Agencies | Governor
Virginia Regulatory Town Hall
secretary
Commerce and Trade
Agency
Board of Accountancy
Board
Board of Accountancy
Mandate 59

Mandate Information
Mandate Title:
To amend provisions about CPE & other topics.
Purpose of legislation
Provides for the Board to establish regulations requiring CPE in ethics and to maintain a list of consultants to assist in investigations and to provide expert testimony in disciplinary proceedings. Further, the legislation increases the maximum penalty that may be imposed for a regulatory violation from $2500 to $100,000; requires a CPA practicing in VA under substantial equivalency to have an unrestricted license in the state of licensure; and changes the reporting year for CPE from July 1 through June 30 to January 1 through December 31 for certain transition rules.
Legislation mandating a change Chap 291 (2003)
VAC chapters to be amended
18 vac 5 - 22 : Board of Accountancy Regulations
Associated Regulatory Actions No regulatory action has been filed.
Deadline for the regulation to become effective 6/4/2004
spacer spacer
Back to Mandates