The Honorable Patricia Billie Miller, Room 4016
Co-Chairs, General Government A Subcommittee
Connecticut General Assembly
Legislative Office Building, State of Connecticut, Hartford, CT 06106
CONSUMER COUNSEL, HEALTHCARE ADVOCATE AND BOARD OF ACCOUNTANCY TO THE DEPARTMENT OF
Sec. 43. Section 20-280
(CSCPA), we're writing to express our support for the General Assembly as it faces its difficult mission this session:
getting Connecticut back on the path to fiscal stability.
Connecticut's fiscal challenges. We listened to Governor Malloy's budget address, and we completely understand and
support his call for "shared sacrifice." In fact, immediately upon his election we communicated our concerns about
Connecticut's fiscal situation to him.
efficiency are not one and the same.
Protection. The SBOA is different from many other boards and agencies for several reasons, and we believe these rea-
sons support the SBOA's continued staff sufficiency.
knowledgeable in the numerous technical facets of the public accounting profession. If the board is severed from its
knowledge base, Connecticut's public and business communities will be harmed.
Connecticut accounting statutes. Knowledge of this Code and its application in practice is essential for the voluntary
SBOA to discharge its enforcement responsibilities. We are concerned that this capability may not currently exist within
the Department of Consumer Protection.
year ending June 30, 2010 of more than $2.7 million. During that same period, its operating budget required expenditures of
less than $350,000. That's a net operating surplus (profit) of almost $2.4 million. Stated modestly, that's quite a "return on
investment." If the SBOA were to forfeit its resources, this return will be diminished if not lost entirely. Certainly an operating
margin of this amount justifies a technical point person for the SBOA within the Department of Consumer Protection.
believe maintaining a SBOA supported by appropriate staff resources is critical to serving and protecting the myriad busi-
nesses and citizens of our state. Accordingly, we ask that you continue to provide a technically qualified and experienced
staff person as you consolidate agencies.