The Accounting & Auditing Advisory Committee reviews exposure drafts and notifies VSCPA staff about significant changes in accounting and auditing standards and regulations, including those from governmental bodies. The Committee actively seeks input from VSCPA members on the challenges facing accounting and auditing professionals and may form ad hoc groups to address specific exposure drafts or alerts that require specialized expertise. Meeting frequency and time commitments vary based on the activity level in the accounting and auditing sector, but members can expect monthly virtual meetings. This is a highly selective committee; only fellow members with expertise in COSO, FASAB, FASB, GAGAS, GAO, GASB, IASB, IFAC, OAB, or PCAOB will be considered for membership.
Volunteers will gain valuable leadership experience, insights into emerging trends, and the opportunity to influence the future of Virginia's accounting profession by enhancing their expertise in professional standards.