Source: https://law.onecle.com/virginia/professions-and-occupations/54.1-4402.html
Timestamp: 2019-07-22 04:02:55
Document Index: 584128318

Matched Legal Cases: ['§ 54', '§ 54', '§ 54', '§ 2', '§ 54', '§ 54', '§ 54', '§ 54']

Code of Virginia - Title 54.1 Professions And Occupations - Section 54.1-4402 Board; membership; qualifications; powers and duties - Legal Research
Code of Virginia - Title 54.1 Professions And Occupations - Section 54.1-4402 Board; membership; qualifications; powers and duties
§ 54.1-4402. Board; membership; qualifications; powers and duties
A. The Board of Accountancy established under the former § 54.1-2000 and previously operating in the Department of Professional and Occupational Regulation is hereby continued and reestablished as an independent board in the executive branch of state government.
B. 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 using the CPA title 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 using the CPA title or in providing services to an employer in government or industry using the CPA title.
C. Members of the Board shall serve for terms of four years. The Governor may remove any member as provided in subsection B of § 2.2-108. Any member of the Board whose Virginia license is revoked or suspended shall automatically cease to be a member of the Board.
D. 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.
E. The Board shall restrict the provision of attest services and compilation services to persons or entities located in Virginia and to as specified in § 54.1-4412.1. However, this shall not affect the privilege of a person who is not licensed to say that financial statements have been compiled or to use the compilation language, as prescribed by subsections B and C of § 54.1-4401.
F. The Board shall take such actions as may be authorized by this chapter to ensure the continued competence of persons using the CPA title in Virginia and firms providing attest services or compilation services to persons or entities located in Virginia, and to aid the public in determining their qualifications.
G. The Board shall take such actions as may be authorized by this chapter to ensure that persons using the CPA title in Virginia and firms providing attest services or compilation services to persons or entities located in Virginia adhere to the standards of conduct and practice in § 54.1-4413.3 and regulations promulgated by the Board.
H. 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.
(2001, c. 832; 2003, c. 291; 2004, c. 602; 2007, c. 804.)
Sections: Previous 54.1-4400 54.1-4401 54.1-4402 54.1-4403 54.1-4404 54.1-4405 54.1-4405.1 54.1-4406 54.1-4407 54.1-4408 54.1-4409 54.1-4409.1 54.1-4409.2 54.1-4410 54.1-4411 Next