SB 0896 Permits temporary practice of foreign CPAs in this state
LR Number:3449S.02P Fiscal Note:3449-02
Committee:Financial and Governmental Organization
Last Action:05/14/02 - Reported Do Pass H Professional Registration & Journal page:H2064
Licensing Committee
Effective Date:August 28, 2002
Full Bill Text | All Actions | Available Summaries | Senate Home Page | List of 2002 Senate Bills
Current Bill Summary

SB 896 - This act allows temporary practice in this state by accountants from an outside state whose work in this state is incidental to their regular representation of a client.

The higher competency requirements for supervising attest services are separated from the requirements for supervising review and compilation services by the act. The requirement of a peer review of an accountant's license is also limited by the act to accounting firms, as is the issuance of review and compilation services.

The act allows the board to act by rule to permit licensed accountant's to perform certain services on a contingency fee basis.