HTML Preview Board Of Accountancy Newsletter page number 1.
During the last week in June, a letter containing information regarding the license
renewal process will be sent out to all CPAs with an odd numbered license. The
online renewal system will be turned on July 1st at 10AM. The renewal fee remains
at $100, however CPAs will be responsible for paying the portal fee that was
previously paid for by the Board. A license that is not renewed byAugust 1st will
automatically expire. Beginning August 2nd through September 1st, a license may
be renewed using the online system, but the fee will increase to $200. Effective
September 2nd, a license may not be renewed. Instead, CPAs must submit a paper
application to reinstate their license.
CPAs due to renew their license this year should conrm they obtained the
necessary CPE hours. These hours must have been completed from January 1,
2013 through December 31, 2014. During the online renewal process, CPAs will
be required to afrm they fullled the CPE requirements by December 31, 2014.
CPAs found to have falsely asserted they completed the hours will be subject to
disciplinary action.
CPAs who changed their mailing or email address following the 2013 renewal
process must submit an address change form located on www.cpa.ky.gov as soon
as possible. Each year during the renewal process, a number of emails and letters
are returned due to the failure of CPAs to update this information.
BOARD MEMBERS
In August of 2014 Lori Warden, CPA and Dr. Margaret Combs, CPA were appointed
to the Board by Governor Beshear. Their terms will expire as of June 30, 2018.
Ms. Warden is the manager of Rudler, PSC in Ft. Wright. Dr. Combs is the chair of
the Accounting Department at the University of the Cumberlands.
The remaining Board members are Kevin Doyle, CPA, Joe Hancock, CPA, Jamie
Laws, CPA, Phil Layne, CPA, and Toni Carver-Smith, the non-CPA member. Mr.
Doyle is the CFO of Congelton-Hacker Construction Company in Lexington.
Mr. Hancock is the President of Riney Hancock CPAs PSC in Owensboro. Ms.
Laws is a partner at Louis T Roth & Co. in Louisville. Mr. Layne is the managing
partner at Kelley Galloway Smith Goolsby, PSC in Ashland. Ms. Carver-Smith
is the associate director of Mission Effectiveness and Administration with the
Presbyterian Church USA in Louisville.
Ms. Carver-Smith serves as the president of the Board, and Kevin Doyle as the
Secretary/Treasurer.
In This Issue
A Member of NASBA
Spring 2015
2015 LICENSE RENEWAL ............ 1
BOARD MEMBERS ..................... 1
BOARD MEETING DATES ............. 1
CONTINUING
PROFESSIONAL EDUCATION ......... 2
CONTACT INFORMATION ............ 2
CPA EXAM STATISTICS ................ 3
CPE AUDIT VIOLATIONS .............. 4
FAILURE TO RENEW FIRM LICENSE 4
DISCIPLINARY ACTIONS .............. 5
2014 TOP TEN KENTUCKY
SCHOOL RANKINGS ................... 6
E-NEWSLETTER
Kentucky Board of Accountancy
BOARD MEETING DATES FOR 2015
The Board meets at its ofce in Louisville located at 332 W Broadway, Suite
310. The following meeting dates remain for 2015: May 28, July 16, August 27,
September 17, October 23, November 19 and December 17. Please keep in mind
meetings may be canceled or rescheduled.
2015 LICENSE RENEWAL