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TPPF Says LBB Report Doesn’t Tell the Whole Story 16 Aug 2013 | 08:49 pm
We blogged earlier in the week about the Legislative Budget Board’s (LBB) report (PDF) that Texas government spending has decreased 11.5% since 2002, after adjusting for population growth and inflatio...
State Spending Down Over the Last Decade 13 Aug 2013 | 07:36 pm
The Legislative Budget Board (LBB) has released a report that shows Texas government spending has decreased 11.5% since 2002, after adjusting for population growth and inflation. The 11.5% decline in ...
AICPA and NASBA Reach Accord on FRF for SMEs 6 Aug 2013 | 08:36 pm
We previously reported on AICPA’s issuance of Financial Reporting Framework for Small- and Medium -Sized Entities (FRF) and NASBA’s announced opposition to FRF. After discussions and clarifications, N...
Uniform Accountancy Act Exposure Draft 6 Aug 2013 | 07:46 pm
The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have issued an exposure draft containing revisions to the Uniform Accountancy Act (UAA). The ...
Past TSCPA Chair appointed to Board of Accountancy 1 Aug 2013 | 12:09 am
Bob McAdams, CPA served as Chair of TSCPA for 1999-2000. He continues his admirable record of service to the accounting profession with an appointment to the Texas State Board of Public Accountancy. ...
NASBA Opposes AICPA’s FRF for SMEs 19 Jun 2013 | 08:56 pm
How’s that for alphabet soup? It means the National Association of State Boards of Accountancy (NASBA) doesn’t like the American Institute of CPAs' (AICPA) new Financial Reporting Framework for Small-...
Franchise Tax Legislation on the Governor’s Desk 29 May 2013 | 08:56 pm
The 82nd Texas Legislature passed substantial franchise tax reform during its regular session, all of which is now on Governor Perry’s desk for consideration. The major franchise tax bill was HB 500 b...
CPA Sunset Review Postponed 28 May 2013 | 08:09 pm
CPAs are safe until 2019. The law establishing and regulating CPAs will remain intact at least until then. Every 12 years, state licensing agencies and the laws that established them expire unless the...
Senate Passes Budget 26 May 2013 | 03:17 am
This afternoon the Senate passed SB 1 the appropriatons bill for the next two years. The House has already adjourned and will not reconvene until 2:00 PM Sunday, when they will also address the state ...
Budget Roadblocks 25 May 2013 | 11:12 pm
As the 83rd session of the Texas Legislature winds down, the only bill that must be passed, the state’s budget, is still in limbo. On this last day for action, according to the rules (which can be bro...
