Connecticut Administrative Code › Title 20 - Professional and Occupational Licensing, Certification › 280 - Issuance of Certified Public Accountant Certificate by Written Examination › Rules of Professional Conduct › Section 20-280-15b - Definitions

Current through July 10, 2024
Unless otherwise defined in section 20-279b of the
				  Connecticut General Statutes, for the purposes of sections
				  20-280-15a
				  to
				  20-280-16,
				  inclusive, and sections
				  20-280-20
				  to
				  20-280-28,
				  inclusive, of the Regulations of Connecticut State Agencies the following terms
				  have the meanings indicated:
(1)
				"Accreditation" means a level of the quality control of the education process
				provided by specialized or professional regional or national accrediting
				organizations recognized by the Council for Higher Education Accreditation.
(2) "Adjudication" means the board
				process in which a sanction may be imposed.
(3) "Attest documentation" means
				documentation used to provide attest services as defined in Section 20-279b of
				the Connecticut General Statutes.
(4) "Audit" means procedures performed in
				accordance with applicable auditing standards for the purpose of expressing or
				disclaiming an opinion on the fairness with which the historical financial
				information is presented in conformity with generally accepted accounting
				principles, another comprehensive basis of accounting, or basis of accounting
				described in the report.
(5)
				"Client" means the person or entity which retains a licensee for the
				performance of professional services.
(6) "Commissioner" means the Commissioner of
				Consumer Protection or his designee.
(7) "CPA" means a certified public
				accountant.
(8) "Continuing
				professional education year" ("CPE year") means a period commencing on July 1
				and ending on June 30 of the succeeding year.
(9) "Department" means the Department of
				Consumer Protection.
(10)
				"Enterprise" means any person or entity, whether organized for profit or not,
				with respect to which a licensee performs professional services.
(11) "Financial statements" means statements
				and notes to the financial statements related thereto that purport to show
				financial position which relates to a point in time or changes in financial
				position which relate to a period of time, including statements which use a
				cash or other incomplete basis of accounting. The term includes balance sheets,
				statements of income, statements of retained earnings, statements of changes in
				financial position and statements of changes in owners' equity, but does not
				include incidental financial data included in management advisory services
				reports to support recommendations to a client, nor does it include tax returns
				and supporting schedules.
(12)
				"Freedom of Information Act" means chapter 14 of the Connecticut General
				Statutes.
(13) "Group program"
				means an educational process designed to permit a participant to learn a given
				subject through interaction with an instructor and other participants. If a
				program complies with the standards specified in 20-280-15a to 20-280-16,
				inclusive, and sections
				20-280-20
				to
				20-280-28,
				inclusive, of the Regulations of Connecticut State Agencies it is a "formal"
				group program.
(14) "He, his, him"
				means masculine pronouns when used in sections
				20-280-15a
				to
				20-280-16,
				inclusive, and sections
				20-280-20
				to
				20-280-28,
				inclusive, of the Regulations of Connecticut State Agencies also include the
				feminine and the neuter.
(15)
				"Instructional design" means a teaching plan that considers the organization
				and interaction of the materials as well as the method of presentation, such as
				lecture, seminar, workshop, or programmed instruction.
(16) "Interactive self-study program" means
				any program designed to use interactive learning methodologies that simulate
				classroom learning processes by employing software, other courseware or
				administrative systems that provide significant ongoing interactive feedback to
				the participant regarding the participant's learning process.
(17) "License" means any license,
				certificate, or registration granted by the board.
(18) "Order" means the whole or part of any
				final disposition of an adjudication.
(19) "Person" means any individual,
				partnership, corporation, association, or other public or private entity,
				organized or existing under the laws of this state or any other state, or the
				federal government, including any federal corporation or foreign
				entity.
(20) "Personal Data Act"
				means chapter 55 of the Connecticut General Statutes.
(21) "Professional engagement" means an
				agreement between a client and a licensee relative to the performance of
				professional services and the services performed under this
				agreement.
(22) "Program" means
				both formal group and formal self-study programs.
(23) "Professional services" means any
				services performed or offered to be performed by a licensee for a client in the
				course of the practice of public accountancy.
(24) "PCAOB" means the Public Company
				Accounting Oversight Board.
(25)
				"Qualifying CPE program sponsor" means the AICPA and any state CPA society, any
				accredited college or university, any member of NASBAs National Registry of CPE
				sponsors, and any person, firm, association, legal entity or other group
				recognized by the board.
(26)
				"Registered" means, when used in the context of a certificate, registration
				pursuant to subsection (f) of section 20-281c of the Connecticut General
				Statutes.
(27) "Sanction" means
				revocation or suspension of a license, or a censure of the license.
(28) "Self-study program" means an
				educational process designed to permit a participant to learn a given subject
				without major interaction with an instructor, and where the sponsor of the
				program provides the participant with a certificate upon evidence of
				satisfactory completion, such as an examination, and complies with the
				standards specified in sections
				20-280-15a
				to
				20-280-16,
				inclusive, and sections
				20-280-20
				to
				20-280-28,
				inclusive, of the Regulations of Connecticut State
				Agencies.