Amended
IN
Assembly
July 03, 2018 |
Amended
IN
Assembly
June 20, 2018 |
Amended
IN
Senate
January 10, 2018 |
Senate Bill | No. 795 |
Introduced by Senator Galgiani |
February 17, 2017 |
This bill would extend the repeal dates of the above-specified practice privilege provisions to January 1, 2020, and would change the operative date for the above-specified suspended provisions from January 1, 2019, to January 1, 2020. The bill would make certain other conforming changes.
(3)
Existing
(c)This section shall become operative on July 1,
2013.
(d)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)No persons shall engage in the practice of accountancy as a partnership unless the partnership is registered by the board.
(b)A partnership, other than a limited partnership, may be registered by the board to engage in the practice of public accountancy provided it meets the following requirements:
(1)At least one general partner shall hold a valid permit to practice as a certified public accountant, public accountant, or accountancy corporation, or shall be an applicant for a certificate as a certified public accountant under Sections 5087 and 5088.
(2)Each partner engaged within this state in the practice of public accountancy as
defined by Section 5051 shall hold a valid permit to practice in this state or shall have applied for a certificate as a certified public accountant under Sections 5087 and 5088.
(3)Each partner not engaged in the practice of public accountancy within this state shall be a certified public accountant in good standing of some state, except as permitted by Section 5079.
(4)Each resident manager in charge of an office of the firm in this state shall be a licensee in good standing of this state, or shall have applied for a certificate as a certified public accountant under Sections 5087 and 5088.
(c)This section shall become operative on January 1, 2020.
(a)No persons shall engage in the practice of accountancy as a partnership unless the partnership is registered by the board.
(b)A partnership, other than a limited partnership, may be registered by the board to engage in the practice of public accountancy provided it meets the following requirements:
(1)At least one general partner shall hold a valid permit to practice as a certified public accountant, public accountant, or accountancy corporation, or shall be an applicant for a certificate as a certified public accountant under Sections 5087 and 5088.
(2)Each partner
engaged within this state in the practice of public accountancy as defined by Section 5051 shall hold a valid permit to practice in this state or shall have applied for a certificate as a certified public accountant under Sections 5087 and 5088.
(3)Each partner not engaged in the practice of public accountancy within this state shall be a certified public accountant in good standing of some state, except as permitted by Section 5079.
(4)Each resident manager in charge of an office of the firm in this state shall be a licensee in good standing of this state, or shall have applied for a certificate as a certified public accountant under Sections 5087 and 5088.
(c)This section shall become operative on January 1, 2019.
(j)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)An individual whose principal place of business is not in this state and who has a valid and current license, certificate, or permit to practice public accountancy from another state may, subject to the conditions and limitations in this article, engage in the practice of public accountancy in this state under a practice privilege without obtaining a certificate or license under this chapter if the individual satisfies one of the following:
(1)The individual has continually practiced public accountancy as a certified public accountant under a valid license issued by any state for at least 4 of the last 10 years.
(2)The individual has a license, certificate, or permit from a state which has been
determined by the board to have education, examination, and experience qualifications for licensure substantially equivalent to this state’s qualifications under Section 5093.
(3)The individual possesses education, examination, and experience qualifications for licensure which have been determined by the board to be substantially equivalent to this state’s qualifications under Section 5093.
(b)The board may designate states as substantially equivalent under paragraph (2) of subdivision (a) and may accept individual qualification evaluations or appraisals conducted by designated entities, as satisfying the requirements of paragraph (3) of subdivision (a).
(c)To obtain a practice privilege under this section, an individual who meets the requirements of subdivision (a), shall do the following:
(1)In the manner prescribed by board regulation, notify the board of the individual’s intent to practice.
(2)Pay a fee as provided in Article 8 (commencing with Section 5130).
(d)Except as otherwise provided by this article or by board regulation, the practice privilege commences when the individual notifies the board, provided the fee is received by the board within 30 days of that date. The board shall permit the notification to be provided electronically.
(e)An individual who holds a practice privilege under this article:
(1)Is subject to the personal and subject matter jurisdiction and disciplinary authority of the board and the courts of this state.
(2)Shall comply with the provisions of this chapter, board regulations, and other laws, regulations, and professional standards applicable to the practice of public accountancy by the licensees of this state and to any other laws and regulations applicable to individuals practicing under practice privileges in this state except the individual is deemed, solely for the purpose of this article, to have met the continuing education requirements and ethics examination requirements of this state when such individual has met the examination and continuing education requirements of the state in which the individual holds the valid license, certificate, or permit on which the substantial equivalency is based.
(3)Shall not provide public accountancy services in this state from any office located in this state, except as an employee of a firm registered in this state. This paragraph does not
apply to public accountancy services provided to a client at the client’s place of business or residence.
(4)Is deemed to have appointed the regulatory agency of the state that issued the individual’s certificate, license, or permit upon which substantial equivalency is based as the individual’s agent on whom notices, subpoenas, or other process may be served in any action or proceeding by the board against the individual.
(5)Shall cooperate with any board investigation or inquiry and shall timely respond to a board investigation, inquiry, request, notice, demand, or subpoena for information or documents and timely provide to the board the identified information and documents.
(f)A practice privilege expires one year from the date of the notice, unless a shorter period is set by board regulation.
(g)(1)No individual may practice under a practice privilege without prior approval of the board if the individual has, or acquires at any time during the term of the practice privilege, any disqualifying condition under paragraph (2) of this subdivision.
(2)Disqualifying conditions include:
(A)Conviction of any crime other than a minor traffic violation.
(B)Revocation, suspension, denial, surrender, or other discipline or sanctions involving any license, permit, registration, certificate, or other authority to practice any profession in this or any other state or foreign country or to practice before any state, federal, or local court or agency, or the Public Company Accounting Oversight Board.
(C)Pendency of any investigation, inquiry, or proceeding by or before any state, federal or local court or agency, including, but not limited to, the Public Company Accounting Oversight Board, involving the professional conduct of the individual.
(D)Any judgment or arbitration award against the individual involving the professional conduct of the individual in the amount of thirty thousand dollars ($30,000) or greater.
(E)Any other conditions as specified by the board in regulation.
(3)The board may adopt regulations exempting specified minor occurrences of the conditions listed in subparagraph (B) of paragraph (2) from being disqualifying conditions under this subdivision.
(h)This
section shall become operative on January 1, 2020.
(a)An individual whose principal place of business is not in this state and who has a valid and current license, certificate, or permit to practice public accountancy from another state may, subject to the conditions and limitations in this article, engage in the practice of public accountancy in this state under a practice privilege without obtaining a certificate or license under this chapter if the individual satisfies one of the following:
(1)The individual has continually practiced public accountancy as a certified public accountant under a valid license issued by any state for at least four of the last 10 years.
(2)The individual has a license,
certificate, or permit from a state which has been determined by the board to have education, examination, and experience qualifications for licensure substantially equivalent to this state’s qualifications under Section 5093.
(3)The individual possesses education, examination, and experience qualifications for licensure which have been determined by the board to be substantially equivalent to this state’s qualifications under Section 5093.
(b)The board may designate states as substantially equivalent under paragraph (2) of subdivision (a) and may accept individual qualification evaluations or appraisals conducted by designated entities, as satisfying the requirements of paragraph (3) of subdivision (a).
(c)To obtain a practice privilege under this section, an individual who meets the requirements of subdivision
(a), shall do the following:
(1)In the manner prescribed by board regulation, notify the board of the individual’s intent to practice.
(2)Pay a fee as provided in Article 8 (commencing with Section 5130).
(d)Except as otherwise provided by this article or by board regulation, the practice privilege commences when the individual notifies the board, provided the fee is received by the board within 30 days of that date. The board shall permit the notification to be provided electronically.
(e)An individual who holds a practice privilege under this article:
(1)Is subject to the personal and subject matter jurisdiction and disciplinary authority of the board and the courts of this
state.
(2)Shall comply with the provisions of this chapter, board regulations, and other laws, regulations, and professional standards applicable to the practice of public accountancy by the licensees of this state and to any other laws and regulations applicable to individuals practicing under practice privileges in this state except the individual is deemed, solely for the purpose of this article, to have met the continuing education requirements and ethics examination requirements of this state when such individual has met the examination and continuing education requirements of the state in which the individual holds the valid license, certificate, or permit on which the substantial equivalency is based.
(3)Shall not provide public accountancy services in this state from any office located in this state, except as an employee of a firm registered in this state. This
paragraph does not apply to public accountancy services provided to a client at the client’s place of business or residence.
(4)Is deemed to have appointed the regulatory agency of the state that issued the individual’s certificate, license, or permit upon which substantial equivalency is based as the individual’s agent on whom notices, subpoenas, or other process may be served in any action or proceeding by the board against the individual.
(5)Shall cooperate with any board investigation or inquiry and shall timely respond to a board investigation, inquiry, request, notice, demand, or subpoena for information or documents and timely provide to the board the identified information and documents.
(f)A practice privilege expires one year from the date of the notice, unless a shorter period is set by board
regulation.
(g)(1)No individual may practice under a practice privilege without prior approval of the board if the individual has, or acquires at any time during the term of the practice privilege, any disqualifying condition under paragraph (2) of this subdivision.
(2)Disqualifying conditions include:
(A)Conviction of any crime other than a minor traffic violation.
(B)Revocation, suspension, denial, surrender, or other discipline or sanctions involving any license, permit, registration, certificate, or other authority to practice any profession in this or any other state or foreign country or to practice before any state, federal, or local court or agency, or the Public Company Accounting Oversight Board.
(C)Pendency of any investigation, inquiry, or proceeding by or before any state, federal or local court or agency, including, but not limited to, the Public Company Accounting Oversight Board, involving the professional conduct of the individual.
(D)Any judgment or arbitration award against the individual involving the professional conduct of the individual in the amount of thirty thousand dollars ($30,000) or greater.
(E)Any other conditions as specified by the board in regulation.
(3)The board may adopt regulations exempting specified minor occurrences of the conditions listed in subparagraph (B) of paragraph (2) from being disqualifying conditions under this subdivision.
(h)This
section shall become operative on January 1, 2019.
(c)This section shall become operative on July 1, 2013.
(d)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)Any individual, not a licensee of this state, who is engaged in any act which is the practice of public accountancy in this state, and who has not given notice of intent to practice under practice privileges and paid the fee required pursuant to the provisions of this article, and who has a license, certificate, or other authority to engage in the practice of public accountancy in any other state, regardless of whether active, inactive, suspended, or subject to renewal on payment of a fee or completion of an educational or ethics requirement, is:
(1)Deemed to be practicing public accountancy unlawfully in this state.
(2)Subject to the personal and subject matter jurisdiction and disciplinary
authority of the board and the courts of this state to the same extent as a holder of a valid practice privilege.
(3)Deemed to have appointed the regulatory agency of the state that issued the individual’s certificate or license as the individual’s agent on whom notice, subpoenas, or other process may be served in any action or proceeding by the board against the individual.
(b)The board may prospectively deny a practice privilege to any individual who has violated this section or implementing regulations or committed any act which would be grounds for discipline against the holder of a practice privilege.
(c)This section shall become operative on January 1, 2020.
(a)Any individual, not a licensee of this state, who is engaged in any act which is the practice of public accountancy in this state, and who has not given notice of intent to practice under practice privileges and paid the fee required pursuant to the provisions of this article, and who has a license, certificate, or other authority to engage in the
practice of public accountancy in any other state, regardless of whether active, inactive, suspended, or subject to renewal on payment of a fee or completion of an educational or ethics requirement, is:
(1)Deemed to be practicing public accountancy unlawfully in this state.
(2)Subject to the personal and subject matter jurisdiction and disciplinary authority of the board and the courts of this state to the same extent as a holder of a valid practice privilege.
(3)Deemed to have appointed the regulatory agency of the state that issued the individual’s certificate or license as the individual’s agent on whom notice, subpoenas, or other process may be served in any action or proceeding by the board against the individual.
(b)The board may prospectively
deny a practice privilege to any individual who has violated this section or implementing regulations or committed any act which would be grounds for discipline against the holder of a practice privilege.
(c)This section shall become operative on January 1, 2019.
(h)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)Practice privileges may be denied for failure to qualify under or comply with the provisions of this article or implementing regulations, or for any act that if committed by an applicant for licensure would be grounds for denial of a license under Section 480 or if committed by a licensee would be grounds for discipline under Section 5100, or for any act committed outside of this state that would be a violation if committed within this state.
(b)The board may deny practice privileges using either of the following procedures:
(1)Notifying the individual in writing of all of the following:
(A)That the practice privilege is
denied.
(B)The reasons for denial.
(C)The earliest date on which the individual is eligible for a practice privilege.
(D)That the individual has a right to appeal the notice and request a hearing under the provisions of the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code) if a written notice of appeal and request for hearing is made within 60 days.
(E)That, if the individual does not submit a notice of appeal and request for hearing within 60 days, the board’s action set forth in the notice shall become final.
(2)Filing a statement of issues under the Administrative Procedure Act (Chapter 3.5
(commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code).
(c)An individual who had been denied a practice privilege may apply for a new practice privilege not less than one year after the effective date of the notice or decision denying the practice privilege unless a longer time period, not to exceed three years, is specified in the notice or decision denying the practice privilege.
(d)This section shall become operative on January 1, 2020.
(a)Practice privileges are subject to revocation, suspension, fines, or other disciplinary sanctions for any conduct that would be grounds for discipline against a licensee of the board or for any conduct in violation of this article or regulations implementing this article.
(b)Practice privileges are subject to discipline during any time period in which they are valid, under administrative suspension, or expired.
(c)The board may recover its costs pursuant to Section 5107 as part of any disciplinary proceeding against the holder of a practice privilege.
(d)An individual whose practice privilege has been revoked may apply for a new
practice privilege not less than one year after the effective date of the board’s decision revoking the individual’s practice privilege unless a longer time period, not to exceed three years, is specified in the board’s decision revoking the practice privilege.
(e)The provisions of the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code), including, but not limited to, the commencement of a disciplinary proceeding by the filing of an accusation by the board shall apply under this article.
(f)This section shall become operative on January 1, 2020.
(a)Practice privileges may be denied for failure to qualify under or comply with the provisions of this article or implementing regulations, or for any act that if committed by an applicant for licensure would be grounds for denial of a license under Section 480 or if committed by a licensee would be grounds for discipline under Section 5100, or for any act committed outside of this state that would be a violation if committed within this state.
(b)The board may deny practice privileges using either of the following procedures:
(1)Notifying the individual in writing of all of the following:
(A)That the practice privilege is denied.
(B)The reasons for denial.
(C)The earliest date on which the individual is eligible for a practice privilege.
(D)That the individual has a right to appeal the notice and request a hearing under the provisions of the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code) if a written notice of appeal and request for hearing is made within 60 days.
(E)That, if the individual does not submit a notice of appeal and request for hearing within 60 days, the board’s action set forth in the notice shall become final.
(2)Filing a statement of issues under the Administrative Procedure Act (Chapter 3.5 (commencing with
Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code).
(c)An individual who had been denied a practice privilege may apply for a new practice privilege not less than one year after the effective date of the notice or decision denying the practice privilege unless a longer time period, not to exceed three years, is specified in the notice or decision denying the practice privilege.
(d)This section shall become operative on January 1, 2019.
(a)Practice privileges are subject to revocation, suspension, fines, or other disciplinary sanctions for any conduct that would be grounds for discipline against a licensee of the board or for any conduct in violation of this article or regulations implementing this article.
(b)Practice privileges are subject to discipline during any time
period in which they are valid, under administrative suspension, or expired.
(c)The board may recover its costs pursuant to Section 5107 as part of any disciplinary proceeding against the holder of a practice privilege.
(d)An individual whose practice privilege has been revoked may apply for a new practice privilege not less than one year after the effective date of the board’s decision revoking the individual’s practice privilege unless a longer time period, not to exceed three years, is specified in the board’s decision revoking the practice privilege.
(e)The provisions of the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code), including, but not limited to, the commencement of a disciplinary proceeding by the filing of an
accusation by the board shall apply under this article.
(f)This section shall become operative on January 1, 2019.
(h)This section shall become operative on July 1, 2013.
(i)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)The right of an individual to practice in this state under a practice privilege may be administratively suspended at any time by an order issued by the board or its executive officer, without prior notice or hearing, for the purpose of conducting a disciplinary investigation, proceeding, or inquiry concerning the representations made in the notice, the individual’s competence or qualifications to practice under practice privileges, failure to timely respond to a board inquiry or request for information or documents, or under other conditions and circumstances provided for by board regulation.
(b)The administrative suspension order is immediately effective when mailed to the individual’s address of record or agent for notice and service as provided for in this
article.
(c)The administrative suspension order shall contain the following:
(1)The reason for the suspension.
(2)A statement that the individual has the right, within 30 days, to appeal the administrative suspension order and request a hearing.
(3)A statement that any appeal hearing will be conducted under the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code) applicable to individuals who are denied licensure, including the filing of a statement of issues by the board setting forth the reasons for the administrative suspension of practice privileges and specifying the statutes and rules with which the individual must show compliance by producing proof at the hearing
and in addition any particular matters that have come to the attention of the board and that would authorize the administrative suspension, or the denial of practice privileges.
(d)The burden is on the holder of the suspended practice privilege to establish both qualification and fitness to practice under practice privileges.
(e)The administrative suspension shall continue in effect until terminated by an order of the board or the executive officer or expiration of the practice privilege under administrative suspension.
(f)Administrative suspension is not discipline and shall not preclude any individual from applying for a license to practice public accountancy in this state or from applying for a new practice privilege upon expiration of the one under administrative suspension, except that the new practice
privilege shall not be effective until approved by the board.
(g)Notwithstanding any administrative suspension, a practice privilege expires one year from the date of notice unless a shorter period is set by board regulation.
(h)Proceedings to appeal an administrative suspension order may be combined or coordinated with proceedings for denial or discipline of a practice privilege.
(i)This section shall become operative on January 1, 2020.
(a)The right of an individual to practice in this state under a practice privilege may be administratively suspended at any time by an order issued by the board or its executive officer, without prior notice or hearing, for the purpose of conducting a disciplinary investigation, proceeding, or inquiry concerning the representations made in the notice, the individual’s competence or qualifications to practice under practice privileges, failure to timely respond to a board inquiry or request for information or documents, or under other conditions and circumstances provided for by board regulation.
(b)The administrative suspension order is immediately effective when mailed to the individual’s address of record or agent for notice and service as provided for in this
article.
(c)The administrative suspension order shall contain the following:
(1)The reason for the suspension.
(2)A statement that the individual has the right, within 30 days, to appeal the administrative suspension order and request a hearing.
(3)A statement that any appeal hearing will be conducted under the Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code) applicable to individuals who are denied licensure, including the filing of a statement of issues by the board setting forth the reasons for the administrative suspension of practice privileges and specifying the statutes and rules with which the individual must show compliance by producing proof at the hearing
and in addition any particular matters that have come to the attention of the board and that would authorize the administrative suspension, or the denial of practice privileges.
(d)The burden is on the holder of the suspended practice privilege to establish both qualification and fitness to practice under practice privileges.
(e)The administrative suspension shall continue in effect until terminated by an order of the board or the executive officer or expiration of the practice privilege under administrative suspension.
(f)Administrative suspension is not discipline and shall not preclude any individual from applying for a license to practice public accountancy in this state or from applying for a new practice privilege upon expiration of the one under administrative suspension, except that the new practice
privilege shall not be effective until approved by the board.
(g)Notwithstanding any administrative suspension, a practice privilege expires one year from the date of notice unless a shorter period is set by board regulation.
(h)Proceedings to appeal an administrative suspension order may be combined or coordinated with proceedings for denial or discipline of a practice privilege.
(i)This section shall become operative on January 1, 2019.
(b)This section shall become operative on July 1, 2013.
(c)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)Notwithstanding any other provision of this article, an individual may not sign any attest report pursuant to a practice privilege unless the individual meets the experience requirements of Section 5095 and completes any continuing education or other conditions required by the board regulations implementing this article.
(b)This section shall become operative on January 1, 2020.
(a)Notwithstanding any other provision of this article, an individual may not sign any attest report pursuant to a practice privilege unless the individual meets the experience requirements of Section 5095 and completes any continuing education or other conditions required by the board regulations implementing this article.
(b)This section shall become operative on January 1, 2019.
(b)This section shall become operative on July 1, 2013.
(c)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)In addition to the authority otherwise provided for by this code, the board may delegate to the executive officer the authority to issue any notice or order provided for in this article and to act on behalf of the board, including, but not limited to, issuing a notice of denial of a practice privilege and an interim suspension order, subject to the right of the individual to timely appeal and request a hearing as provided for in this article.
(b)This section shall become operative on January 1, 2020.
(a)In addition to the authority otherwise provided for by this code, the board may delegate to the executive officer the authority to issue any notice or order provided for in this article and to act on behalf of the board, including, but not limited to, issuing a notice of denial of a practice privilege and an interim suspension order, subject to the
right of the individual to timely appeal and request a hearing as provided for in this article.
(b)This section shall become operative on January 1, 2019.
(d)This section shall become operative on July 1, 2013.
(e)This
section shall remain in effect only until January 1, 2020, and as of that date is repealed.
Except as otherwise provided in this article, the following definitions apply:
(a)Anywhere the term “license,” “licensee,” “permit,” or “certificate” is used in this chapter or Division 1.5 (commencing with Section 475), it shall include persons holding practice privileges under this article, unless otherwise inconsistent with the provisions of the article.
(b)Any notice of practice privileges under this article and supporting documents is deemed an application for licensure for purposes of the provisions of this code, including, but not limited to, the provisions of this chapter and the provisions of Division 1.5 (commencing with
Section 475) related to the denial, suspension, and revocation of licenses.
(c)Anywhere the term “employee” is used in this article it shall include, but is not limited to, partners, shareholders, and other owners.
(d)This section shall become operative on January 1, 2020.
(a)In addition to the authority otherwise provided by this code, all investigative powers of the board, including those delegated to the executive officer, shall apply to investigations concerning compliance with, or actual or potential violations of, the provisions of this article or implementing regulations, including, but not limited to, the power to conduct investigations and hearings by the executive officer under Section 5103 and to issuance of subpoenas under Section 5108.
(b)This section shall become operative on January 1, 2020.
Except as otherwise provided in this article, the following definitions apply:
(a)Anywhere the term “license,” “licensee,” “permit,” or “certificate” is used in this chapter or Division 1.5 (commencing with Section 475), it shall include persons holding practice privileges under this article, unless otherwise
inconsistent with the provisions of the article.
(b)Any notice of practice privileges under this article and supporting documents is deemed an application for licensure for purposes of the provisions of this code, including, but not limited to, the provisions of this chapter and the provisions of Division 1.5 (commencing with Section 475) related to the denial, suspension, and revocation of licenses.
(c)Anywhere the term “employee” is used in this article it shall include, but is not limited to, partners, shareholders, and other owners.
(d)This section shall become operative on January 1, 2019.
(a)The provisions of this article shall only be operative if there is an appropriation from the Accountancy Fund in the annual Budget Act to fund the activities in the article and sufficient hiring authority is granted pursuant to a budget change proposal to the board to provide staffing to implement this article.
(b)This section shall become operative on January 1, 2020.
(a)The provisions of this article shall only be operative if
there is an appropriation from the Accountancy Fund in the annual Budget Act to fund the activities in the article and sufficient hiring authority is granted pursuant to a budget change proposal to the board to provide staffing to implement this article.
(b)This section shall become operative on January 1, 2019.
(d)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.
(a)A certified public accounting firm that is authorized to practice in another state and that does not have an office in this state may engage in the practice of public accountancy in this state through the holder of a practice privilege provided that:
(1)The practice of public accountancy by the firm is limited to authorized practice by the holder of the practice privilege.
(2)A firm that engages in practice under this section is deemed to consent to the personal, subject matter, and disciplinary jurisdiction of the board with respect to any practice under this section.
(b)The board may revoke, suspend, issue a fine pursuant to
Article 6.5 (commencing with Section 5116), or otherwise restrict or discipline the firm for any act that would be grounds for discipline against a holder of a practice privilege through which the firm practices.
(c)This section shall become operative on January 1, 2020.
(a)The notification of intent to practice under a practice privilege pursuant to Section 5096 shall include the name of the firm, its address and telephone number, and its federal taxpayer identification number.
(b)This section shall become operative on January 1, 2020.
(a)An individual shall not be deemed to be in violation of this article solely because he or she begins the practice of public accounting in California prior to notifying the board as indicated in subdivision (c) of Section 5096, provided the notice is given within five business days of the date practice begins. An individual who properly notifies the board within the five-day period provided for in this section shall be deemed to have a practice privilege from the first day of practice in California unless the individual fails to timely submit the required fee pursuant to subdivision (c) of Section 5096.
(b)Subdivision (a) does not apply in those instances in which prior approval by the board is required pursuant to subdivision (g) of Section 5096.
(c)In addition to any other applicable sanction, the board may issue a fine pursuant to Section 5096.3 for notifying the board more than five business days after beginning practice in California.
(d)This section shall become operative on January 1, 2020.
(a)It is the intent of the Legislature that the board adopt regulations providing for a lower fee or no fee for out-of-state accountants who do not sign attest reports for California clients under the practice privilege. These regulations shall ensure that the practice privilege program is adequately funded. These regulations shall be adopted as emergency regulations in accordance with Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code and, for purposes of that chapter, the adoption of the regulations shall be considered by the Office of Administrative Law to be necessary for the immediate preservation of the public peace, health and safety, and general welfare.
(b)This section shall become operative on January
1, 2020.
(a)A certified public accounting firm that is authorized to practice in another state and that does not have an office in this state may engage in the practice of public accountancy in this state through the holder of a practice privilege provided that:
(1)The practice of public accountancy by the firm is limited to authorized practice by the holder of the practice privilege.
(2)A firm that engages in practice under this section is deemed to consent to the personal, subject matter, and disciplinary jurisdiction of the board with respect to any practice under this section.
(b)The board may revoke, suspend, issue a fine pursuant to Article 6.5 (commencing with Section 5116), or otherwise restrict or discipline the firm for any act that would be grounds for discipline against a holder of a practice privilege through which the firm practices.
(c)This section shall become operative on January 1, 2019.
(a)The notification of intent to practice under a practice privilege pursuant to Section 5096 shall include the name of the firm, its address and telephone number, and its federal taxpayer identification number.
(b)This section shall become operative on January 1, 2019.
(a)An individual shall not be deemed to be in violation of this article solely because he or she begins the practice of public accounting in California prior to notifying the board as indicated in subdivision (c) of Section 5096, provided the notice is given within five business days of the date practice begins. An individual who properly notifies the board within the five-day period provided for in this
section shall be deemed to have a practice privilege from the first day of practice in California unless the individual fails to timely submit the required fee pursuant to subdivision (c) of Section 5096.
(b)Subdivision (a) does not apply in those instances in which prior approval by the board is required pursuant to subdivision (g) of Section 5096.
(c)In addition to any other applicable sanction, the board may issue a fine pursuant to Section 5096.3 for notifying the board more than five business days after beginning practice in California.
(d)This section shall become operative on January 1, 2019.
(a)It is the intent of the Legislature that the board adopt regulations providing for a lower fee or no fee for out-of-state accountants who do not sign attest reports for California clients under the practice privilege. These regulations shall ensure that the practice privilege program is adequately funded. These regulations shall be adopted as emergency regulations in accordance with Chapter 3.5
(commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code and, for purposes of that chapter, the adoption of the regulations shall be considered by the Office of Administrative Law to be necessary for the immediate preservation of the public peace, health and safety, and general welfare.
(b)This section shall become operative on January 1, 2019.
(c)This section shall remain in effect only until January 1, 2020, and as of that date is repealed.