The VSCPA strives to protect and promote the CPA profession through its advocacy and government affairs efforts. VSCPA members and staff regularly monitor legislative and regulatory updates and develop comment letters and position papers when warranted. Below are letters and positions released by the VSCPA. Comments and feedback will correlate to the VSCPA Board of Directors' standing legislative and regulatory positions.
Question about a position? Contact VSCPA Vice President, Advocacy Emily Walker.
Looking for our positions on current bills in the Virginia General Assembly? Check out the Bill Tracker.
2025
- Letter to FASB on exposure draft, Accounting for Debt Exchanges May 30, 2025
- Letter to Congress on PTET deductions May 21, 2025
- Letter to Joint UAA Committee on UAA exposure draft April 22, 2025
- Letter to FASB on Topic 832, Accounting for Government Grants March 31, 2025
- Letter to FASB on Topic 270, Interim Reporting (.DOCX) March 31, 2025
- Letter to GASB on subsequent events Feb. 21, 2025
- Letter to FASB on Subtopic 350-40 Jan. 27, 2025
- Letter to IASB on equity method of accounting exposure draft Jan. 20, 2025
2024
- Letter to FASB on proposed updates to Topics 805 and 810 Dec. 16, 2024
- Letter to FASB on Subtopic 220-40 Dec. 10, 2024
- Letter to Treasury and FinCEN on BOI reporting delay Dec. 4, 2024
- Letter to IASB on climate-related exposure draft Nov. 26, 2024
- Letter to IASB on proposed amendments to IAS 21 Nov. 22, 2024
- Example letter to Congressional legislators on tax relief for natural disasters Nov. 19, 2024
- Letter on UAA exposure draft Nov. 11, 2024
- Letter to AICPA & NASBA on CPA competency-based pathway Nov. 11, 2024
- Letter to FASB on Topics 815 and 606 Oct. 21, 2024
- AICPA state society STEM letter May 2, 2024
- Response to omnibus technical releases April 15, 2024
- IAASB response letter April 8, 2024
- Financial instruments with characteristics of equity March 28, 2024
- Letter to NASBA on structured professional program March 22, 2024
- FASB ED for conceptual framework for financial reporting concept March 20, 2024
- PCAOB proposed amendments March 18, 2024
- FASB ED response March 18, 2024
2023
- Letter to TAX asking for PTET filer relief Nov. 21, 2023
- VSCPA supports CPA Exam credit initiative Nov. 1, 2023
- VSCPA supports deadline extension and expansion in beneficial ownership reporting requirements Oct. 30, 2023
- Letter to FASB on disaggregation of income statement expenses Oct. 30, 2023
- Comments to FASAB on reexamination of existing standards Sept. 15, 2023
- Advocacy for delay in beneficial ownership information (BOI) reporting requirements Aug. 30, 2023
- Letter to governor on aging tax collection system Aug. 29, 2023
- Letter to ISSB on IFRS sustainability disclosure standard methodology Aug. 7, 2023
- Letter to PCAOB on auditing standards amendments Aug. 7, 2023
- VSCPA signs on to AICPA letter encouraging accounting receive CIP STEM designation code Aug. 1, 2023
- Letter to IASB on amendments to classification and measurement of financial instruments July 19, 2023
- Letter to VBOA on historical references to CPA licensure June 16, 2023
- Letter to FASB on proposed Accounting Standards Update on accounting for and disclosure of crypto assets June 6, 2023
- Letter to TAX on the final elective pass-through entity tax (PTET) guidelines May 30, 2023
- Letter to NASBA on amendments to UAA about CPA Exam testing window April 17, 2023
- Letter to IASB on third edition of IFRS for SMEs Accounting Standard March 7, 2023
- Letter to Virginia State Bar on UPL Opinion 219 March 1, 2023
- Letter to FASB on proposed Concepts Statement No. 8, Chapter 5 Feb. 21, 2023
- Letter to IFRS on definition of a lease and substitution rights Feb. 6, 2023
- Letter to FASB on proposed Concepts Statement No. 8, Chapter 2 Jan. 16, 2023
2020
- Statement on racial injustice June 5, 2020
Looking for older comment letters or positions? We have them; they are just no longer online. If you require an older document, please reach out to VSCPA Vice President, Advocacy, Emily Walker.