California CPA March/April 2023 | Page 8

CalCPA & Education Foundation Nominated Slate 2023-24 The CalCPA Nominations Committee submitted the following proposed nominated slate :

CalCPA Board of Directors , Council At-Large & AICPA Council Leadership
Officers nominated to a one-year term ( 2023-24 ) Chair : Meredith A . Johnson ( San Francisco Chapter ) First Vice Chair : Matthew Martin ( Los Angeles Chapter ) Secretary / Treasurer : Jillian Phan ( Los Angeles Chapter ) Immediate Past Chair : Tayiika Dennis ( Los Angeles Chapter )
Vice Chairs nominated to a two-year term ( 2023-25 ) Grace Clark ( Inland Empire Chapter ) John Schultz ( Inland Empire Chapter )
Council Members at-Large nominated to a two-year term ( 2023-25 ) Toby Benguerel ( San Joaquin Chapter ) John Misuraca ( Orange County Long Beach Chapter ) Charlie Osaki ( Orange County Long Beach Chapter )
AICPA Council Members nominated to a three-year term ( 2024-27 ) Andrea Cope ( San Francisco Chapter )
Jolene Fraser ( Sacramento Chapter ) Andy Mintzer ( Los Angeles Chapter ) Jillian Phan ( Los Angeles Chapter )
The CalCPA Education Foundation Nominations Committee has submitted the following proposed nominated slate :
CalCPA Education Foundation Board of Trustees Officers nominated to a one-year term ( 2023-24 ) Chair : Andrea Cope ( San Francisco Chapter ) First Vice Chair : Ruben Davila ( Los Angeles Chapter ) Treasurer : Scott Donnelly ( Los Angeles Chapter ) Vice Chair : TBD ( Education Foundation Chair Appointment ) Immediate Past Chair : Adam Blitz ( Fresno Chapter )
Trustees nominated to a two-year term ( 2023-25 ) Heather Esposito ( Out of State ) Taryn Hoffman-Torres ( Orange County Long Beach Chapter ) Kathy Johnson ( Inland Empire Chapter ) John Ryan ( Los Angeles Chapter ) Jason Shreve ( Silicon Valley San Jose Chapter )

AICPAnews

PEEC Updates Code for Compliance Audits
The AICPA Professional Ethics Executive Committee ( PEEC ) has approved revisions to the AICPA Code of Professional Conduct related to compliance audits .
Compliance audits are on the rise because of pandemic relief funding and the Infrastructure Investment and Jobs Act , P . L . 117-58 . PEEC took a closer look at how independence requirements are being applied in compliance audits and found that the requirements are overly cumbersome and are not being applied consistently .
To provide clarity , PEEC has approved two new definitions and one revised definition related to independence in compliance audits . The changes apply to members in public practice . The revisions to the code will be effective for compliance audits beginning after June 15 , 2023 , with early implementation allowed .
Read more at https :// us . aicpa . org / content / dam / aicpa / interestareas / professionalethics / community / exposuredrafts / downloa dabledocuments / 2022 / 2022compliance-audits-final . pdf .