Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1913-08-22


to the compensation permitted by Sec
ton Alb Wisconsin statutes.
Section 2. This act shall take effect
upon passage and publication.
Approved May 26, 1918. Copy Law.
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CHAPTER 3S7, LAWS OF 1913.
AN ACT-To create sections 1636-202
to 1636-211, inclusive, of the stat
utes. relating to certified public ac-
countants, and appropriating certain
revenues and providing penalties.
The people of the state OF Wisconsin,
represented in Senate and Assembly,
do enact as follows:
Section 1. There are added to the
statutes ten new sections to read: Sec
ton 1636-202. /. The governor shall,
Of this act, appoint three suitable per-
sons, residents of the state OF Wlscon-
sin, who are hereby constituted
board by the name and style of THE
Wisconsin State Board of Accountant
cy." The members of said board, with
the exception of the members first to
be appointed, shall be holders Of GER
tificates issued under the PROVISIONS or
i've, shall hold office for term of
three years and until their successors
are appointed and qualified.
2. Of the members OF the board
first to be appointed, one shall be
professor of economics finance, &C
countancy or business administration
and commercial law in school or
higher learning, and two shall pc
skilled public accountants who shall, |
for not less than three consecutive
years, have been actually engaged IN
practice as public accountants. Such
members shall hold office one for
term of one year, one for term of
two years, and one for term of three
years. The term of office Of each shall
appointment. Any vacancy IN the board
shall be filled by the governor for the
uneXpired term.
3. The persons so appointed shall
meet and organize within thirty days
after their appointment and shall re-
organize each year thereafter. A ma
jority of said board shall constitute
quorum. They shall elect one of their
number as president, and another as
secretary and said officers shall hold
their respective offices for the term of
one year and until their successors are
elected and qualified The affirmative
vote of two members of said board
shall be considered as the action of
said board except in actions relative
to the revocation OF any certificate as
provided for in subsection l of section
1636-206. In all such cases three af-
f1rmative votes shall be considered the
action of said board.
T. The governor may remove for
cause any or all members of said
board, upon hearing of which .rea-
sonable notice shall have been given
5. In addition to the other duties
-211, inclusive, it shall be the general
duty of this board to foster the stan
dard of education pertaining to the
science and art of accountancy, not
ests of individual and organized bust
ness enterprises but in it's relation
ship to the welfare of government,
both general and local. This board
shall endeavor, both within and with
out the profession of accountancy, to
bring about a better understanding OF
the relationship of the science of ac-
counting to the problems of public
Section 163s-2o3 1. No certificate
as a certified public accountant shall
citizen of the United States, or person
who has in good faith declared his in
tention of becoming such citizen, who
is over the age Of twenty-three years
and of good moral character and (ex-
cept under the provisions of section
1636-204) who shall have successfully
passed an examination in commercial
accounting, governmental accounting,
auditing, commercial law as affecting
accountancy and in such other sub
jects as the board may deem neces-
sary.
the board at least once in each year
at such times and places as may be de-
termined by them. The time and place
of holding examinations shall be adj
vertised for not less than three con-
secutive days, not less than thirty
days prior to the date of such exam
nation, in at least one daily news
Of fMilwaukee and in at least one daily
newspaper printed and published in
the city of Madison. Each applicant
shall also be notified by mail, by the
mentioned in the application, when
and where such examination will be
held. Such notice shall be mailed not
less than thirty days a; Prior Pinn to the date
8. All certificates issued under the
provisions of sections 1636-202 to
1S36-211, inclusive, shall be signed by at
least two members Of the board. The
board shall record it's proceedings, list
all certificates issued and revoked and
shall maintain such other records as
may be necessary or desirable and all
records shall be open to the inspection
of the public at the office Of the sec
rotary of the board. The members of
the board shall have the power of ad-
to carry out the provisions Of sec
| lions 1636-202 to 1636-211, inclusive.
4. The board may make all needful
rules and regulations regarding the
! conduct of the examinations or their
| character or scope, the method and
time of filing applications for examin-
alton and their form and contents, and
all other rules and regulations neces-
| sary to carry into effect the purposes
of sections 1636-202 to 1636-211, in
| elusive.
Section 1sas-2o4 The. state board
of accountancy may in it's discretion
waive out the examination of, and
! issue a certificate to- any person pos
sessing the qualifications mentioned in
subsection of section 1636-203 who
(a) is the holder of a certificate to
| practice as certified public account
| ant issued under the laws of any other
| state which extends similar privileges
/ to certified public accountants Of this
state, provided, that the requirements
of the law of such state are, in the
/ opinion of the board, equivalent to the
| requirements of the law of this state.
| (b) is the holder of certificate or
! license to practice as a pubic account
| provided, that the requirements of the
| law of such foreign government are,
| in the opinion of the board, equivalent
| to the requirements of the law of this
| state.
Co shall have had more than three