Tennessee Governor Bill Lee recently appointed Robert Vance, CPA, ABV, CFF, CVA, CFP of Forensic & Valuation Services, PLC to be a board member of The Tennessee State Board of Accountancy representing the Western Grand Division. Rob will focus on the Enforcement Committee which has review and oversight of the investigation and legal action program along with recommended disposition of complaints and other violations.
The Tennessee State Board of Accountancy protects the public interest by ensuring that persons professing special competence in accountancy or those offering assurance regarding financial statement presentation have demonstrated their qualifications to do so. The Board's vision is to protect the public, enhance communications with licensees and proactively respond to the demands of today's changing world.(1)
The board is composed of eleven members appointed by the governor with each member’s term being three years. Nine of the members shall be certified public accountants holding a certificate issued by, and residing in, Tennessee. Appointments of CPAs to the board shall be made in a manner so as to provide equal representation from each of the three grand divisions of this state. One member shall be an attorney licensed to practice in the highest court of the state. One member shall be a public member possessing expertise in one or more significant portions of the board's regulated activities.
The board meets quarterly and adopts rules governing its administration and enforcement of relevant sections of the Tennessee Code Annotated (“TCA”) regarding the conduct of licensees, including, but not limited to:
Rules governing the board's meetings and the conduct of its business;
Rules of procedure governing the conduct of investigations and hearings by the board;
Rules specifying the educational and experience qualifications required for the issuance of CPA certificates and the continuing professional education required for renewal of certificates;
Rules of professional conduct directed to controlling the quality and probity of services by licensees and dealing, among other things, with independence, integrity and objectivity, competence and technical standards, responsibilities to the public, and responsibilities to clients;
Rules governing the manner and circumstances of use of the titles "certified public accountant" and "CPA";
Rules regarding peer review that may be required to be performed under the TCA;
and Rules setting fees, including late fees, for examination, reexamination, certification, licensure, certificate renewal, licensure renewal, registration, registration renewal, peer review and other necessary fees.(2)
[1] https://www.tn.gov/commerce/re....
[2] Adopted from the Tenn. Code Ann. § 62-1-104.