Vivian Zheng

The board agenda includes discussions on the Peer Review Oversight Board annual report, board financial statements, scholarship allocations, and budget amendments for fiscal years 2026 and 2027. Additionally, the meeting will cover updates on the Legacy System Modernization Project, reviews of NASBA and AICPA matters, consideration of proposed rule revisions for licensing and professional conduct, reports from various committees including Behavioral Enforcement and Technical Standards Review, and disciplinary actions.

The board discussed several financial and administrative matters, including the review of financial statements, the equal employment opportunity report, and the historically underutilized business expenditure summary. A professional services contract with Jackson Walker Law Firm was approved, and updates were provided on the legacy system modernization project. Multiple rule revisions and readoptions were authorized for publication in the Texas Register, covering areas such as peer assistance, unauthorized practice of accountancy, continuing professional education, and general board procedures. Additionally, reports were received from various committees regarding CPE requirements, the CPA certification process, and disciplinary actions, including agreed consent orders and administrative sanctions for licensing and CPE non-compliance.

The Board meeting included reviews of financial statements and the approval of requested budget increases. Discussions involved the modernization of the legacy system, vendor communications, and NASBA/AICPA committee reports. The Peer Assistance Oversight Committee presented reports, and updates were provided on Continuing Professional Education (CPE) standards and ethics course approvals. Additionally, the Board reviewed reports on foreign credentials, dismissed several investigations based on insufficient evidence, approved administrative disciplinary actions regarding CPE delinquencies and fee nonpayment, and adopted several new and revised Board Rules related to military service member licensing and agency definitions.

The Board Meeting on March 12, 2026, conducted via hybrid format, included several key considerations. The Executive Committee report covered the Board's financial statements, an update on the Legacy System Modernization Project, and a review of upcoming NASBA/AICPA conferences. The Rules Committee discussed and considered proposed revisions to Chapter 511 regarding Eligibility, specifically addressing application fees, military member exemptions, work experience documentation, and examination credit validity periods, with a recommendation to publish proposed revisions for public comment. Other agenda items included reports from the Behavioral Enforcement Committee meeting of February 19, 2026, the Technical Standards Review Committee meeting of February 4, 2026, and consideration of proposed Agreed Consent Orders and Administrative Disciplinary Actions.

The Executive Committee meeting agenda covered several substantive items. Key discussions included the review and potential action on the Board's financial statements, as well as an update regarding the Legacy System Modernization Project. Furthermore, the committee reviewed several NASBA/AICPA matters pertaining to upcoming conferences and regional meetings, including the Annual Conference for Board of Accountancy Legal Counsel and the Annual Conference for Executive Directors & Board Staff. The agenda concluded with a review of general correspondence.