News

The Radford University Department of Accounting, Finance and Business Law and the Davis College of Business and Economics are hosting the VBOA’s next Board meeting on Tuesday, Nov. 30, 2021. The meeting will be held on Radford’s campus in Kyle Hall, Room 340.

Radford students, faculty and staff are invited and encouraged to attend the public meeting to learn more about how the VBOA conducts business related to CPAs and the accounting industry. The meeting begins at 10 a.m. and runs throughout the day. Attend all or some of the meeting as your schedule permits.

For more information, contact Kelli Anderson at kelli.anderson@boa.virginia.gov or view the meeting agenda at www.boa.virginia.gov/BoardMeetings/index.shtml.

The Virginia Board of Accountancy’s newsletter, Accrued Interest, is now available online. The summer 2021 issue is filled with news and updates from the last few months. Articles include information tailored to individual licensees, firms and CPA exam candidates.

The summer issue includes information celebrating the centennial of the first Black CPA, a former Chair being honored, Inactive status requirements, and much more.

The newsletter remains one of the VBOA’s central sources of communicating to the accounting professionals. The VBOA distributes Accrued Interest twice each year, in January and in July.

Contact Kelli Anderson, VBOA Communications Manager, at kelli.anderson@boa.virginia.gov or at (804) 367-1586 with any comments and suggestions.

Also, please do not forget to look back at the VBOA’s previous newsletters.

The Virginia Board of Accountancy’s newsletter, Accrued Interest, is now available online. The winter 2021 issue is filled with news and updates from the last few months. Articles include information tailored to individual licensees, firms and CPA exam candidates.

The winter issue includes information on new ethics course options in 2021, license renewals, the AICPA launching the cpa.com domain and much more.

The newsletter remains one of the VBOA’s central sources of communicating to licensees and exam candidates. The VBOA distributes Accrued Interest twice each year, in January and in July.

Contact Kelli Anderson, VBOA Communications Manager, at kelli.anderson@boa.virginia.gov or at (804) 367-1586 with any comments and suggestions.

Also, please don’t forget to take a look back at the VBOA’s previous newsletters.

The 2021 VBOA-approved ethics course provider application is now available online.

The VBOA will approve all providers and courses ahead of time and it will be the CPAs responsibility to choose an ethics course from a VBOA-approved provider starting on Feb. 1, 2021.

Providers and CPAs can review the frequently asked questions about the new ethics format along with questions about the application process for new providers.

Board members voted on May 21, 2020, to provide more options to the Virginia-Specific Ethics Course beginning Feb. 1, 2021.

The two-hour annual requirement will remain the same. All licensees (excluding those approved for the Inactive status) will still complete a VBOA-approved ethics course that complies with VBOA regulation 18VAC5-22-90. 

Every VBOA-approved ethics course will now include the VBOA Segment. The VBOA Segment will be a video covering one or more topics the VBOA has determined should be covered in every VBOA-approved ethics course. The VBOA Segment will include timely regulatory and/or policy changes, as necessary

The VBOA will approve all providers and courses ahead of time and it will be the CPAs responsibility to choose an ethics course from a VBOA-approved provider.

This revised format appeals to CPAs in different types of practices and industries and is consistent with what other state boards of accountancy offer.

Currently, there is only one Virginia-Specific Ethics Course offered each year and all CPAs are required to take the same course.

More information will be available later this year.

Gov. Ralph Northam appointed Jay Bernas, of Virginia Beach, as the newest Board member of the Virginia Board of Accountancy.

Bernas was appointed as the Public Board Member and serves as the Chief Financial Officer and Treasurer at HRSD. HRSD serves 20% of Virginians by ensuring future generations inherit clean waterways.

He handles all finance and budget activities while integrating his engineering expertise with financial modeling and analysis.

Bernas began his four-year term on July 1, 2020, and succeeded previous Board member Matthew Bosher.

The Virginia Board of Accountancy’s newsletter, Accrued Interest, is now available online. The summer 2020 issue is filled with news and updates from the last few months. Articles include information tailored to individual licensees, firms and CPA exam candidates.

The summer issue includes information on the newest Board members, changes coming to the 2021 Virginia-Specific Ethics Course, impacts of COVID-19 on the profession, the launch of CPA exam continuous testing and much more.

The newsletter remains one of the VBOA’s central sources of communicating to licensees and exam candidates. The VBOA distributes Accrued Interest twice each year, in January and in July.

Contact Kelli Anderson, VBOA Communications Manager, at kelli.anderson@boa.virginia.gov or at (804) 367-1586 with any comments and suggestions.

Also, please don’t forget to take a look back at the VBOA’s previous newsletters.

Gov. Ralph Northam appointed Wendy Pace Lewis, CPA, as the newest Board member of the Virginia Board of Accountancy. Lewis, of Hanover, is a Partner at KPMG.

Lewis begins her four-year term on July 1, 2020, and will succeed current Board member Stephanie Saunders, CPA.

Gov. Northam also announced Laurie Warwick, CPA, Managing Director of Ernst & Young in McLean, as reappointed for a second term on the VBOA that begins on July 1.

The VBOA is monitoring the ongoing COVID-19 situation and is committed to maintaining operations to the public, our exam candidates, licensees and firms.

The VBOA will provide the latest updates and any changes over the next few months.

The VBOA will accept any course taken as Pass/Fail as long as the student receives earned semester hours for the successful completion of the course. The completed course must be on an official transcript from an appropriately accredited university, college or community college.     

Other educational requirements can be found at https://boa.virginia.gov/cpa-exam/requirements/.