Makes various changes to the Public Accountancy Act, such as authorizing penalties against applicants, certain non-CPAs, and CPAs practicing public accounting with a revoked or suspended license, extending the grace period in which a certificate holder may convert to a CPA licensee, and allowing alternative experience requirements for reciprocity applicants from other states.
From the House Bill Analysis (SB 6123), written by the Legislature's nonpartisan staff. Read the full report ↗
AN ACT Relating to modifying the public accountancy act but only with respect to: Expanding board member term limits, extending the experience look-back period for certificate holders, allowing out-of- state CPAs to qualify for a license with three years of public practice experience during the immediate past five years, expanding sanctioning authority over imposters and exam cheaters, and establishing a penalty for imposters whose license or certificate has been suspended or revoked;