(1)Nothing in this
article 100 shall prohibit any person who is not a certified public accountant from
serving as an employee of or an assistant to a certified public accountant holding
an active certificate or serving as an employee or assistant of a validly registered
partnership, professional corporation, or limited liability company composed of
certified public accountants. The employee or assistant shall not issue any
accounting or financial statement over his or her name.
(2)(a) (I) Nothing in this article 100 prohibits a certified public accountant
whose principal place of business is located in another state or jurisdiction of the
United States from practicing in this state on professional business, as defined by
rules promulgated by the board. The practice shall be con
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(1) Nothing in this
article 100 shall prohibit any person who is not a certified public accountant from
serving as an employee of or an assistant to a certified public accountant holding
an active certificate or serving as an employee or assistant of a validly registered
partnership, professional corporation, or limited liability company composed of
certified public accountants. The employee or assistant shall not issue any
accounting or financial statement over his or her name.
(2) (a) (I) Nothing in this article 100 prohibits a certified public accountant
whose principal place of business is located in another state or jurisdiction of the
United States from practicing in this state on professional business, as defined by
rules promulgated by the board. The practice shall be conducted in conformity with
rules promulgated by the board.
(II) Notwithstanding the requirements of section 12-100-114, a foreign
partnership, corporation, limited partnership, limited liability partnership, limited
liability limited partnership, or limited liability company may engage in the practice
of accountancy in this state without registering with the board if the practice is
incident to the entity's regular practice outside this state, as defined by the board.
The entity shall conduct the practice in conformity with rules promulgated by the
board.
(b) Nothing in this article 100 shall prohibit an accountant who holds a
certificate, degree, or license in a foreign country, constituting a recognized
qualification for the practice of public accounting in the country, from practicing in
this state on professional business incident to his or her regular practice outside
this state, as defined by the board. The practice shall be conducted in conformity
with rules promulgated by the board.
(c) A certified public accountant from another state or jurisdiction of the
United States who is practicing in this state pursuant to this subsection (2) and the
firm that employs the certified public accountant simultaneously consent, as a
condition of practicing in this state:
(I) To be subject to the jurisdiction of and disciplinary authority of the board;
(II) To comply with the requirements of this subsection (2) and rules
promulgated by the board pursuant to this subsection (2);
(III) That, if the certified public accountant's certificate, license, or
registration issued by the state in which the certified public accountant's principal
place of business is located is no longer valid, the certified public accountant will
cease to offer or render professional services in this state, either individually or on
behalf of a firm; and
(IV) To appoint the state board or entity that issued a certificate, license, or
registration to the certified public accountant as the agent for service of process in
any action or proceeding brought by the board against the certified public
accountant.
(d) The board may recover its reasonable costs incurred as part of its
investigative, administrative, and disciplinary proceedings against a certified public
accountant from another state or jurisdiction of the United States or from a foreign
country if the board:
(I) Enters a final order against the certified public accountant, finding that
the certified public accountant violated a provision of this article 100, a rule
adopted by the board, or an order of the board with which the certified public
accountant is obligated to comply and the board has the authority to enforce; or
(II) Enters into a consent or settlement agreement in which the board finds,
or the certified public accountant admits or does not contest, that he or she
violated a provision of this article 100, a rule adopted by the board, or an order of
the board with which the certified public accountant is obligated to comply and the
board has the authority to enforce.