I Call to Order and Roll Call - 9:30 A.M.

II Minutes of the Meeting of May 15, 2008

III President’s Remarks

IV Executive Director’s Remarks

V Request for a Waiver to Reinstate CPA license

A James W. Nowoswiat

James Nowoswiat is requesting a waiver to reinstate his expired CPA license. Mr. Nowoswiat is requesting waiver of his Pennsylvania CPA license. He is lacking 6 credits in Finance.

VI Regulatory Analyst - Maryann Sheehan 10:00 A.M.

VII Legislative Matters

A Senate No. 1815

Senate Bill No. 1815 requires legal action against certain licensed persons to be brought within two years.

B Assembly No. 2735

Assembly Bill No. 2735 prohibits employment and licensing background checks to go back further than seven years under certain circumstances.

VIII Committee Reports

A CPA Examination Committee - Aubrey Kosson, Chairperson

B Ethics Committee - Donald Jump, Chairperson

C CPE Committee - Robert Sommer, Chairperson

D RMA Committee - Robert Cagnassola, Chairperson

E QE Committee - Robert Cagnassola, Chairperson

F Education Committee - Bennie Hadnott, Chairperson

G Reciprocity Committee - Keith Balla, Chairperson

H Nominating Committee - Andrew DuBoff, Chairperson

I Statute/Rules/Regulations Committee - Andrew DuBoff, Chairperson

J Planning Committee - Margaret Shoe, Chairperson

K Monitoring Profession Committee - John Dailey, Chairperson

IX Public Comments