reglab/statecodes huggingface dataset:
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter IV - Examination › Section Accy 2.304 - Candidates for examination

Current through June 24, 2024
(1) A candidate shall be
										allowed to sit for each section of the uniform certified public accountant examination
										individually.
(2) A candidate shall retain credit for any section
										passed for 18 months. A candidate may retake a section once the grade for the previous attempt of the same
										section has been released.
(3) A candidate must pass all sections
										of the uniform certified public accountant examination within a rolling 18-month period that begins on the
										date that the first section is passed.
(4) If any section of the
										uniform certified public accountant examination is not passed within the rolling 18-month period, credit for
										any section passed outside the 18-month period shall expire and that section shall be retaken.
(5) The board may on a case-by-case basis extend the 18-month period of
										credit for sections of the Uniform CPA Examination passed, or the duration of the 18-month rolling period,
										upon the applicant showing to the board's satisfaction that the inability to pass all sections of the
										examination within the 18-month period was due to one of the following:
(a)
										The sickness of the candidate or a member of the candidate's immediate family if the candidate substantiates
										the illness by a doctor's certificate.
(b) A death in the
										candidate's immediate family if the candidate provides proof of death.
(c) Temporary military service.
(d) Other good reason deemed acceptable by the board.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter IV - Examination › Section Accy 2.305 - Cheating on examination

Current through June 24, 2024
(1) Cheating on the certified public
						accountant examination is a serious breach of integrity and indicates a lack of
						good professional character. Cheating on an examination includes any of the
						following:
(a) Communications concerning an
						examination being taken between candidates inside or outside of the examination
						room, or copying another's answers.
(b) Communications concerning an examination
						being taken with accomplices outside of the examination room.
(c) Substitution by a candidate of another
						person to sit in the examination room for the candidate and take one or more of
						the examination questions for the candidate.
(d) Reference to "crib notes," test books,
						electronic media, or other materials, other than those provided to the
						candidate as part of the examination, inside or outside of the examination room
						during periods examinations are being taken.
(e) Divulging the nature or content of any
						examination question or answer to any individual or entity subsequent to the
						conclusion of the examination.
(f)
						Removing any examination materials, notes or other similar materials from the
						examination room.
(g) Falsifying or
						misrepresenting educational credentials or other information required for
						admission to the examination.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter IV - Examination › Section Accy 2.306 - Professional ethics examination

Current through June 24, 2024
(1) A candidate for
						a certified public accountant certificate shall successfully pass an open book
						professional ethics examination on statutes and rules governing the practice of
						public accounting in Wisconsin.
(2)
						The passing grade on the professional ethics examination is 80.
(3) A candidate who fails to achieve a
						passing score on the professional ethics examination is not eligible for
						reexamination for 30 days following notification of the failure. A candidate
						who fails to achieve a passing score upon reexamination is not eligible for
						another reexamination for 90 days following notification of the reexamination
						failure.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter IV - Examination › Section Accy 2.307 - Examination review

Current through June 24, 2024
(1) An applicant for the certified public
						accountant examination may request a review of his or her examination from the
						National Association of State Boards of Accountancy.
(2) An applicant who fails the professional
						ethics examination may request a review of the examination. The following
						conditions apply:
(a) The applicant shall file
						a written request to the board within 30 days of the date on which examination
						results were mailed and pay the fee under s.
						SPS
						4.05.
(b)
						Examination reviews are by appointment only and shall be limited to one
						hour.
(c) Reviews shall be
						conducted prior to the time an applicant applies to retake the
						examination.
(d) An applicant may
						review each failed examination only once.
(e) The examination may be reviewed by
						telephone. During a telephone review an applicant shall be provided with the
						statute or administrative code reference number and the topic of the test
						questions the applicant failed.
(f)
						An applicant may not be accompanied during the review by any person other than
						the proctors.
(g) Bound reference
						books shall be permitted in the review.
(h) Applicants may not remove any notes from
						the review. Notes shall be retained by the proctor.
(i) The proctor shall not respond to
						inquiries by the applicant regarding allegations of examination
						error.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter IV - Examination › Section Accy 2.308 - Transfer of scores

Current through June 24, 2024
Applicants who have passed all or part of the uniform
							certified public accountant examination in another jurisdiction but who have
							not yet received their certified public accountant certificate shall be able to
							transfer scores in subjects passed to Wisconsin provided that:
(1) Scores transferred must be certified to
						the board by the other jurisdiction and must be passed in accordance with rules
						applicable to Wisconsin candidates.
(2) Transfer of scores must be accepted by
						board action and the applicant notified in a manner similar to the action on
						scores for Wisconsin applicants.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter V - Experience › Section Accy 2.401 - Review of candidate's experience

Current through June 24, 2024
(1) Following the
						successful passing of each section of the uniform CPA examination and upon
						written request by a candidate, a candidate's experience shall be reviewed by
						the board. The written request shall include employer verification statements
						and information on experience to update the experience data already in the
						candidate's file. Such evaluation will determine whether the candidate
						qualifies at that time under the requirement of having at least one year of
						public accounting experience or its equivalent, the sufficiency of the
						experience or the equivalency to be judged by the board. The board shall inform
						the candidate if additional experience is needed. Upon gaining the required
						additional experience, the candidate shall notify the board and provide
						verification.
(2) Experience may
						consist of providing any type of services or advice using accounting, attest,
						compilation, management advisory, financial advisory, tax, or related
						consulting skills.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter V - Experience › Section Accy 2.402 - Experience evaluation

Current through June 24, 2024
(1) The board shall evaluate public
						accounting experience and equivalent experience at each regularly scheduled
						board meeting. Evaluations may be made at special meetings, but normally will
						not be scheduled at such meetings.
(2) The board shall review the candidate's
						experience on written request by the candidate. Among the areas of experience
						that may be considered by the board are the following:
(a) Experience in accounting in industry and
						government may be considered equivalent to public accounting when it requires
						high levels of knowledge, competence and judgment.
(b) Experience in teaching accounting may be
						considered equivalent to public accounting when it is at an advanced and
						specialized level of accounting. Courses taught in areas other than accounting
						do not qualify as public accounting experience.
(c) Experience in law may be considered
						equivalent to public accounting when it is at a level with responsibility for
						independent accounting decisions and requires high levels of accounting
						knowledge, competence and judgment.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter V - Experience › Section Accy 2.403 - Public accounting experience

Current through June 24, 2024
An individual must have at least one year of public
				  accounting experience or its equivalent as determined by the board. Experience
				  shall be acquired after the applicant has satisfied one of the requirements
				  under s.
				  Accy
				  2.303. This experience must have been acquired within
				  5 years prior to applying for the certification as a certified public
				  accountant.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter V - Experience › Section Accy 2.404 - Experience; general

Current through June 24, 2024
(1) The nature and level of an employee's
						position or job title and position description is considered.
(2) Part-time employment can be counted
						proportionately, but normally is given little weight. If part-time employment
						is combined with full-time employment, the full-time employment is normally
						given the most weight.
(3) No more
						than one day of experience is allowed for any calendar day.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter VI - Licensure › Section Accy 2.501 - Requirements for renewal and reinstatement of individual licenses

Current through June 24, 2024
(1) RENEWAL BEFORE 5 YEARS. An individual
				certified public accountant who files an application for renewal of a license
				within 5 years after the renewal date may renew his or her license by filing
				with the board all of the following:
(a) An
				application for renewal on a form prescribed by the department that includes
				the applicant's representation under penalties of perjury that, during the
				2-year period immediately preceding the date of application, the applicant has
				completed at least 80 continuing professional development credits meeting the
				requirements under s.  Accy 2.602.
(b) The fee determined by the department
				under s. 440.03(9) (a), Stats., and the applicable late renewal fee specified
				in s. 440.08(3) (a), Stats.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter VII - Continuing Professional Education › Section Accy 2.601 - Definitions

Current through June 24, 2024
In this subchapter:
(1) "Compliance period" means the 2-year
				period immediately preceding the renewal date under s. 440.08(2) (a) 1,
				Stats.
(2) "CPE" means continuing
				professional education.
(3)
				"Inactive certificate holder" means an individual who holds an unrevoked
				certificate as a certified public accountant granted under s. 442.04(1),
				Stats., and who does not hold a current license to practice as a certified
				public accountant issued under s. 442.08(1), Stats.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter VII - Continuing Professional Education › Section Accy 2.602 - CPE requirements for certified public accountants

Current through June 24, 2024
(1) COMPLETION
				OF CPE CREDITS. During each compliance period, a licensee shall complete at
				least 80 CPE credits that contribute to growth in professional knowledge and
				professional competence. At least 20 CPE credits shall be completed during each
				12-month period of each compliance period. The 80 CPE credits shall include not
				less than 40 CPE credits from formal learning activities meeting the
				requirements under s.  Accy 2.603(1) and (2).
(2) CPE RELATED TO ETHICS. Three of the CPE
				credits from formal learning activities required under sub. (1) or (5) shall be
				on the subject of ethics.
(3) CREDIT
				FOR FORMAL AND INFORMAL LEARNING ACTIVITIES. Fifty minutes of participation in
				a formal or informal learning activity is equal to one CPE credit. CPE credits
				may be claimed in increments of one-tenth of a credit, which is equal to 5
				minutes of participation in a formal or informal learning activity.
(4) CREDIT FOR CPE FROM ANOTHER JURISDICTION.
				A licensee holding a current unrevoked CPA license issued by any other United
				States CPA licensing jurisdiction shall meet the requirements under subs. (1)
				and (2) if the licensee is in compliance with the continuing professional
				education or continuing professional development CPA licensing requirements of
				the jurisdiction in which the other license is held.
(5) EXEMPTION FOR NEW LICENSEES AND INACTIVE
				CERTIFICATE HOLDERS.
(a) The requirements
				under sub. (1) are reduced by one-half for a compliance period during which a
				CPA is initially licensed during the first year of such compliance period, and
				do not apply to a compliance period during which a CPA is initially licensed
				during the second year of such compliance period.
(b) The requirements under sub. (1) do not
				apply to an inactive certificate holder to whom all of the following apply:
1. The certificate holder does not practice
				as a certified public accountant within the meaning of s. 442.02(1m),
				Stats.
2. The certificate holder
				does not use the title or designation of "certified public accountant" without
				the word "inactive."
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 2 - Individual Certification And Licensure › Subchapter VII - Continuing Professional Education › Section Accy 2.603 - Criteria for acceptance of learning activities

Current through June 24, 2024
(1) QUALIFYING
				LEARNING ACTIVITIES. Acceptable formats for formal and informal learning
				activities include all of the following:
(a)
				Attending lectures.
(b)
				Participating in online webinars and webcasts.
(c) Completing self-study courses developed
				by vendors.
(d) Teaching a
				course.
(e) Performing independent
				research.
(f) Listening to
				podcasts.
(g) Watching
				videos.
(h) Reading books and
				articles.
(i) Attending
				meetings.
(j) Engaging in learning
				activities similar to those under pars. (a) to (i) that enhance a participant's
				professional growth and competence.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 3 - Endorsement › Subchapter II - Certification by Endorsement and Reciprocity › Section Accy 3.101 - Certificate by endorsement evaluation

Current through June 24, 2024
(1) An applicant
						may receive a certified public accountant certificate by endorsement if the
						applicant satisfies one of the following requirements:
(a) The applicant meets the Wisconsin
						requirements for the certified public accountant certificate existing at the
						time of the application.
(b) The
						applicant provides evidence satisfactory to the board that he or she meets all
						of the following requirements:
1. The
						applicant holds a current certificate as a certified public accountant issued
						by another state.
2. The applicant
						has passed the uniform certified public accountant examination.
3. The applicant has practiced in good
						standing for at least 5 years following initial licensure within the 10 years
						immediately preceding application under this section; or the applicant has
						practiced public accounting for at least 5 years following initial licensure
						and demonstrates that he or she has participated in a program of continuing
						professional education which is satisfactory to the board.
(c) The applicant has been approved under s.
						Accy
						3.202.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 3 - Endorsement › Subchapter II - Certification by Endorsement and Reciprocity › Section Accy 3.102 - Citizenship and residency qualifications for endorsement

Current through June 24, 2024
(1) Candidates are
				not required to be citizens of the United States.
(2) Each candidate must qualify under
				Wisconsin requirements for education, experience, examination, good
				professional character, and professional ethics.
(3) Requirements are the same under s.
				442.05, Stats., as s. 442.04, Stats., except that holders of certified public
				accountant certificates in good standing from other jurisdictions are permitted
				to qualify under experience requirements if they received their certified
				public accountant certificates prior to July 1, 1968, under the grandfather
				provisions applicable to Wisconsin candidates.
(4) Qualification under examination
				requirements in states with different conditional credit rules are evaluated
				and passed or denied based on merit for each candidate. Uniform certified
				public accountant examination grades are required except for candidates from
				states where the uniform examination had not yet been adopted at the time the
				individual wrote the examination. Such grades will be evaluated based on merit,
				and in conjunction with levels and amounts of experience.
(5) Qualification must be properly documented
				by the candidate with adequate evidence provided to the board.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 3 - Endorsement › Subchapter II - Certification by Endorsement and Reciprocity › Section Accy 3.103 - Reciprocal credentials for service members, former service members, and their spouses

Current through June 24, 2024
A reciprocal certified public accountant certificate shall
				  be granted to a service member, former service member, or the spouse of a
				  service member or former service member who the board determines meets all of
				  the requirements under s. 440.09(2), Stats. Subject to s. 440.09(2m), Stats.,
				  the board may request verification necessary to make a determination under this
				  section.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 3 - Endorsement › Subchapter III - Foreign Endorsement Candidates › Section Accy 3.201 - Foreign candidates

Current through June 24, 2024
(1) Candidates holding certifications from
						foreign countries shall establish their qualifications for a certificate by
						endorsement as set forth in ss.
						Accy 3.002
						and
						3.102, or in s.
						Accy
						3.202.
(2)
						Except as provided in s.
						Accy
						3.202, education qualifications in foreign countries
						are not comparable to those in Wisconsin. As no foreign school is accredited by
						an accrediting agency that is recognized by the secretary of the federal
						department of education, evidence of acceptance without deficiency into a
						graduate program in a school accredited by an agency that is recognized by the
						secretary of the federal department of education will be accepted as evidence
						of equivalence for a bachelor's or higher degree.
(3) Except as provided in s.
						Accy
						3.202, examinations in foreign countries have not been
						established as being comparable to those in the United States. Candidates must
						establish at least minimum qualifications in United States practice related to
						areas of business law, federal income taxes, generally accepted auditing
						standards, and generally accepted accounting principles. The taking of uniform
						certified public accountant examinations in these areas would be adequate
						evidence, although other evidence may be accepted if validated.
(4) Except as provided in s.
						Accy
						3.202, experience must include practice using United
						States related techniques as noted in sub. (3). Experience will be considered
						on its merit without restriction as to where it was acquired, so long as it is
						relevant to United States practice.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 3 - Endorsement › Subchapter III - Foreign Endorsement Candidates › Section Accy 3.202 - International mutual recognition agreement

Current through June 24, 2024
(1) In this
						section:
(a) "International qualification
						examination" means the examination prepared by the American institute of
						certified public accountants to test differences between the accounting
						standards used in the United States and the accounting standards used in other
						countries.
Note:
The international qualification
							examination covers ethics, professional and legal responsibilities, business
							law, uniform commercial code, federal taxation and accounting issues, business
							structure, accounting and reporting for governmental and not-for-profit
							organizations, and recent regulatory issues.
(b) "International qualifications appraisal
						board" means the entity jointly created by the national association of state
						boards of accountancy and the American institute of certified public
						accountants to evaluate whether a professional accounting credential issued by
						a credentialing authority in a foreign country is substantially equivalent to
						the credentialing standards used in the United States.
(c) "Mutual recognition agreement" means an
						agreement entered into by the national association of state boards of
						accountancy and the American institute of certified public accountants and a
						foreign credentialing authority, after the equivalence of the foreign
						credential has been determined by the international qualifications appraisal
						board.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 5 - Firm Licensure › Subchapter I - Application for Firm Licensure › Section Accy 5.101 - Firm license

Current through June 24, 2024
A firm shall meet the ownership requirements of s.
							442.08(2) (c)
							2, Stats., and be licensed as a certified public accountant if any member of
							the firm practices as a certified public accountant in Wisconsin. An individual
							licensed as a CPA may only provide attest services, as defined in s.
							442.001(1),
							Stats., in a CPA firm that has a firm license.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 5 - Firm Licensure › Subchapter I - Application for Firm Licensure › Section Accy 5.102 - Licensure application requirements for firms

Current through June 24, 2024
A firm that files an application for licensure shall submit
							an application that:
(1) Identifies
						each office of the firm that is located in this state.
(2) If any person who holds an ownership
						interest in the firm is not a licensed certified public accountant, designates
						an individual licensed as a certified public accountant in Wisconsin as the
						individual responsible for the firm's compliance with ch. 442, Stats.
(3) Demonstrates, to the satisfaction of the
						department, each of the following:
(a) That
						all attest services provided by the firm in this state are under the charge of
						an individual licensed as a certified public accountant.
(b) That more than 50% of the ownership
						interest of the firm is held by individuals who hold certificates or licenses
						to practice as a certified public accountant issued under the laws of any state
						or foreign country.
(c) That each
						person who holds an ownership interest in the firm and who does not hold a
						certificate or license to practice as a certified public accountant is an
						individual who actively participates in the firm or an affiliated
						entity.
(d) That the applicant has
						satisfied the peer review requirements in s.
						442.087, Stats., and ch. Accy
						6.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 5 - Firm Licensure › Subchapter III - Offices; Internet Practice › Section Accy 5.302 - Firms without office in this state

Current through June 24, 2024
Firms without a bona fide office in this state, as described
							in s.
							Accy
							5.303(2), may be licensed if there is
							a licensed Wisconsin certified public accountant designated as the individual
							responsible for the firm's compliance with ch. 442, Stats., for the Wisconsin
							engagement or engagements.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 5 - Firm Licensure › Subchapter III - Offices; Internet Practice › Section Accy 5.303 - Out-of-state firm with a bona fide office in Wisconsin but no resident partner or stockholder

Current through June 24, 2024
(1) Out-of-state firms with a bona fide
						Wisconsin office, as described in sub. (2), but with no Wisconsin resident
						member of a firm, may be licensed to practice in Wisconsin provided that there
						is a licensed Wisconsin certified public accountant designated as the
						individual responsible for the firm's compliance with ch. 442, Stats., and all
						of the members of the firm with responsibility for the Wisconsin office are
						licensed in Wisconsin.
(2) A bona
						fide office is one which has the following characteristics:
(a)
Office facilities.
Readily identifiable as the certified public accountant's separate
						office.
(b)
Supervision.
Work performed by or through the office is under
						the direct supervision of one or more certified public accountants.
(c)
Certified public accountant
						availability.
A certified public accountant is present in the office
						on a regular basis and frequently.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 5 - Firm Licensure › Subchapter III - Offices; Internet Practice › Section Accy 5.304 - Internet practice

Current through June 24, 2024
A CPA firm offering or rendering professional services via
							an Internet site shall provide in the Internet site's homepage, a name, an
							address, and a principal state of licensure as a means for regulators and the
							public to contact a responsible licensee in charge at the firm regarding
							complaints, questions, or regulatory compliance.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 5 - Firm Licensure › Subchapter IV - Firm Members › Section Accy 5.401 - Change in members of a firm

Current through June 24, 2024
(1) The board shall
						be notified by the firm in writing of changes in the members of the firm or
						firm name or any of the following no later than 30 days after the change:
(a) Formation of a new firm.
(b) Termination of a firm.
(c) Change in the management of any branch
						office in this state.
(d)
						Establishment of a new branch office or the closing or change of address of a
						branch office in this state.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 6 - Peer Review › Subchapter I - Authority and Definitions › Section Accy 6.001 - Authority

Current through June 24, 2024
The rules in this chapter are adopted pursuant to the
							authority in ss. 15.08(5) (b),
							227.11(2) and
							442.087(3),
							Stats.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 6 - Peer Review › Subchapter I - Authority and Definitions › Section Accy 6.002 - Definitions

Current through June 24, 2024
As used in this chapter:
(1) "Engagement review" means a peer review
						in which the peer reviewer evaluates and reports on engagements submitted by a
						firm that performs at its highest level of service, only services under SSARS,
						or services under the SSAE that are not included in a system review in order
						for the peer reviewer to determine whether the engagements submitted for review
						conform to applicable professional standards in all material
						respects.
(2) "PCAOB" means the
						Public Company Accounting Oversight Board that conducts firm inspection of
						certified public accounting firms' Securities and Exchange Commission issuer
						practices and other engagements subject to its inspection process.
(3) "Peer review" means a study, appraisal,
						or review of one or more aspects of the attest services work of a licensee of a
						registered firm in the practice of public accounting, in accordance with a
						peer-review program, by a person or persons who hold licenses in this
						jurisdiction or another jurisdiction and who are not affiliated with the person
						or firm being reviewed.
(4)
(a) "Peer-review program" means the
						peer-review process developed and maintained by the American Institute of
						Certified Professional Accountants and administered by any of the following:
1. The Wisconsin Institute of Certified
						Professional Accountants.
2. A
						peer-review program administrator approved by a board that regulates certified
						public accountants in any other CPA licensing jurisdiction.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 6 - Peer Review › Subchapter III - Reports › Section Accy 6.201 - Report from peer-review program

Current through June 24, 2024
The peer-review program described under s.
							Accy 6.002(4) (a)
							1. shall report the following to the board by
							December 1 of each even-numbered year:
(1) A list of the names, addresses and
						license numbers of all firms that have undergone peer review within the
						preceding 36 months.
(2) An
						evaluation of the effectiveness of the peer reviews.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 6 - Peer Review › Subchapter IV - Conducting Peer Reviews › Section Accy 6.303 - Extensions

Current through June 24, 2024
The organization administering the peer-review program may
							grant extensions for completing peer reviews as long as the organization is
							notified by the firm within 14 days prior to the due date of the peer review.
							Extensions may be granted for any of the following reasons:
(1) An adverse health condition, including an
						illness or injury.
(2) Military
						service.
(3) Other good cause
						clearly outside of the control of the public accounting firm.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 6 - Peer Review › Subchapter IV - Conducting Peer Reviews › Section Accy 6.304 - Firm structure changes

Current through June 24, 2024
In the event a firm is merged, otherwise combined,
							dissolved, or separated, the organization administering the peer review shall
							determine which firm, if any, is considered to be the succeeding firm. The
							succeeding firm shall retain its peer review status and the review due
							date.
Wisconsin Administrative Code › Accounting Examining Board › Chapter Accy 9 - Peer Review (Renumbered) › Section Accy 9.02 - Requirement for firm license renewal (Renumbered)

Current through June 24, 2024
The following questions are intended to assist firms in
							determining whether a peer review is required for renewal. An affirmative
							response to any part of any question means that a peer review is required.
							Caution: This list is not exclusive. Refer to the standards if in doubt.
1. Does your firm audit SEC clients, including
							employer-sponsored plans required to file a form 11-K with the SEC?
2. Does your firm currently perform the following types of
							engagements?
*
Statements on Auditing Standards (SASs) -
							Audits?
*
Agreed-upon procedures?
*
Statements on Standards for Accounting and
							Review Services (SSARS)?
*
Reviews of financial statements?
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Compilations of financial statements with
							disclosures?
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Compilations of financial statements where
							"Selected Information-Substantially All Disclosures Required Are Not
							Included?"
¢Compilations of financial statements that omit
							substantially all disclosures?
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Statements on Standards for Attestation
							Engagements (SSAE)?
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Examinations of prospective financial
							statements under SAARS?
¢Compilations of prospective financial statements under
							SAARS?
¢Agreed-upon procedures of prospective financial
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Examinations of written assertions?
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Reviews of written assertions?
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Agreed-upon procedures of written
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Engagements under Government Auditing Standards
							(Yellow Book)?
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter I - Eligibility Requirements › Section AB 1.01 - Scope and purpose

Current through June 24, 2024
Chapters   AB 1   to  3   set forth standards and procedures
				  governing the administration of funds for grants-in-aid. Chapters   AB 1   to  3  
				  govern the board and staff, peer review panels, and all applicants for
				  grants-in-aid. Any actions taken by the board, its staff, or peer review panels
				  related to the review of applications and the distribution of grants shall be
				  clearly based on the standards and procedures in chs.   AB 1   to  3.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter I - Eligibility Requirements › Section AB 1.02 - Definitions

Current through June 24, 2024
Except where the context clearly requires otherwise, in chs.
				    AB 1   to  3:
(1) "Arts" includes, but is
				not limited to, instrumental or vocal music, dance, drama, folk art, creative
				writing, architecture and allied fields, painting, sculpture, photography,
				graphic and craft arts, industrial design, costume and fashion design, media
				arts, motion pictures, television, radio, tape and sound recording, the arts
				related to the presentation, performance, execution, and exhibition of major
				art forms, and the study and application of the arts to the human
				environment.
(2) "Base year" means
				the 12-month period preceding the current year.
(3) "Board" means the Wisconsin arts
				board.
(4) "Continuing applicant"
				means an applicant who has been admitted into a grant program and who
				participates in the program by submitting an application each year.
(5) "Current year" means the organization's
				most recent fiscal year completed on or before June 30.
(6) "Executive committee" means 5 officers of
				the board who hold certain powers of the board.
(7) "Fiscal receiver" means any Wisconsin
				organization holding nonprofit tax-exempt status under section 501 (c) (3) of
				the internal revenue code as defined in ss.
				71.01(6) and
				71.22(4),
				Stats., and qualified under section 170 (c) of the internal revenue code as
				defined in ss. 71.01(6) and
				71.22(4),
				Stats., or governmental unit which contracts with the board on behalf of an
				organization or group not meeting the nonprofit tax-exempt
				requirements.
(8) "Local arts
				agency" means an organization that represents local arts organizations or
				encourages local arts by providing services or funding.
(9) "Operational grant" has the meaning
				specified in s. 44.51(1m), Stats.
Note: Section 44.51(1m), Stats., was repealed.
(10) "Peer review panel" means a
				group of individuals appointed by the board to review applications, to advise
				the board on grant decisions, or to make recommendations on public policy in
				matters pertaining to art.
(11)
				"Project" means an activity or series of closely related activities for which
				funds are requested from the board and which shall be completed within the
				fiscal year.
(12) "Proration" means
				the process of evenly distributing the total amount of available grant funds
				among eligible applicants.
(13)
				"Public service" means an arts activity open to the general public and
				conducted to increase public awareness of the arts in the state of
				Wisconsin.
(14) "Raw award" means
				the award for which an applicant is eligible prior to proration. "
(15) "Regranting" means the process of
				allocating funds to local or regional arts organizations for the purpose of
				funding arts projects, programs or services selected by the local or regional
				arts organizations.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter I - Eligibility Requirements › Section AB 1.03 - Limitations on applications by an individual

Current through June 24, 2024
(1) An individual
				who has received a grant or fellowship of at least $5,000 is not eligible for
				another grant or fellowship until a 5-year period has elapsed since the
				individual applied for the prior grant or fellowship.
(2) An individual who has received a National
				Endowment for the Arts fellowship is not eligible for a board grant or
				fellowship until a 10-year period has elapsed since the individual applied for
				the National Endowment for the Arts fellowship.
(3) An individual may receive only one grant
				or fellowship, of any type, per year.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter I - Eligibility Requirements › Section AB 1.04 - Eligibility requirements

Current through June 24, 2024
(1) ORGANIZATIONS. An organization is an
				eligible applicant if it meets one of the following conditions:
(a) It is incorporated in this state; is
				exempt from federal income tax under section 501(c)(3) of the internal revenue
				code as defined in ss.
				71.01(6) and
				71.22(4),
				Stats.; donations are allowable to it as charitable contributions under section
				170(c) of the internal revenue code, as defined in ss.
				71.01(6) and
				71.22(4),
				Stats.; and it serves the arts in this state.
(b) It is a regional organization holding
				nonprofit status under the laws of another state and holding tax exempt status
				under section 501(c)(3) of the internal revenue code, as defined in ss.
				71.01(6) and
				71.22(4),
				Stats.; is qualified under section 170(c) of the internal revenue code, as
				defined in ss. 71.01(6) and
				71.22(4),
				Stats.; and serves the arts in this state.
(c) It is an organization not holding tax
				exempt status under section 501(c)(3) of the internal revenue code, as defined
				in ss. 71.01(6) and
				71.22(4),
				Stats., but will use a fiscal receiver if a grant is awarded.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter II - Grant Application Process › Section AB 1.05 - Application forms and deadlines

Current through June 24, 2024
(1) All
				applications for grants shall be made on the official current application forms
				for the applicable grant program available at the offices of the
				board.
(2) Application forms shall
				be available no later than 45 calendar days before the deadline date
				established by the board for submission of applications.
(3) All applications shall be postmarked by
				the deadline date set forth in the application form.
(4) The board is not responsible for any loss
				or damage to materials submitted with applications.
(5) All applications, supporting materials
				and literary examples of works of art shall be typed in the English language.
				Manuscripts may be submitted in languages other than English if a summary or
				synopsis of the work is furnished in English.
Application forms for all current granting programs are
					 available at the Wisconsin Arts Board at 101 East Wilson Street, 1st Floor,
					 Madison, Wisconsin, 53702.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter II - Grant Application Process › Section AB 1.06 - Work samples

Current through June 24, 2024
(1) Specific programs may require
				applications to include work samples by the applicant illustrating the highest
				quality work of the applicant to be reviewed by peer review panels.
(2) The type of work sample required and the
				maximum number of work samples to be submitted shall be set forth in the
				application form.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter II - Grant Application Process › Section AB 1.07 - Completed applications by organizations and units of government

Current through June 24, 2024
A completed application from an organization or unit of
				  government shall include the following:
(1) The appropriate application form,
				complete with responses to all requests for information.
(2) Budget information as stated in the
				application form.
(3) The name of
				the project director, if different from the contact person listed in the
				application.
(4) The signature of
				an authorizing official on the organizational assurances page of the
				application form.
(5) Where
				applicable, a completed application from an organization or unit of government
				shall include the following:
(a) A federal
				letter of tax-exempt determination.
(b) A copy of the contract between the
				applicant and a fiscal receiver specifying the responsibilities of each
				party.
(c) Work samples and stamped
				mailing envelope for returning samples of work.
(d) All resumes of people responsible for the
				administration of the grant.
(e)
				Lists of board members.
(f) Press
				clippings or reviews of prior programming.
(g) Copies of past final report forms for
				prior board grants.
(h) Where
				applicable, certified financial audits.
(i) Where applicable, long-range or strategic
				financial plans.
(j) Where
				applicable, an affirmative action plan or a request for exemption from the
				affirmative action plan requirement.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter II - Grant Application Process › Section AB 1.08 - Completed applications by individuals

Current through June 24, 2024
A completed application from an individual shall include the
				  following:
(1) The appropriate
				application form, complete with responses to all requests for information and
				signed by the applicant.
(2) A
				sample or samples of the applicant's finest artistic work.
(3) A resume or curriculum vitae.
(4) A personal statement that describes the
				applicants interests, abilities and experiences related to the subject matter
				of the application.
(5) Where
				applicable, a proposal explaining what the grant funds will be used for and how
				the grant funds will be spent.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter III - Application Review Process › Section AB 1.09 - Review of completed applications

Current through June 24, 2024
Staff of the board shall review each application to determine
				  its completeness and eligibility. The applicant is responsible for the
				  completeness of the application. The board shall not be responsible for errors
				  or omissions of the applicant. An incomplete application is not eligible for
				  review by the peer review panel or the board. If an application is determined
				  to be ineligible, the staff shall notify the applicant in a timely manner and
				  the applicant shall subsequently receive notification in writing by the
				  board.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter III - Application Review Process › Section AB 1.10 - Conditions of unacceptable applications

Current through June 24, 2024
Applications for all organizational and individual support
				  shall not be accepted for review when funds are required for any of the
				  following:
(1) For capital improvement
				or construction, purchase of real property, or endowment.
(2) To account for fund deficiencies in
				projects begun prior to the project start date specified by the board in
				program information.
(3) To pay
				fees for touring costs, performances, or exhibitions not complying with the
				public service requirement under s.
				AB 1.27.
(4) To pay for general operating expenses
				when not expressly permitted in the program information.
(5) For projects that take place before or
				after the grant period.
(6) For
				capital equipment which include items costing more than $300 with a useful life
				of more than one year.
(7) For
				prizes or awards.
(8) To renovate
				existing facilities.
(9) For
				individual tuition.
(10) For child
				care.
(11) For curriculum
				expansion.
(12) For out-of-state
				travel.
(13) For entertainment,
				refreshments or food.
(14) For
				projects that are restricted to private or exclusive participation including
				classes held in any private studios.
(15) For deficits incurred from past
				activities.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter III - Application Review Process › Section AB 1.12 - Appointment to peer review panels

Current through June 24, 2024
Individuals selected to serve on peer review panels shall be
				  nominated by the staff and approved by the member of the board acting as panel
				  chair. Individuals shall serve at the pleasure of the board. To insure
				  continuity on panels for grants to organizations and units of government, the
				  staff may select up to 2 individuals to repeat their service in the following
				  year. No individual shall serve on the same panel for more than 2 consecutive
				  years. Peer review panels shall, insofar as reasonably possible, represent a
				  geographic cross section of the state, and include minority representation from
				  among those groups listed in s.
				  16.287(1) (f),
				  Stats.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter III - Application Review Process › Section AB 1.13 - Qualifications for peer review panels

Current through June 24, 2024
Members of all peer review panels shall have expertise or
				  experience in a particular area of the arts, arts support or arts
				  administration. Peer review panel members may be selected from among
				  practitioners, organizations, curators, architects, citizens involved in the
				  arts, and other participants in the arts.
Wisconsin Administrative Code › Arts Board › Chapter AB 1 - Eligibility requirements › Subchapter III - Application Review Process › Section AB 1.15 - Conflict of interest

Current through June 24, 2024
(1) Any member of the board, peer review
				panels, or staff, who is affiliated with an applicant under review shall inform
				the board and the staff of this affiliation by completing the form under sub.
				(3) and by exempting himself or herself from deliberations concerning the
				applicant in question.
(2) In this
				section, affiliated with an applicant means one or more of the following
				conditions related to a person who is a board, staff or peer review panel
				member exists:
(a) The person may be the
				recipient of direct financial benefit from the applicant organization or
				project being reviewed.
(b) The
				person enjoys status as an employee or governing board member of an applicant
				organization being reviewed.
(c)
				The person enjoys status as a consultant, with or without payment, to the
				applicant being reviewed.
(d) The
				person has a familial relationship with any member of an applicant
				organization.
(e) The person has
				recently received free tickets or other benefits from an applicant
				organization.