News

This month’s update includes an information from this month’s Board of Accountancy meeting, legislation impacting the State Board of Accountancy and a rule change, Department of Revenue Director confirmation, income tax conformity legislation, the adjournment of Arizona legislature, political fundraisers and a PAC update.

The world’s economic outlook, political environment, and social atmosphere are much different today than they were just a few weeks ago. Inevitably, some of these changes will take longer to overcome and others may never be the same. While no one could have clearly predicted a deadly virus outbreak, signs for an upcoming economic plateau, or even another recession, were inevitably on the horizon, even before coronavirus. Whether it’s the recent Great Recession, the early 2000s dot-com boom and subsequent bust, the Great Depression of the 1930s, or even a global pandemic such as COVID-19, successful companies should understand the imperative need to prepare for the worst and plan for the best.

On March 26, Governor Ducey issued Executive Order 2020-17, which requires non-medical licensing boards to defer renewals for licenses expiring between March 1 and September 1, 2020, unless the requirements can be completed online. The executive order also includes language regarding continuing education deferral and suspension of rules limiting online or alternative learning.

This month’s update includes information about legislation affecting the State Board of Accountancy, tax legislation that was passed, information on the Fiscal State of the Nation resolution, an update from the State Board of Accountancy meeting and a message of gratitude.

Arizona Senator Kyrsten Sinema introduced the Fiscal State of the Nation Resolution, which requires the Comptroller General to present the U.S. Financial Report to a joint hearing of the House and Senate Budget Committees.

This month’s update includes information about Arizona’s legislative session, recent political fundraisers, an Internal Revenue Service meeting, a legislative and Accountancy Board presentation at the Society’s Accounting & Assurance Conference and an update from this month’s Accountancy Board meeting.

This month’s update includes information about legislative update presentations, practitioner feedback on the Taxpayer First Act, a thank you to Congressman David Schweikert, letters in support of conformity in 2020, political fundraisers and an update from the Accountancy Board meeting.

This month’s update includes information about an Arizona Capitol Times award, changes to our Tax Legislation Committee members, an update from the Accountancy Board meeting, political fundraiser details, a possible peer-to-peer car-sharing app regulation and a reminder of this month’s CPE license renewal deadline.

This month's letter talks about the new ASCPA logo and what the "starburst" signifies, as well as the new changes in the House of Representative's surroundings.

This month’s update includes information about a meeting with the Arizona Department of Revenue and an announcement on their new director, political fundraisers, the Society’s outreach to Congressional representatives and an update from last month’s Accountancy Board meeting.