News, Legislative Update

Legislative and Accountancy Board Update – July 2019

Published on July 16, 2019

This month’s update includes information about the Society’s outreach to Congress, the first meeting of Treasurer Yee’s Financial Literacy Task Force and an update from last month’s State Board of Accountancy meeting.

Society Outreach to Congress

During the Society’s meetings with Arizona Congressional members and staff on Capitol Hill in May, we asked House Members to consider signing onto a letter prepared to the IRS and Treasury, asking the IRS to consolidate existing units into a new Practitioner Services Division, as part of its Integrated Modernization Business Plan. We asked our Senators to send a letter. In June, we followed up with each of our U.S. Senators and Representatives, encouraging their support.

 First Meeting of Financial Literacy Task Force

Arizona Treasurer Kimberly Yee held the first meeting of her Financial Literacy Task Force this month. Treasurer Yee will chair quarterly meetings of this 15-member group, two of which are ASCPA members – Michael T. Allen, CPA and Curt Krizan, CPA. The State Treasurer’s Financial Literacy Task Force will examine the landscape of financial literacy across Arizona’s communities and identify and explore opportunities for improvement.

Accountancy Board

At the June Accountancy Board meeting, the Board reviewed a substantive policy statement clarification of A.R.S. §32-731(I) related to firm name registration. The Society thanks outgoing Board members Julie S. Klewer, CPA and Gary Freed for serving a five-year term, providing a valuable service to the public. Effective July 2019, new Board officers are:

William C. Heimerdinger, CPAPresident

Giselle C. Alexander, CPA, Secretary

Tiffany Young, CPA, Treasurer

 For additional information on our advocacy activities, please contact Cindie Hubiak or Paul Kern.