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News and Announcements Category: Accountancy

  • December 29, 2023 - Beneficial Ownership Information FinCEN

    There has been much discussion about the new Beneficial Ownership Information (BOI) reporting required by the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and where CPAs fit into the process. The BOI reporting requirement, mandated by the Corporate Transparency Act (CTA) of 2021, requires corporations, limited liability corporations, and other entities formed under state […]

  • November 8, 2023 - Idaho Board approves Credit Relief Initiative Recommendation

    Terrific news, in response to significant health, economic, education, and travel disruptions resulting in CPA Examination candidate hardships – coupled with anticipated negative impacts associated with the launch of a new Uniform CPA Exam on Jan. 1, 2024, the Idaho State Board of Accountancy at its’ October 19, 2023 meeting voted to consider individual candidate […]

  • July 24, 2023 - IMPORTANT NOTICE CPA EXAMINATION UPDATES

    The Uniform CPA Examination will change effective January 2024. Idaho CPA Exam Candidates are encouraged to carefully read the information below. These timelines and dates are not finalized and are subject to change, although the dates presented will be close enough for planning purposes.  Information will continue to be updated on the Board’s website:  dopl.idaho.gov/boa/ […]

  • June 5, 2023 - NASBA/AIPCA Looking for Interested Parties to set the CPA Passing Scores

    NASBA/AIPCA Looking for Interested Parties to set the CPA Passing Scores.  With the release of the 2024 Exam, changes in content, format and structure will be introduced. These changes will require new passing scores to be established. The process to do so will include convening six panels of CPAs – one for each Exam section […]

  • May 2, 2023 - CPA Exam Credit(s) at Launch of New Exam on January 1, 2024

    Reminder: Upon the launch of the new CPA Examination in January 2024, it is anticipated some candidates with conditional credit may possibly be negatively impacted by limited opportunities to test and delays in score reporting.  The Idaho State Board of Accountancy have adopted the following recommendation from the NASBA CBT Administration Committee and Executive Director’s […]

  • April 28, 2023 - Update on NASBA Announcement regarding UAA & Exam Credit Extensions

    “The UAA Model Rules have no immediate effect on state board rules. As the membership organization of the 55 U.S. Boards of Accountancy, NASBA, through its Uniform Accountancy Act Committee, provides the Model Rules as recommendations to boards for adoption whereby uniform adoption is encouraged. As such, each individual board may consider the amendment to the […]