OFFICIAL PUBLICATION OF THE NEBRASKA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Pub. 6 2024 Issue 2

State Board Report – Big Changes Coming to NASBA

As many of you know, I have been active in our national regulatory association, known as the National Association of State Boards of Accountancy, or NASBA. This includes stints as chairman of the Executive Directors Committee and the Accountancy Licensing Database (ALD) Task Force and serving on various committees over the years. I count this […]

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Independence Is a Cornerstone of the Auditing Profession

This article was originally published in the March 1, 2024, Nebraska Examiner. The recent controversy in Nebraska, involving an attempt by the Department of Health and Human Services (DHHS) to hire a CPA firm to perform the statewide federal single audit, underscores a critical debate about the role of external auditors in governmental auditing. However,

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President’s Message – Embracing Discomfort to Make Forward Progress

Winning organizations and successful leaders must be able to embrace discomfort. A willingness to step outside our comfort zone helps foster growth and forward progress. The same may be said for the profession. While the skills and competencies needed within the CPA profession advance and the requirements to become a CPA evolve, we all must

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CPA Candidates Approved to Sit at 120 Hours Starting 1/1/2025

On March 11, 2024, Governor Jim Pillen signed LB 854 into law amending the Nebraska Public Accountancy Act after the bill passed in the Nebraska Legislature on a 44-0-5 vote. Commencing on Jan. 1, 2025, Nebraska CPA candidates will be able to sit for the Uniform CPA Examination after completing 120 semester hours (or 180

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