Subject of Possible Rule Making: WAC 4-25-530 Fees.

     Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.04.105(3), 18.04.065.

     Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The CPA examination providers, the American Institute of Certified Public Accountants (AICPA) and the National Association of State Boards of Accountancy (NASBA) have notified the board of a forthcoming increase of all CPA exam fees. As a result of these fee increases the board's contract provider (for application intake and education processing) will also experience cost increases. The board must therefore increase the fees it charges for the administration of the CPA examination to adequately pay all costs.

     Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

     Process for Developing New Rule:      Agency study.

     Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Richard C. Sweeney, CPA, Executive Director, Washington State Board of Accountancy, P.O. Box 9131, Olympia, WA 98507-9131, (360) 586-0163, fax (360) 664-9190, e-mail webmaster@cpaboard.wa.gov.

January 30, 2008

Richard C. Sweeney

Executive Director

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