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Charles Street, Tower 1\nBaltimore, MD 21201\nState of Maryland\nBoard of Certified Public Accountants Business Meeting Minutes\nTuesday, February 4, 2025\nVia Google Meets Teleconference\nMEMBERS\nIN ATTENDANCE:\tDr. Jan Williams, Chair Jeffery Wilson, II Joseph Petito\nBarrett E. Young Brian Dunne Pamela Gray\nABSENT MEMBER:\tJoan Pratt\nDLLR OFFICIALS/STAFF:\tChristopher Dorsey, Executive Director\nRobert Pambianco, Legal Counsel Sharron McNeill, Office Supervisor Shemirra Massie, Administrative Officer I\nOTHERS PRESENT:\tRebekah Olson, MACPA\nMarybeth Halpern, MACPA Sarah Glascow\nMichael Manspeaker, AICPA Matthew Keadle\nThe February 4, 2025, Maryland Board of Public Accountancy meeting was called to order at 9:02 AM by Dr. Jan Williams, Chair.\nUpon a motion (I) by Mr. Petito and seconded by Mr. Wilson, the January 7, 2025 meeting minutes were unanimously approved.\n\u0013 HYPERLINK \"http://www.dlllr.state.md.us/license/cpa/\" \\h \u0014www.dlllr.state.md.us/license/cpa/\u0015\nWES MOORE, GOVERNOR | ARUNA MILLER, LT. GOVERNOR | PORTIA WU, SECRETARY\nChairman’s Report\nDr. Williams thanked Mr. Petito for writing the initial drafts of the Board’s written testimony for Senate bill 51 and Senate bill 148 as discussed in the January Board meeting. She also thanked Mr. Dorsey for submitting the written testimony for both bills to the Senate committee. At the hearing, Senator Ellis stated that he accepted the Board’s amendments to SB 148, with the exception of the required 40 years of experience. Per the video of the hearing, he does not think the 40-year requirement would be fair for someone who had a break in the profession or who became a CPA later in life. He did accept the Board’s minor name change of Senate bill 51 to “Accountants-Licensed Out of State Practice Privilege” which the Board felt was more appropriate. Dr. Williams thanked Mrs. Olsen and Mrs. Halpern from the MACPA for their assistance in finding a sponsor for the mobility bill since the deadline for the Board to submit the legislation had passed at the onset of the discussion.\nWe now have the cross-listed House bills. The hearing for HB 427, on the emeritus status, was held on January 29th. We will send the written testimony for House bill 887, on mobility, to the House Economic Matters Committee for the February 12th hearing.\nDr. Williams thanked Mr. Young for giving a regulatory update on behalf of the Board at the MACPA CPA Day in Annapolis last month. She has heard that the regulatory update was well received and appreciated by CPAs in attendance.\nDr. Williams shared the statistics of the 2024 board committee reports. During 2024, there were 19 transfer of grades (TOG) applications approved and 0 TOG application denials from the education committee. In 2023, there were 16 transfer of grades applications approved and 2 TOG application denials.\nFrom the experience committee, in 2024, there were 168 Maryland Exam candidate applications approved for licensure and 0 denials. In 2023, there were 203 Maryland Exam candidate applications approved for licensure and 1 application denial. In 2024, there were 104 reciprocal applications approved, and 0 reciprocal application denials. In 2023, there were 100 reciprocal applications approved, and 7 reciprocal application denials.\nThe firm committee reports included 17 firm permit applications approved and 3 denials in 2024. In 2023, there were 21 firm permit applications approved and 0 application denials.\nThe peer review committee reports in 2024 included 9 newly enrolled firms, 113 firm peer reviews accepted, 10 first time passes with deficiencies, 4 first time failures, and 11 firms dropped or terminated. In 2023, there were 40 newly enrolled firms, 103 firm peer reviews accepted, 6 first time passes with deficiencies, 7 first time failures, and zero (0) firms dropped or terminated.\nUpon a motion (II) by Mr. Petito and seconded by Ms. Gray, the Chairman’s Report was unanimo","cbCaioqxvk9W5k9d","https://ap.wps.com/l/cbCaioqxvk9W5k9d","docx",55769,7,"English","# Members\n## Chairman’s Report\n## Executive Director’s Report\n## Exam Appeals\n## Education Committee Report\n## Experience Committee Report\n## Firm Permit Committee Report\n## Peer Review Oversight Committee Report","[{\"question\":\"Who attended the February 4, 2025 Board meeting?\",\"answer\":\"The minutes list Dr. Jan Williams (Chair) and several board members in attendance, with Joan Pratt listed as absent. Maryland-specific officials and other participants are also recorded.\"},{\"question\":\"What were the key items discussed in the Chairman’s Report?\",\"answer\":\"The Chair covered written testimony for Senate bill 51 and Senate bill 148, hearing outcomes and amendments, mobility and sponsor efforts, emeritus status for HB 427, mobility for HB 887, and a regulatory update presented at MACPA CPA Day.\"},{\"question\":\"What do the committee reports show for the reporting period?\",\"answer\":\"The education, experience, firm permit, and peer review sections summarize application approvals/denials and peer review outcomes for January, including results for transfers of grades, candidate licensing, reciprocal applications, firm permits, and peer review enrollment and findings.\"}]","MEMBERS - Board of Certified Public Accountants Business Meeting Minutes | DOCX",1788337416]