Secretary of Commerce and Trade

Secretary of Commerce and Trade

Secretary of Commerce and Trade SECRETARY OF COMMERCE AND TRADE OFFICE OF THE SECRETARY OF COMMERCE AND TRADE Location: 1111 East Broad Street, 4th Floor Richmond, Virginia 23219 Tel. (804) 786-7831 Fax (804) 786-5602 Internet: www.commerce.virginia.gov Todd Haymore………………………. ....................................................................................... Secretary Mary Rae Carter ..........................................................................Special Advisor for Rural Partnerships Sara Dunnigan ............................................................................... Advisor for Workforce Development Larry Wilder.............................................................Advisor for Social Entrepreneurism and Innovation Emily Lowrie ............................................................................................................ Executive Assistant The Secretary of Commerce and Trade oversees the economic, community, and workforce development of the Commonwealth, ensuring that Virginia sustains its position as the preeminent place to live, work and conduct business. Each of the 13 Commerce and Trade agencies actively contributes to the Commonwealth's economic health and high quality of life. 52 SECRETARY OF COMMERCE AND TRADE BOARD OF ACCOUNTANCY Location: 9960 Mayland Drive, Suite 402 Henrico, Virginia 23233 (Tel) 804 367-8505 Fax (804) 527-4409 Internet: www.boa.virginia.gov Code Reference: § 54.1-4400 et seq. Purpose, Powers and Duties: The Board shall restrict the practice of public accounting and the use of the CPA title in Virginia to licensed persons and firms as specified in §§ 54.1-4409.1 and 54.1-4412.1. The Board shall have the responsibility of enforcing this chapter and may by regulation establish rules and procedures for the implementation of the provisions of this chapter. The Board shall have the power and duty to: 1. Establish the qualifications of applicants for licensure, provided that all qualifications shall be necessary to ensure competence and integrity. 2. Examine, or cause to be examined, the qualifications of each applicant for licensure, including the preparation, administration and grading of the CPA examination. 3. Promulgate regulations in accordance with the Administrative Process Act (§ 2.2-4000 et seq.) necessary to assure continued competency, to prevent deceptive or misleading practices by licensees, and to effectively administer the regulatory system. 4. Levy and collect fees for the issuance, renewal, or reinstatement of Virginia licenses that are sufficient to cover all expenses of the administration and operation of the Board. 5. Levy on holders of Virginia licenses special assessments necessary to cover expenses of the Board. 6. Initiate or receive complaints concerning the conduct of holders of Virginia licenses or concerning their violation of the provisions of this chapter or regulations promulgated by the Board, and to take appropriate disciplinary action if warranted. 7. Initiate or receive complaints concerning the conduct of persons who use the CPA title in Virginia under the substantial equivalency provisions of § 54.1-4411 or firms that provide attest services or compilation services to persons or entities located in Virginia under the provisions of subsection C of § 54.1-4412.1, and to take appropriate disciplinary action if warranted. 8. Initiate or receive complaints concerning violations of the provisions of this chapter or regulations promulgated by the Board by persons who use the CPA title in Virginia under the substantial equivalency provisions of § 54.1-4411 or firms that provide attest services or compilation services to persons or entities located in Virginia under the provisions of subsection C of § 54.1-4412.1, and to take appropriate disciplinary action if warranted. 9. Revoke, suspend, or refuse to reinstate a Virginia license for just causes as prescribed by the Board. 10. Revoke or suspend, for just causes as prescribed by the Board, a person's privilege of using the CPA title in Virginia under the substantial equivalency provisions of § 54.1- 4411 or a firm's privilege of providing attest services or compilation services to persons or entities located in Virginia under the provisions of subsection C of § 54.1-4412.1. 11. Establish requirements for peer reviews. 12. Establish continuing professional educational requirements as a condition for issuance, renewal, or reinstatement of a Virginia license. 13. Expand or interpret the standards of conduct and practice in § 54.1-4413.3. 14. Enter into contracts necessary or convenient for carrying out the provisions of this chapter or the functions of the Board. 15. Do all things necessary and convenient for carrying into effect this chapter and regulations promulgated by the Board. Composition: The Board shall consist of seven members appointed by the Governor as follows: one member shall be a public member who may be an accountant who is not licensed but otherwise meets the requirements of clauses (i) and (ii) of § 54.1- 107; one member shall be an educator in the field of accounting who holds a Virginia license; four members shall be holders of Virginia licenses who have been actively engaged in providing services to the public for at least three years prior to appointment to the Board; and one member shall hold a Virginia license and for at least three years prior to appointment to the Board shall have been actively engaged in providing services to the public or in providing services to or 53 SECRETARY OF COMMERCE AND TRADE on behalf of an employer in government or industry. The Board shall employ an Executive Director who shall serve at the pleasure of the Board. The Office of the Attorney General shall provide counsel to the Board. Term: Four years; no more than two successive full terms Executive Director: Wade A. Jewell Membership: Gubernatorial Appointees Andrea M. Kilmer, Virginia Beach ......................................... term expires 6/30/18 D. Brian Carlson, Virginia Beach ........................................... term expires 6/30/19 Susan Q. Ferguson, Harrisonburg ........................................... term expires 6/30/19 Matthew Paul Bosher, Richmond ........................................... term expires 6/30/20 Stephanie Saunders, Virginia Beach ....................................... term expires 6/30/20 Laurie Ann Warwick, Ashburn ............................................... term expires 6/30/20 William Russell Brown, Providence Forge ............................. term expires 6/30/21 DEPARTMENT OF SMALL BUSINESS AND SUPPLIER DIVERSITY Location: 101 North 14th Street 11th Floor Richmond, Virginia 23219 Tel. (804) 786-6585 │ Fax (804) 786-9736 Internet: www.sbsd.virginia.gov Code Reference: § 2.2-1603 Purpose, Powers and Duties: To promote small, women-owned, and minority-owned businesses; coordinate the state government programs that affect the establishment, preservation, and strengthening of these businesses; and serve as the liaison between the Commonwealth’s existing business and state government in order to promote the development of Virginia’s economy Term: Pleasure of the Governor for a term coincident with that of the Governor. Director: Tracey Jeter VIRGINIA SMALL BUSINESS FINANCING AUTHORITY Code Reference: § 2.2-2280 Purpose, Powers and Duties: To provide financial assistance to small businesses in the Commonwealth. Composition: The Board shall consist of the State Treasurer or their designee, the Director of the Department of Small Business and Supplier Diversity, and nine members who are not employees of the Commonwealth or of any political subdivision thereof who shall be appointed by the Governor and who shall have such small business experience as he deems necessary or desirable. Term: Appointments shall be for terms of four years, except that appointments to fill vacancies shall be made for the unexpired terms. No member appointed by the Governor shall serve more than two complete terms in succession. Executive Director: vacant Chairman: Gail L. Letts Membership: Gubernatorial Appointees Corey Holeman, Woodbridge ................................................. term expires 6/30/18 54 SECRETARY OF COMMERCE AND TRADE Gail Letts, Richmond. .......................... ................................... term expires 6/30/18 John M. Hopper, Richmond .................................................... term expires 6/30/19 Michael Joyce, Richmond ....................................................... term expires 6/30/19 Linh D. Hoang, Fairfax ........................................................... term expires 6/30/20 Monique Stewart Johnson, Richmond .................................... term expires 6/30/20 William J. Smith, Wytheville .................................................. term expires 6/30/20 Neil Amin, Chester ................................................................. term expires 6/30/21 Designated Members Manju Ganeriwala, State Treasurer Tracey Jeter, Director, Department of Small Business & Supplier Diversity VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP AUTHORITY Location: 901 East Cary Street Post Office Box 798 Richmond, Virginia 23219 Tel. (804)545-5600 Fax (804) 545-5611 Internet: www.yesvirginia.org Code Reference: § 2.2-2234 Purpose, Powers and Duties: To encourage, stimulate, and support the development and expansion of the economy of the Commonwealth by carrying out the duties and responsibilities outlined in this chapter. The authority will report annually to the Governor on the status of

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