Table 2.

BOA Actions by CPA License State

State	Political Affiliationa	BOA Actionsb	CPAs licensed in Statec	Issuers in Stated
Arkansas	Red	1	5847	19
Arizona	Red/Blue	8	11,221	132
California	Red/Blue	27	94,727	1182
Colorado	Blue	12	18,960	310
Connecticut	Blue	1	10,536	146
Delaware	Blue	1	2267	155
Florida	Red	23	36,523	373
Georgia	Red	3	20,766	156
Illinois	Red/Blue	8	36,911	416
Indiana	Red	3	12,166	81
Iowa	Red/Blue	3	6553	45
Kansas	Red/Blue	2	7958	50
Kentucky	Blue	3	8247	40
Louisiana	Red	1	10,385	32
Maryland	Red/Blue	3	20,114	194
Massachusetts	Red/Blue	6	18,203	680
Michigan	Red/Blue	4	42,868	92
Missouri	Blue	5	3859	77
Nebraska	Red	3	4363	52
Nevada	Red	12	3264	175
New Hampshire	Red	1	5052	12
New Jersey	Red	13	27,596	303
New York	Red/Blue	30	101,709	1203
North Carolina	Red/Blue	5	21,163	124
Ohio	Red	2	32,964	210
Oklahoma	Red	2	10,952	49
Oregon	Blue	1	7802	35
Pennsylvania	Red/Blue	8	26,328	414
South Carolina	Red	1	6211	27
Texas	Red	11	68,425	691
Utah	Red	14	5664	76
Virginia	Red/Blue	3	27,628	152
Washington	Blue	10	18,771	112
Wisconsin	Red	3	12,279	118
Wyoming	Red	1	1190	2
Sub-total		234	741,522	7935
Other 20 statese		0	91,603	360
Total		234	833,152	8295

^aPolitical party(ies) of the governors during the period of our analyses

^bRelated to CPAs sanctioned by the PCAOB from May 2005 to May 2018. Available at: PCAOB.org

^cData provided by NASBA for 2017 (except Delaware and Utah which are for 2016). Includes active and inactive CPAs. As of April 22, 2016, there were 664,532 US active CPAs (see: https://nasba.org/app/uploads/2016/05/PR_Official-Active-CPA-Statistic-Press-Release_Final-052416.pdf), suggesting that approximately 80% of these CPA data are active CPAs

^dData from Audit Analytics based on US issuers’ 2017 annual reports

^eExcludes US territories