The South Carolina Board of Accountancy has released the 3rd quarter 2019 edition of its “SC BOArd News” newsletter, and you can access it here. It contains information for all licensees, including:

NEW CPA OATH CEREMONY

The SC Board of Accountancy is encouraging the state’s new licensees to attend a New CPA Oath Ceremony on Wednesday, Nov. 13, at the Darla Moore School of Business in W.W. Hootie Johnson Hall (Room 101) at 6 p.m.

For those SCACPA members who live in the Columbia area, or if you plan to arrive in the Capital City the Wednesday before Fall Fest, please consider joining SCACPA Board Members and staff to congratulate the future of the profession. The Moore School is less than a 10-minute walk from the Hilton Columbia Center, and W.W. Hootie Johnson Hall can be entered on the First Floor Learning Level.

2019 ELECTION OF OFFICERS

The BOA elected new officers at its June 26 meeting:

  • Todd Dailey, CPA, Chairman
  • Michael R. Putich, CPA, Vice Chairman
  • Brian Johnson, CPA, Secretary

TOTAL LICENSEES AND REGISTRATIONS

As of Sept. 19, 2019, South Carolina has:

  • 6,111 CPAs
  • 69 Accounting Practitioners and 5 Public Accountants
  • 1,353 In-State Accounting Firms
  • 368 Out-of-State Accounting Firms
  • 7,906 Total Licensees/Registrations

DISCIPLINARY ACTION LOOKUP

While information regarding complaints and ongoing investigations is confidential, you can search and access all Public Board Orders at https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=15

UPDATE AND VERIFY YOUR CONTACT INFORMATION

If you have moved, changed your address, phone number, email address, or changed employers, you can update your information online by visiting https://eservice.llr.sc.gov/SSO/Login/LoginPage?ReturnUrl=%2fsso.

Individuals changing their name must include a copy of the legal document changing it. Resident Managers are responsible for informing the Board of any changes regarding their firms’ information within 30 days of the action.

Also, the BOA began an email verification drive in September to help expedite its system to deliver renewal notices. If you or your firm did not receive an email verification request, it is important to contact the BOA at Contact.Accountancy@llr.sc.gov or (803) 896-4770.

LEGISLATIVE REMINDER

The General Assembly during its 2019 legislative session enacted H.3785/A.68, which revised several provisions of the Accountancy Practice Act, including open and closed meetings and hearings, protection of confidential information, exam administration, continuing education for non-CPA firm owners, reciprocal licensure and financial statement disclaimers for APs and AP firms. It went into effect May 16.

A MEMO FROM NASBA PRESIDENT & CEO KEN L. BISHOP ON CPE ETHICS

The BOA’s newsletter closes with a message on ethical CPE compliance from National Association of State Boards of Accountancy President & CEO Ken L. Bishop. He reminds readers that even occasional transgressions can tarnish the image of the profession.

“CPE violations, although arguably less serious than cases of fraud and malpractice, may be indicative of more systemic problematic cultures that may exist,” Bishop writes.

“By far, the majority of (CPAs) do the right things, but we, and the State Boards, exist for a reason. Not only do we protect the public, but we also protect the important public trust in this great profession.”