open to the public. Applicants,candidates,and BoardlicenseesofarePublicencouragedto attend the meetings.AlabamaStateAccountancyAlabama State Board of Public Accountancy 770 Washington Ave, Ste 226 Montgomery, AL 36104-3807Tel: 334-242-5700 Fax: 334-242-2711 www.asbpa.alabama.gov

NEW FORMSThe Board has added several new forms and updatedothers. Most notably, we have implemented two newforms, the Experience Verification form and a CPEApproval Request form. Additionally, changes have beenmade to the Complaints form as well as the CPE CatchUp form. Please use the forms found in these links or bygoing directly to our website for all future requests.UPCOMING BOARD MEETING DATESJanuary 17, 2020Troy University in Troy, ALMay 15, 2020Board office inMontgomery, ALJuly 17, 2020Board office inMontgomery, AL4September 16, 2020Auburn University inAuburn, ALNOTE: Board meetings areopen to the public. Applicants,candidates, and licensees areencouraged to attend.IMPORTANT INFORMATION!The following information must be reported to theBoard within 30 days of a change. Not reportingsuch information has led to missed communicationand even revocation of CPAs and PAs. It is theCPA’s responsibility to notify the Board of:1. Change of address2. Change of employer3. Change of ResidentManager4. Firm Opening orClosingNOTE: Board meetings are open to the public. Applicants,candidates,and BoardlicenseesofarePublicencouragedto attend the meetings.AlabamaStateAccountancyAlabama State Board of Public Accountancy 770 Washington Ave, Ste 226 Montgomery, AL 36104-3807Tel: 334-242-5700 Fax: 334-242-2711 www.asbpa.alabama.gov