7400 – Introduction.

§ 7400. Introduction. This article applies to the profession of public accountancy. The general provisions for all professions contained in article one hundred thirty of this title apply to this article.

7401 – Definition of Practice of Public Accountancy.

§ 7401. Definition of practice of public accountancy. The practice of the profession of public accountancy is defined as: 1. offering to perform or performing attest and/or compilation services, as defined in section seventy-four hundred one-a of this article; 2. incident to the services described in subdivision one of this section, offering to perform or […]

7401-A – Definitions.

§ 7401-a. Definitions. As used in this article: 1. “Attest” means providing the following public accountancy services which all require the independence of licensees: a. any audit to be performed in accordance with generally accepted auditing standards or other similar standards, developed by a federal governmental agency, commission or board or a recognized international or […]

7402 – Practice of Public Accountancy and Use of Title “Certified Public Accountant” or “Public Accountant”.

§ 7402. Practice of public accountancy and use of title “certified public accountant” or “public accountant”. Only a person licensed or otherwise authorized to practice under this article shall practice public accountancy or use the title “certified public accountant” or the designation CPA or “public accountant” or the designation PA or any other derivative or […]

7403 – State Board for Public Accountancy.

§ 7403. State board for public accountancy. A state board for public accountancy shall be appointed by the board of regents on recommendation of the commissioner for the purpose of assisting the board of regents and the department on matters of professional licensing and professional conduct in accordance with section sixty-five hundred eight of this […]

7404 – Requirements for a License as a Certified Public Accountant.

§ 7404. Requirements for a license as a certified public accountant. 1. To qualify for a license as a certified public accountant, an applicant shall fulfill the following requirements: (1) Application: file an application with the department; (2) Education: have received an education, including a bachelor’s or higher degree or a foreign equivalent based on […]

7405 – Requirements for a License as a Public Accountant.

§ 7405. Requirements for a license as a public accountant. To qualify for a license as a public accountant, an applicant shall fulfill the following requirements: (1) Application: file an application with the department; (2) Declaration of intention: a. Have filed a declaration of intention to practice as a public accountant with the department on […]

7406 – Limited Permits and Practice Privilege.

§ 7406. Limited permits and practice privilege. 1. Limited permits. On recommendation of the board, the department may issue a limited permit to an applicant of good moral character, who is the holder of a certificate, license or degree in a foreign country constituting a recognized qualification for the performance in such country of the […]

7407 – Exempt Persons.

§ 7407. Exempt persons. Nothing contained in this article shall be construed to prohibit: a. Any individual other than a certified public accountant or public accountant who is an officer of a corporation or partner of a partnership or sole proprietor of a business enterprise or member of a joint venture or member of a […]

7408 – Special Provisions.

§ 7408. Special provisions. 1. Nothing contained in this article shall be deemed to prohibit one or more certified public accountants or one or more public accountants, or any combination thereof, from forming a firm. 2. No firm shall use the words “certified public accountant” or “certified public accountants” or the letters “CPA” or “CPAs” […]

7409 – Mandatory Continuing Education.

§ 7409. Mandatory continuing education. 1. a. Each certified public accountant and public accountant required under article one hundred thirty of this title to register triennially with the department to practice in the state shall comply with the provisions of the mandatory continuing education requirements except as set forth in paragraphs (b) and (c) of […]

7410 – Mandatory Peer Review.

§ 7410. Mandatory peer review. 1. The department shall require as a condition to renewal of registrations under section seventy-four hundred eight of this article, that unless otherwise exempted by the department, applicants for firm registrations, undergo, no more frequently than once every three years, except pursuant to a disciplinary action brought under section seventy-four […]