I Call to Order and Roll Call - 9:35 A.M.

A meeting of the New Jersey State Board of Accountancy was convened in accordance with the provisions of the Open Public Meetings Act. Pursuant to those provisions, the proper notifications were made to the Office of the Secretary of State, the Camden Courier-Post, the Trenton Times, the Asbury Park Press, the Record, and the Star-Ledger. Board Vice-President Donald Jump called the meeting to order at 9:35 a.m. The following roll call was taken:

Keith Balla, CPA Present
Robert Cagnassola, CPA Present
John Dailey, Jr., CPA Present
Andrew DuBoff, CPA Present
Bennie Hadnott, CPA Present
Albertus Jenkins, Public Member Excused
Donald Jump, CPA Present
Aubrey Kosson, CPA Present
Margaret Shoe, PA Present
Robert Sommer, PA Present
Peter Torok, Public Member Present

Also present at the meeting were William Mandeville, Executive Director; Tobey Palan, Deputy Attorney General; Melba Rodriguez, Secretarial Assistant; Marie Lisa, Staff; Ralph Thomas, Executive Director, NJSCPA and David Plaskow, Editor, NJSCPA Magazine.

II Minutes of the Meeting of March 19, 2009

On a motion made by Andrew DuBoff, seconded by Bennie Hadnott, the Board voted to approve the March 19, 2009 Public Session minutes with corrections. The vote of the Board was unanimous.

III QE Committee

The QE Committee met prior to the Board meeting to discuss changes to the proposed amendments to the Quality Enhancement regulations.

On a motion made by Robert Cagnassola, seconded by Keith Balla, the Board voted to approve two changes to the proposed amendments. The vote of the Board was unanimous.

IV President’s Remarks

In President Jenkins’ absence, Vice President Jump had no remarks.

V Executive Director’s Remarks

Executive Director Mandeville reported to the Board that the firm registration renewals will be mailed out approximately 60 days prior to the expiration date of the registrations (June 30, 2009).

VI Requests for Waivers

A Joseph P. Hudrick

Mr. Hudrick is requesting consideration from the Board to accept his application for licensure without the required proof of experience. Mr. Hudrick was employed by James A. Hillman, CPA (Maryland) for nine years and ten months. Mr. Hillman passed away in 2007.

On a motion made by Robert Cagnassola, seconded by Andrew DuBoff, the Board voted to approve Mr. Hudrick’s request for licensure. The vote of the Board was unanimous.

VII Committee Reports

A CPA Examination Committee

Aubrey Kosson had no report for the Board.

B Ethics Committee

Donald Jump informed the Board that three additional course providers have submitted New Jersey Law and Ethics courses for Board approval. A conference call will be conducted to review these courses.

Mr. Jump also informed the Board that the Accounting Educators course was approved at the March Board meeting for live presentation only. To date, no additional information has been provided by the Accounting Educators relative to their proposed web assisted program.

C CPE Committee

On a motion made by Robert Sommer, seconded by Bennie Hadnott, the Board voted to approve the CPE Committee Meeting Summary for its January 14, 2009 and March 19, 2009 meetings. The vote of the Board was unanimous.

D RMA Committee

Robert Cagnassola had no report for the Board.

E QE Committee

The Quality Enhancement Committee report, relative to the proposed amendments to the QE regulations, was given earlier in the meeting. There were no other matters to report.

F Education Committee

Bennie Hadnott had no report for the Board.

G Reciprocity Committee

Keith Balla reported to the Board that he has CDs that contain information regarding reciprocity for all jurisdictions. A conference call will be scheduled with committee members and the information will be disseminated at the next Board meeting.

H Nominating Committee

The proposed slate of officers recommended by the Nominating Committee is as follows:

President - Donald Jump
Vice President - Keith Balla
Treasurer - Bennie Hadnott
Secretary - John Dailey

There were no other nominations from the floor.

On a motion made by Andrew DuBoff, seconded by Robert Sommer, the Board voted to accept the slate of officers proposed by the Nominating Committee for the fiscal year May 1, 2009 to April 30, 2010. The vote of the Board was unanimous.

I Statute/Rules/Regulations Committee

Andrew DuBoff reported to the Board that there will be a Rules and Regulations Committee meeting on April 17, 2009 at 9:30 A.M. in the Sussex Room.

J Planning Committee

Margaret Shoe had no report for the Board.

K Monitoring Profession Committee

John Dailey had no report for the Board.

VIII Public Comments

Ralph Thomas, Executive Director of the NJSCPA informed the Board that the Society’s Annual Scholarship Awards Ceremony will take place on April 23, 2009, and that all Board members are invited to attend.

Mr. Thomas reminded everyone that the Society’s Annual in-State Convention will be held on June 3-5, 2009 at Bally’s in Atlantic City, NJ. Also, on August 6-8, 2009 the Annual Getaway Convention will be held at the Fairmont Hotel in Boston, MA.

Mr. Thomas informed the Board that the AICPA Spring Council Meeting will be held in Washington DC on April 26 – 28, 2009.

Mr. Thomas expressed concerns regarding Firm registration renewals and stated his hope that renewal forms would be sent timely without errors. He cited the problems that were encountered during license renewals last November.

Lastly, Mr. Thomas stated that the Society will communicate to its members regarding the proposed changes to Quality Enhancement. He continues to have concerns regarding firms who relied on the Board’s program and may not be aware of the status of the program and the proposed amendments to the regulations.

On a motion made by Robert Cagnassola, seconded by Margaret Shoe, the Board voted to adjourn the Public Session Board meeting at 10:55 A.M. and to reconvene in Executive Session to review two matters of Old Business, two Requests to Sit for the CPA Exam, two PCAOB Reports and three Consumer Complaints. The vote of the Board was unanimous.

Respectfully submitted,

William Mandeville
Executive Director