PUBLIC SESSION AGENDA NORTH CAROLINA STATE BOARD OF CPA EXAMINERS

JANUARY 28, 2020 10:00 A.M.

1101 OBERLIN ROAD RALEIGH, NC

I. Administrative Items A. Call to Order

In accordance with North Carolina General Statute 163A-159, it is the duty of every Board member to avoid both conflicts of interest and appearances of conflict. Does any Board member have any known conflict of interest or appearance of conflict with respect to any matters coming before the Board today? If so, please identify the conflict or appearance of conflict and refrain from any undue participation in the particular matter involved. 1. Public Hearing – Chalice Marie Golden, NC CPA No. 39218

B. Welcome and Introduction of Guests C. Approval of Agenda (ACTION) D. Minutes (ACTION)

E. Financial/Budgetary Items 1. Financial Statements for December 2020 (ACTION)

II. Legislative & Rule-Making Items

III. National Organization Items A. CPA Evolution (FYI) IV. State & Local Organization Items A. Succession Planning Task Force (FYI) V. Committee Reports A. Professional Standards (ACTION) B. Professional Education and Applications (ACTION) C. Audit Committee (FYI) D. Personnel Committee (FYI) VI. Executive Staff and Legal Counsel Report

A. Operational Metrics (FYI) B. Executive Staff Report (FYI)

VII. Public Comments VIII. Closed Session IX. Adjournment

PUBLIC SESSION MINUTES North Carolina State Board of CPA Examiners

December 16, 2019 1101 Oberlin Road Raleigh, NC 27605

MEMBERS ATTENDING: Arthur M. Winstead, Jr., CPA, President; Michael S. Massey, CPA, Vice President; Gary R. Massey, CPA, Secretary-Treasurer; Barton W. Baldwin, CPA; Bernita W. Demery, CPA; Wanda B. Taylor, Esq.; and Jennifer Van Zant, Esq.

STAFF ATTENDING: Robert N. Brooks, Executive Director; David R. Nance, CPA, Deputy Director; Frank Trainor, Esq., Staff Attorney; Lisa R. Hearne, Communications Officer; Adriene Hunt, Professional Standards Specialist; Julia Mayo, Professional Standards Assistant; Buck Winslow; Licensing Manager; and Noel L. Allen, Esq., Legal Counsel.

GUESTS: Sharon Bryson, CEO, NCACPA; Shawna Hudson, CPA, NCACPA Board of Directors; L. Samuel Williams, Jr., CPA; Jun B. Chung; Anzor Gachechiladze; Nick Bakatsias, Esq.; Jeff Gordon, CPA; Richard Aprio Kopelman, CPA; and Sgt. J.A. Stokes, Raleigh Police Department.

CALL TO ORDER: President Winstead called the meeting to order at 10:01 a.m.

PUBLIC HEARING: President Winstead called the Public Hearing to order to hear Case No. C2019218 – Jun B. Chung. Mr. Chung was present at the Hearing and was not represented by Legal Counsel. Mr. Chung and Mr. Anzor Gachechiladze were sworn in and presented testimony. Ms. Demery and Mr. G. Massey moved to enter Closed to discuss the case without Executive Staff or Staff Attorney present, but with Noel L. Allen, Esq., Legal Counsel present. Motion passed. Upon re-entering the Hearing, Mr. Baldwin and Ms. Demery moved that Mr. Chung’s application for Modification of Discipline be approved, and the Board entertain his application for reinstatement, provided the Applicant notifies the Board staff before offering or rendering any services subject to peer review. Further provided that, before performing those services, he obtain 1200 minutes of CPE relevant to those services. (Appendix I). Motion passed with seven (7) affirmatives votes and zero (0) negative votes. The Public Hearing is a matter of public record.

MINUTES: The minutes of the November 25, 2019, meeting were approved as submitted.

FINANCIAL AND BUDGETARY ITEMS: The November 2019 financial statements were accepted as submitted.

NATIONAL ORGANIZATION ITEMS: Mr. Winstead and Ms. Taylor moved to approve the draft response to the NASBA Quarterly Regional Directors’ Focus Questions as presented. Motion passed.

STATE AND LOCAL ORGANIZATION ITEMS: Mr. Winstead and Ms. Bryson announced a Joint Task on Succession Planning between the Board and the NCACPA. Mr. Gary Massey, CPA (Chair); Mr. L. Samuel Willims, Jr., CPA; and Ms. Jennifer Van Zant, Esq., will represent the Board on the Task Force.Ms. Bryson will recommend that Messrs. Mike Gillis, CPA; Ben Hamrick, CPA; and Kelly Puryear, CPA;represent the NCACPA.

ITEM I-D

Public Session Minutes December 16, 2019

Page 2

REPORT OF THE PROFESSIONAL STANDARDS COMMITTEE: Mr. M. Massey moved, and the Board approved the following recommendations of the Committee: Case Nos. C2019256-1 and C2019256-2 - Angela W. Matthews, CPA and Angela Wokatsch Matthews, CPA, P.C. - Approve the signed Consent Order (Appendix II). Case Nos. C2019212-1 and C2019212-2 - Close the cases without prejudice with a Letter of Warning. Case Nos. C2019214-1 and C2019214-2 - Close the cases without prejudice with a Letter of Warning. Case No. C2019054 - Close the case without prejudice with a Letter of Warning. Case No. C2019145 - Close the case without prejudice with a Letter of Warning. Case Nos. C2019221 - Close the cases without prejudice with a Letter of Warning. Case Nos. C2019251-1 and C2019251-2 - Close the cases without prejudice with a Letter of Warning. Case Nos. C2019254-1 and C2019254-2 – Close the Case without prejudice with a Letter of Warning. REPORT OF THE PROFESSIONAL EDUCATION AND APPLICATIONS COMMITTEE: Mr. G. Massey moved, and the Board approved the following recommendations of the Committee: Original Certificate Applications - The Committee recommended that the Board approve the application submitted by Kaitlyn Carter Martin. Reciprocal Certificate Applications - The Committee recommended that the Board approve the following: George Raymond Aldhizer, IV Matthew Thomas Beauchamp Susan Mary Chrest Amirh Efuru Collis Bonita Louise Crosser Ruth Ann Diedrich Abigail Mari Gilfillan Fawna Lee Goldi-Wasson Madison Gaither Grody Stephanie Renee Hodges Rachel Ann Jones Loren Suzanne Kassi Michelle DeLong Lombana

Michael RJ Meryhew Christof Rodney Charles Mohr Jay G. Patel Gabriel Alexander Ratti-Angulo Stephen Clyde Ross Megan Amanda Rushford Jared Michael Schultz Ashley Katherine Shelton Makiko Kusuda Simmons Tari Lyn Stockton Michael Curtis Sufczynski Germaine Giani Weldon Ruoyi Zhang

Temporary Permits - The Committee recommended that the Board approve the following temporary permits as approved by the Executive Director: Laura Day Safrit, T11609 Kristi Anne Fireline, T11610 Christine D. Zeger, T11611 Xutong Wang, T11612 Emmett Josef Lotz, T11613

James Peter Magno, T11614 Michelle Tiffany Chin, T11615 Eric Reeves, T11616 Brittani Elise Schettkoe, T11617 Mark Jason Laughner, T11618

Public Session Minutes December 16, 2019

Page 3

Jared Michael Schultz, T11619 Abigail Mari Gilfillan, T11620 Tari Lyn Stockton, T11621 Ashley Katherine Shelton, T11622 Makiko Kusuda Simmons, T11623 Ruth Ann Diedrich, T11624 Michelle DeLong Lombana, T11625 Germaine Giani Weldon, T11626 Megan Amanda Rushford, T11627 Jason Dongjun Kim, T11628 Loren Suzanne Kassi, T11629 Susan Lynn Dalton, T11630 Dale Anne Jekov, T11631 Jennifer Ann Beck, T11632 Madison Gaither Grody, T11633 Alan Coston Barber, Sr., T11634 Ruoyi Zhang, T11635

Paul Robert Wing, T11636 Michael Curtis Sufczynski, T11637 Rachel Ann Jones, T11638 Robert G. Kinzer, T11639 Kendall Lauren Wilson, T11640 Andrea Pop, T11641 Tracy Liane Rose, T11642 Gabriel Alexander Ratti-Angulo, T11712 Fawna Lee Goldi-Wasson, T11713 Stephanie Renee Hodges, T11714 Stephen Clyde Ross, T11715 Christof Rodney Charles Mohr, T11716 Christopher John Pallen, T11717 Joan Elizabeth Atkinson, T11718 Jonathan Ocampo, T11719 Christopher Jude Mooney, T11720

Reinstatements - The Committee recommended that the Board approve the following: Michele Mercedes Dubay, #27783 Michael Anthony Patrick, #31846

Paul G. Wong, #17706

Reissuance of New Certificate - The Committee recommended that the Board approve the following applications for reissuance of new certificate: Sarika Agarwal, #37503 Alison Maria Eddings, #38968 Reissuance of New Certificate and Consent Agreement - The Committee recommended that the Board approve the application for reissuance of new certificate and consent agreement submitted by John David DelPonti, Jr., #26529. Firm Registrations - The Committee recommended that the Board approve the professional corporation Mueller CPA, PA, as approved by the Executive Director. Letters of Warning - The Committee recommended that the Board approve the requests to rescind the Letters of Warning issued to the individuals listed below: Phillip Cadolino, #30919 Francis John Schmid, #36827

Stuart Douglas Smith, #40261 Etim J. Udoh, #29680

Examinations –The Committee recommended that the Board approve the following staff-approved applicants to sit for the Uniform CPA Examination: Joshua Anderson Stewart Baker Sahr Bangai Eric Barnett Robert Barrett Michael Beam Scarlett Beamon

Mary Blair Anjelica Boney Jeffery Braddy Skylar Bray Seth Brim Sarah Brooks Kayla Browm

Public Session Minutes December 16, 2019

Page 4

George Brown Randolph Brown Violette Bruchon Haley Bumgardner Nicholas Bunner Samuel Burke Lionel Cabrera Sean Cammuso Isabella Colasante Lenvil Coltrane Alexandra Consiglio Rose Cossuto Jessica Crews Tucker Crowder Zeynep Cukro Virginia Dawson Morgan Deans William Deleo Weiwei Doucette Julian Drew Katie Driggers Khalid Elshaikh Veronica Enchautegui-Ortiz Laura Evans Rohsaan Francis Deidre Frazier Ashleigh Gardner Breonna Garrison Johnathon Garwood Gregory Gerlach Jonathan Glover Annie Harding Haylee Harrison Kailey Hedgepeth Owen Hicks Hannah Higgins Gwendolyn Hodges Daniel Hogan Rachel Hogston Claudia Holland Brandon Holleman Dylan Hooper Austin Horne Zachary Hurst Lawrence Jenkins Spencer Johnson Artur Khalikov Tae Kim Katheryne King Sarah King Julian Klein

Mariah Kramer Robin Krcelic Jeremy Krider Madeleine Kruener Madison Kweon Troy Landon Sarah Layden Andrea Lee Stephen Lewis Anthony Lott Rafael Loza Erin Mack Christina Mantle Sara Maple Kirsten Mauney Jennifer Maybee Mary McCarthy William McElveen Marcos Melendez Randy Moss Audrey Mullins Paul Nelson Sara Nicholson Daniel Ogbamichael Jon Oner Ladan Osman Alexander Pantelakos Sarah Pearman Brooke Phillips Lindsey Piurowski Madeline Planton Andrew Polster Curtis Pouncy Reba Prevost Dunn Erica Propst Matthew Pugh Dustin Ramos Serina Ramos Collin Raynor Hayden Read Jenna Riglick William Roberts Reagan Rolling Penny Rose Abigail Roth Candice Rowland Matthew Ryan Kathryn Sabol Kyle Salvaterra Johnathon Sanders Amal Sattar

Public Session Minutes December 16, 2019

Page 5

Leigh Schmidt Paige Schurter Hannah Seipel Brian Sessoms Austin Sharpe Dhrumit Sheth Timothy Sivacek Tyler Smith Rebecca Stevens Samantha Stevens Mark Storey Jenna Strawn Martha Strickland

Charnice Taylor Matthew Thompson Elena Totchilova Lauren Wallace Henry West Garrett Wickline Mallory Wilkerson Ryan Williams Jessica Womack Thomas Woolbright Jacquelyn Yellin-Mungo Liudmila Zill

Miscellaneous – The Committee recommended that the Board approve the firm name request from Aprio, LLP, contingent on the firm providing a copy of the finalized court order for Mr. Kopelman’s legal name change. Mr. G. Massey moved to approve the Aprio, LLP, firm registration application because the Committee received the finalized court order. Motion passed with six (6) affirmative votes. Ms. Van Zant did not participate in the discussion of this matter, nor did she vote on this matter. EXECUTIVE STAFF AND LEGAL COUNSEL REPORT: The Executive Staff provided the monthly operational metrics and the Executive Staff Report. ADJOURNMENT: Messrs. G. Massey and M. Massey moved to adjourn the meeting at 11:22 a.m. Motion passed. Respectfully submitted: Attested to by: Robert N. Brooks Arthur M. Winstead, Jr., CPA Executive Director President

APPENDIX I

Board Order - 2 Jun B. Chung

8. The Applicant was present at the Hearing and was not represented bycounsel.

9. This matter is before the Board upon application by the Applicant forModification of Discipline pursuant to 21 NCAC OBI .0104.

CONCLUSIONS OF LAW

1. The Hearing was duly noticed pursuant to N. C. Gen. Stat.§ 150B-38(b)(c)and NCAC 08C .0103 and was conducted with a quorum of Board membersand all necessary parties present.

2. Because the discipline in this case imposed by a Board Order waspermanent revocation, pursuant to 21 NCAC OBI .0104, the burden ofestablishing a justification for modifying the earlier discipline is upon theApplicant.

3. The Applicant, during the Hearing, was able to demonstrate good cause forthe relief sought, including evidence that he is rehabilitated with respect tothe conduct that was the basis of the Board Order.

BASED ON THE FOREGOING, the Board orders in a vote of 7 to 0 that:

1. Jun B. Chung's Application for Modification of Discipline is approved andthe Board will entertain his application for reinstatement, provided theApplicant shall notify the Board staff prior to offering or rendering anyservices subject to peer review. Further provided that, prior toperforming those services, he obtain 1200 minutes of CPE relevant tothose services.

This the 16th day of December, 2019.

NORTH CAROLINA STATE BOARD OF CERTIFIED PUBLIC ACCOUNTANT E AMINERS

APPENDIX II

January 28, 2020

To:

National Association of State Boards of Accountancy

American Institute of Certified Public Accountants

The North Carolina State Board of CPA Examiners (Board) offers the following comments for the joint effort of the National Association of State Boards of Accountancy (NASBA) and American Institute of Certified Public Accounts (AICPA) related to CPA Evolution: Proposed CPA Licensure Model. The Board recognizes that the practice of accounting is everchanging due to technological advances and the demands for greater data analytical expertise. As such, the Board agrees that the CPA licensure model needs to recognize the rapid changes to ensure licensees have the skills necessary to perform those professional services.

The Board continues to support the current model where there are core testing elements and one CPA license. A basic level of competence built around the core of accounting, auditing, and tax remains critical to the profession. A greater emphasis on technology skills and knowledge can be obtained through changes to the exam and the required college preparatory classes. Once obtaining CPA licensure, a licensee should be able to perform any professional service in which they are competent.

In reviewing the discussions surrounding the CPA Evolution, the Board sees this as an opportunity to review all aspects of the CPA licensure model, specifically the required education, examination, and experience necessary for licensure. The CPA licensure model needs to change to be relevant to the customers and the public which are served. The Board sees these changes as increasing the value of the CPA license and putting licensees in position to be more effective in performing services.

CPA Evolution is often framed with concerns about the declining CPA pipeline and decreased hiring of CPAs within the accounting profession. However, the Board does not see where CPA Evolution in itself will necessarily address these issues. The accounting profession has always had other specialists including lawyers, engineers, IT specialists, etc. involved in varying aspects of service delivery. And the CPA credential has been the gold standard for those practicing in the accounting profession. Any changes made through the CPA Evolution process will only help to keep the CPA license as the standard within the profession.

ITEM III-A

Board Comments on CPA Evolution January 28, 2020 Page 2

The CPA Evolution project also appears to allow a licensee to develop a more focused or specialized skill set – what is described as a discipline. By focusing on three disciplines – Tax compliance and planning, Business reporting and analysis, and Information systems and controls – the CPA licensure model appears to be narrowing its focus to more defined pathways which could result in licensees with a deeper knowledge in their planned practice areas. This move to focused disciplines is an area that generates questions:

• Would licensee candidates be limited to one discipline or would there be processes whereby a licensee candidate could also take other disciplines?

• Would the focused disciplines also suggest that CPAs would be licensed in a manner that would identify that discipline (i.e., CPA – TC; CPA – BS, CPA – IS)?

• Would CPAs, particularly sole practitioners, be required to only advertise those services within the discipline they passed?

The Board appreciates the opportunity to provide comments as part of the CPA Evolution process. The evolution initiative is a necessary review to ensure the relevancy of the CPA licensure model. The foundational skill sets demanded of the CPA of the future is changing and the CPA licensure model needs to have the proper latitude to identify and implement those changes such that the licensees continue to demonstrate the relevant skills within the respected brand of the CPA.

Sincerely,

Art M. Winstead, Jr., CPA President

Initial 2020 2019 2018 2017 2016Mth # # # # #

April 61 70 55 97 97May 70 77 58 85 78June 62 61 57 110 77July 92 66 38 74 66Aug 51 62 50 85 52Sept 54 48 59 83 51Oct 62 84 47 60 64Nov 58 82 79 104 62Dec 83 81 79 115 139Jan 0 91 131 129 121Feb 0 74 39 58 101March 0 45 66 67 92

Avg 66 70 63 89 83

Initial 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 61 70 55 97 97May 131 147 113 182 175June 193 208 170 292 252July 285 274 208 366 318Aug 336 336 258 451 370Sept 390 384 317 534 421Oct 452 468 364 594 485Nov 510 550 443 698 547Dec 593 631 522 813 686Jan 593 722 653 942 807Feb 593 796 692 1000 908March 593 841 758 1067 1000

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April 195 211 178 191 180May 196 136 182 203 151June 222 149 159 266 312July 172 235 146 204 178Aug 164 136 187 237 155Sept 185 218 267 297 296Oct 194 175 196 177 154Nov 144 116 126 183 151Dec 177 133 154 276 276Jan 0 145 178 189 139Feb 0 124 107 130 141March 0 190 236 276 305

Avg 183 164 176 219 203

Re-Ex 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 195 211 178 191 180May 391 347 360 394 331June 613 496 519 660 643July 785 731 665 864 821Aug 949 867 852 1101 976Sept 1134 1085 1119 1398 1272Oct 1328 1260 1315 1575 1426Nov 1472 1376 1441 1758 1577Dec 1649 1509 1595 2034 1853Jan 1649 1654 1773 2223 1992Feb 1649 1778 1880 2353 2133March 1649 1968 2116 2629 2438

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April 42 32 32 60 48May 37 61 51 42 40June 0 0 0 0 0July 62 57 68 96 60Aug 49 41 39 36 100Sept 84 44 42 42 44Oct 36 77 62 56 74Nov 62 70 46 72 45Dec 1 2 0 0 0Jan 0 108 117 108 133Feb 0 57 73 66 68March 0 35 36 70 43

Avg 41 49 47 54 55

Org 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 42 32 32 60 48May 79 93 83 102 88June 79 93 83 102 88July 141 150 151 198 148Aug 190 191 190 234 248Sept 274 235 232 276 292Oct 310 312 294 332 366Nov 372 382 340 404 411Dec 373 384 340 404 411Jan 373 492 457 512 544Feb 373 549 530 578 612March 373 584 566 648 655

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Recp 2020 2019 2018 2017 2016Mth # # # # #

April 70 52 68 69 61May 9 13 9 18 11June 2 0 1 2 4July 37 59 58 53 54Aug 44 4 4 8 21Sept 2 3 2 4 5Oct 56 113 93 82 70Nov 69 42 25 32 27Dec 26 35 24 4 2Jan 0 33 12 34 36Feb 0 10 20 17 12March 0 7 5 12 3

Avg 39 31 27 28 26

Recp 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 70 52 68 69 61May 79 65 77 87 72June 81 65 78 89 76July 118 124 136 142 130Aug 162 128 140 150 151Sept 164 131 142 154 156Oct 220 244 235 236 226Nov 289 286 260 268 253Dec 315 321 284 272 255Jan 315 354 296 306 291Feb 315 364 316 323 303March 315 371 321 335 306

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April 7 12 7 3 18May 14 13 12 14 11June 25 7 16 8 17July 11 3 19 6 13Aug 6 23 22 14 11Sept 5 7 14 8 25Oct 11 10 23 9 13Nov 12 9 15 14 14Dec 16 11 15 30 22Jan 0 21 30 24 28Feb 0 22 18 18 16March 0 12 10 19 17

Avg 12 13 17 14 17

2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 7 12 7 3 18May 21 25 19 17 29June 46 32 35 25 46July 57 35 54 31 59Aug 63 58 76 45 70Sept 68 65 90 53 95Oct 79 75 113 62 108Nov 91 84 128 76 122Dec 107 95 143 106 144Jan 107 116 173 130 172Feb 107 138 191 148 188March 107 150 201 167 205

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Open 2020 2019 2018 2017 2016Mth # # # # #

April 28 27 30 27 7May 18 95 24 16 26June 25 61 5 33 6July 37 62 36 17 10Aug 67 58 65 68 31Sept 14 34 29 65 27Oct 14 12 24 53 53Nov 11 5 7 22 26Dec 31 6 6 7 9Jan 0 33 18 35 12Feb 0 43 16 17 17March 0 18 14 16 34

Avg 27 38 23 31 22

Open 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 28 27 30 27 7May 46 122 54 43 33June 71 183 59 76 39July 108 245 95 93 49Aug 175 303 160 161 80Sept 189 337 189 226 107Oct 203 349 213 279 160Nov 214 354 220 301 186Dec 245 360 226 308 195Jan 245 393 244 343 207Feb 245 436 260 360 224March 245 454 274 376 258

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April 30 16 25 31 38May 25 44 16 23 18June 26 68 18 20 21July 21 54 16 42 32Aug 49 63 29 27 27Sept 26 49 42 27 33Oct 39 45 17 53 32Nov 23 42 18 72 25Dec 25 15 23 26 24Jan 0 20 15 49 17Feb 0 22 11 30 21March 0 21 14 22 19

Avg 29 38 20 35 26

Closed 2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 30 16 25 31 38May 55 60 41 54 56June 81 128 59 74 77July 102 182 75 116 109Aug 151 245 104 143 136Sept 177 294 146 170 169Oct 216 339 163 223 201Nov 239 381 181 295 226Dec 264 396 204 321 250Jan 264 416 219 370 267Feb 264 438 230 400 288March 264 459 244 422 307

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April 30 50 50 38 29May 58 73 89 63 73June 221 194 169 150 126July 123 67 90 60 90Aug 9 17 6 14 6Sept 11 3 10 6 7Oct 20 13 24 12 21Nov 26 15 26 27 25Dec 73 38 40 59 35Jan 0 52 47 34 42Feb 0 15 14 16 17March 0 16 8 24 19

Avg 63 46 48 42 41

2020 2019 2018 2017 2016Mth Sum Sum Sum Sum Sum

April 30 50 50 38 29May 88 123 139 101 102June 309 317 308 251 228July 432 384 398 311 318Aug 441 401 404 325 324Sept 452 404 414 331 331Oct 472 417 438 343 352Nov 498 432 464 370 377Dec 571 470 504 429 412Jan 571 522 551 463 454Feb 571 537 565 479 471March 571 553 573 503 490

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Month Initial Re-Exam Month Original Reciprocal Month Total Month Begin Bal Open Closed End Bal Month TotalJan-15 107 130 Jan-15 96 51 Jan-15 18 Jan-15 202 66 54 214 Jan-15 47Feb-15 62 110 Feb-15 64 16 Feb-15 20 Feb-15 214 22 40 196 Feb-15 13Mar-15 82 227 Mar-15 48 4 Mar-15 12 Mar-15 196 40 38 198 Mar-15 18Apr-15 97 180 Apr-15 48 61 Apr-15 18 Apr-15 198 7 38 167 Apr-15 29

May-15 78 151 May-15 40 11 May-15 11 May-15 167 26 18 175 May-15 73Jun-15 77 312 Jun-15 0 4 Jun-15 17 Jun-15 175 6 21 160 Jun-15 126Jul-15 66 178 Jul-15 60 54 Jul-15 13 Jul-15 160 10 32 138 Jul-15 90

Aug-15 52 155 Aug-15 100 21 Aug-15 11 Aug-15 138 31 27 142 Aug-15 6Sep-15 51 296 Sep-15 44 5 Sep-15 25 Sep-15 142 27 33 136 Sep-15 7Oct-15 64 154 Oct-15 74 70 Oct-15 13 Oct-15 136 53 32 157 Oct-15 21Nov-15 62 151 Nov-15 45 27 Nov-15 14 Nov-15 157 26 25 158 Nov-15 25Dec-15 139 276 Dec-15 0 2 Dec-15 22 Dec-15 158 9 24 143 Dec-15 35Jan-16 121 139 Jan-16 133 36 Jan-16 28 Jan-16 143 12 17 138 Jan-16 42Feb-16 101 141 Feb-16 68 12 Feb-16 16 Feb-16 138 17 21 134 Feb-16 17Mar-16 92 305 Mar-16 43 3 Mar-16 17 Mar-16 134 34 19 149 Mar-16 19Apr-16 97 191 Apr-16 60 69 Apr-16 3 Apr-16 149 27 31 145 Apr-16 38

May-16 85 203 May-16 42 18 May-16 14 May-16 145 16 23 138 May-16 63Jun-16 110 266 Jun-16 0 2 Jun-16 8 Jun-16 138 33 20 151 Jun-16 150Jul-16 74 204 Jul-16 96 53 Jul-16 6 Jul-16 151 17 42 126 Jul-16 60

Aug-16 85 237 Aug-16 36 8 Aug-16 14 Aug-16 126 68 27 167 Aug-16 14Sep-16 83 297 Sep-16 42 4 Sep-16 8 Sep-16 167 65 27 205 Sep-16 6Oct-16 60 177 Oct-16 56 82 Oct-16 9 Oct-16 205 53 53 205 Oct-16 12Nov-16 104 183 Nov-16 72 32 Nov-16 14 Nov-16 205 22 72 155 Nov-16 27Dec-16 115 276 Dec-16 0 4 Dec-16 30 Dec-16 155 7 26 136 Dec-16 59Jan-17 129 189 Jan-17 108 34 Jan-17 24 Jan-17 136 35 49 122 Jan-17 34Feb-17 58 130 Feb-17 66 17 Feb-17 18 Feb-17 122 17 30 109 Feb-17 16Mar-17 67 276 Mar-17 70 12 Mar-17 19 Mar-17 109 16 22 103 Mar-17 24Apr-17 55 178 Apr-17 32 68 Apr-17 7 Apr-17 103 30 25 108 Apr-17 50

May-17 58 182 May-17 51 9 May-17 12 May-17 108 24 16 116 May-17 89Jun-17 57 159 Jun-17 0 1 Jun-17 16 Jun-17 116 5 18 103 Jun-17 169Jul-17 38 146 Jul-17 68 58 Jul-17 19 Jul-17 103 36 16 123 Jul-17 90

Aug-17 50 187 Aug-17 39 4 Aug-17 22 Aug-17 123 65 29 159 Aug-17 6Sep-17 59 267 Sep-17 42 2 Sep-17 14 Sep-17 159 29 42 146 Sep-17 10Oct-17 47 196 Oct-17 62 93 Oct-17 23 Oct-17 146 24 17 153 Oct-17 24Nov-17 79 126 Nov-17 46 25 Nov-17 15 Nov-17 153 7 18 142 Nov-17 26Dec-17 79 154 Dec-17 0 24 Dec-17 15 Dec-17 142 6 23 125 Dec-17 40Jan-18 131 178 Jan-18 117 12 Jan-18 30 Jan-18 125 18 15 128 Jan-18 47Feb-18 39 107 Feb-18 73 20 Feb-18 18 Feb-18 128 16 11 133 Feb-18 14Mar-18 66 236 Mar-18 36 5 Mar-18 10 Mar-18 133 14 14 133 Mar-18 8Apr-18 70 211 Apr-18 32 52 Apr-18 12 Apr-18 133 27 16 144 Apr-18 50

May-18 77 136 May-18 61 13 May-18 13 May-18 144 95 44 195 May-18 73Jun-18 61 149 Jun-18 0 0 Jun-18 7 Jun-18 195 61 68 188 Jun-18 194Jul-18 66 235 Jul-18 57 59 Jul-18 3 Jul-18 188 62 54 196 Jul-18 67

Aug-18 62 136 Aug-18 41 4 Aug-18 23 Aug-18 196 58 63 191 Aug-18 17Sep-18 48 218 Sep-18 44 3 Sep-18 7 Sep-18 191 34 49 176 Sep-18 3Oct-18 84 175 Oct-18 77 113 Oct-18 10 Oct-18 176 12 45 143 Oct-18 13Nov-18 82 116 Nov-18 70 42 Nov-18 9 Nov-18 143 5 42 106 Nov-18 15Dec-18 81 133 Dec-18 2 35 Dec-18 11 Dec-18 106 6 15 97 Dec-18 38Jan-19 91 145 Jan-19 108 33 Jan-19 21 Jan-19 97 33 20 110 Jan-19 52Feb-19 74 124 Feb-19 57 10 Feb-19 22 Feb-19 110 43 22 131 Feb-19 15Mar-19 45 190 Mar-19 35 7 Mar-19 12 Mar-19 131 18 21 128 Mar-19 16Apr-19 61 195 Apr-19 42 70 Apr-19 7 Apr-19 128 28 30 126 Apr-19 30

May-19 70 196 May-19 37 9 May-19 14 May-19 126 18 25 119 May-19 58Jun-19 62 222 Jun-19 0 2 Jun-19 25 Jun-19 119 25 26 118 Jun-19 221Jul-19 92 172 Jul-19 62 37 Jul-19 11 Jul-19 118 37 21 134 Jul-19 123

Exam Applications Certificate Applications CPA Firm Registrations Professional Stds Cases Inactive

Month Initial Re-Exam Month Original Reciprocal Month Total Month Begin Bal Open Closed End Bal Month Total

Exam Applications Certificate Applications CPA Firm Registrations Professional Stds Cases Inactive

Aug-19 51 164 Aug-19 49 44 Aug-19 6 Aug-19 134 67 49 152 Aug-19 9Sep-19 54 185 Sep-19 84 2 Sep-19 5 Sep-19 152 14 26 140 Sep-19 11Oct-19 62 194 Oct-19 36 56 Oct-19 11 Oct-19 140 14 39 115 Oct-19 20Nov-19 58 144 Nov-19 62 69 Nov-19 12 Nov-19 115 11 23 103 Nov-19 26Dec-19 83 177 Dec-19 1 26 Dec-19 16 Dec-19 103 31 25 109 Dec-19 73Jan-20 0 0 Jan-20 0 0 Jan-20 0 Jan-20 109 0 0 109 Jan-20 0Feb-20 0 0 Feb-20 0 0 Feb-20 0 Feb-20 109 0 0 109 Feb-20 0Mar-20 0 0 Mar-20 0 0 Mar-20 0 Mar-20 109 0 0 109 Mar-20 0Apr-20 0 0 Apr-20 0 0 Apr-20 0 Apr-20 109 0 0 109 Apr-20 0

May-20 0 0 May-20 0 0 May-20 0 May-20 109 0 0 109 May-20 0Jun-20 0 0 Jun-20 0 0 Jun-20 0 Jun-20 109 0 0 109 Jun-20 0Jul-20 0 0 Jul-20 0 0 Jul-20 0 Jul-20 109 0 0 109 Jul-20 0

Aug-20 0 0 Aug-20 0 0 Aug-20 0 Aug-20 109 0 0 109 Aug-20 0Sep-20 0 0 Sep-20 0 0 Sep-20 0 Sep-20 109 0 0 109 Sep-20 0Oct-20 0 0 Oct-20 0 0 Oct-20 0 Oct-20 109 0 0 109 Oct-20 0Nov-20 0 0 Nov-20 0 0 Nov-20 0 Nov-20 109 0 0 109 Nov-20 0Dec-20 0 0 Dec-20 0 0 Dec-20 0 Dec-20 109 0 0 109 Dec-20 0Jan-21 0 0 Jan-21 0 0 Jan-21 0 Jan-21 109 0 0 109 Jan-21 0Feb-21 0 0 Feb-21 0 0 Feb-21 0 Feb-21 109 0 0 109 Feb-21 0Mar-21 0 0 Mar-21 0 0 Mar-21 0 Mar-21 109 0 0 109 Mar-21 0Apr-21 0 0 Apr-21 0 0 Apr-21 0 Apr-21 109 0 0 109 Apr-21 0

EXECUTIVE STAFF REPORT DECEMBER 2019

Service to the Board: In December, Felecia Ashe completed her 35th year of employment with the Board. Thanks, Felecia, for your long service to the Board.

NASBA Committee Meeting: Bob participated in a CBT Administration Committee meeting by phone on December 9.

Breakfast Meeting: On December 12, David and Bob met with the NCACPA’s Sharon Bryson and Mark Soticheck for their monthly meeting.

ITEM VI-B