§ 54.1-4405.1. Board of Accountancy Trust Account; creation; expenditures; excess moneys
A. There is hereby created in the state treasury a special nonreverting fund (except as set forth in subsection B), to be known as the Board of Accountancy Trust Account (the Trust Account). The purpose of the Trust Account is to provide a supplemental source of funds to the Board on a timely basis for […]
§ 54.1-4401. Applicability of chapter
A. This chapter shall not be construed to prevent any person who is not licensed from: 1. Using the description “accountant” or “bookkeeper”; 2. Stating that he practices accounting or bookkeeping; 3. Performing services involving the use of accounting skills; 4. Rendering tax services, or management advisory or consulting services; 5. Keeping the books of […]
§ 54.1-4402. Board; membership; qualifications; powers and duties
A. The Board of Accountancy established under the former § 54.1-2000 and previously operating in the Department of Professional and Occupational Regulation is hereby continued and reestablished as an independent board in the executive branch of state government. B. The Board shall consist of seven members appointed by the Governor as follows: one member shall […]
§ 54.1-4400. Definitions
As used in this chapter, unless the context clearly indicates otherwise: “Accredited institution” means a degree-granting institution of higher education accredited either by (i) one of the six major regional accrediting organizations-Middle States Association of Colleges and Schools, New England Association of Schools and Colleges, North Central Association of Colleges and Schools, Northwest Commission on […]