Gil Blumenthal, CPA

Email : phxmedi8r@aol.com

New for 2011
Fraud Update for CPAs

Resources for Arizona CPAs

The following links to Arizona government should be checked periodically for changes and updates.

Arizona State Board of Accountancy:

http://www.azaccountancy.gov/

The Board of Accountancy provides assurance to the public that the CPA profession in Arizona operates at the highest level of professional competence through…

  • Verification of education and experience credentials
  • Monitoring the requirements for continuing education
  • Investigation of consumer complaints

We also serve CPA professionals and applicants to the profession by providing complete information and prompt processing of…

  • CPA examination applications
  • Administration of the computer based Uniform CPA Exam
  • Certification and registration of CPAs

The Arizona Revised Statutes Title 32, Chapter 6 (together with the Administrative Code) govern Arizona’s Board of Accountancy.

http://www.azaccountancy.gov/AboutUs/ArizonaRevisedStatutes.aspx

The Arizona Administrative Code – The Arizona Administrative Code (together with the Arizona Revised Statutes) govern Arizona’s Board of Accountancy.

http://www.azaccountancy.gov/AboutUs/ArizonaAdministrativeCode.aspx

New! Firms Only Providing Non-disclosure Compilation Services (October 2010)

The Peer Review Oversight Advisory Committee (PROAC) has published the following Matters for Further Consideration (MFC) list in an attempt to assist firms subject to an Educational Enhancement Review (EER) . The MFC list addresses the most common findings discovered by PROAC during the EER and is broken down into four categories: Reporting, Presentation, Scope and SSARS No. 8.

Matters for Further Consideration (MFC) list

Have a question about peer review?
The Firms tab, Peer Review page on the ASBA website has more on firms providing non-disclosure compilation services plus general information regarding Peer Review. See Peer Review FAQ at  http://www.azaccountancy.gov/Firms/PeerReview.aspx

Important note: There is general uncertainty regarding the relationship between the AICPA Code of Professional conduct and the Arizona Accountancy laws (Statute and Administrative Code). This relationship is addressed in the Administrative Code as follows:

R4-1-455.04. Professional Conduct: Interpretations

Interpretations of the Code of Professional Conduct adopted by the American Institute of Certified Public Accountants shall be persuasive but not conclusive in the Board’s interpretations of R4-1-455 through R4-1-455.03.

The Board recently posted the following information regarding peer review. Peer review is covered in R4-1-454 of the administrative rules.