§ 54. General powers and duties of the Board
§ 54. General powers and duties of the Board (a) The Board shall adopt rules concerning: (1) a definition of the practice of public accountancy, interpreting section 13 of this title as appropriate; (2) qualifications for obtaining licensure, interpreting the relevant statutes as appropriate; (3) forms approved by the Secretary of State, which are to […]
§ 56. Fees
§ 56. Fees Applicants and persons regulated under this chapter shall pay the following fees:
§ 71a. License by examination
§ 71a. License by examination (a) A license as a “certified public accountant” shall be granted by the Board to any person: (1) who is of good character; (2) who completes: (A) [Repealed.] (B) 150 or more semester hours of college credit at a college or university recognized by the Board, including a baccalaureate degree […]
§ 72a. General licensing provisions
§ 72a. General licensing provisions (a) If a licensee has a principal place of business for the practice of public accounting, the license shall be prominently displayed at that place. (b) Licensing standards adopted and used by the Board, and its procedures, shall be fair and reasonable and shall be designed and implemented to measure […]
§ 13. Definitions
§ 13. Definitions As used in this chapter: (1)(A) “Attest services” means providing the following services: (i) any audit or other engagement to be performed in accordance with the Statements on Auditing Standards (SAS); (ii) any review of a financial statement or compilation of a financial statement to be performed in accordance with the Statement […]
§ 14. Prohibitions
§ 14. Prohibitions (a) No person or firm shall issue a report on financial statements of, or provide attest services for, any other person, firm, organization, or governmental unit unless the person or firm is licensed or registered under this chapter. This prohibition does not apply to: (1) an individual with practice privileges set forth […]
§ 15. Exemptions
§ 15. Exemptions Nothing in this chapter shall prohibit: (1) A federal, State, or municipal officer or employee from performing the lawful functions and duties of any office or service required. (2) An officer, employee, partner, or principal of any organization from: (A) signing a statement or report in reference to the affairs of that […]
§ 17. Penalty
§ 17. Penalty Any person who violates any provision of section 14 of this chapter shall be subject to the penalties set forth in 3 V.S.A. § 127. (Added 1975, No. 89, § 11; amended 1981, No. 161 (Adj. Sess.), § 2; 2007, No. 29, § 7; 2019, No. 30, § 9.)
§ 51. Creation of Board
§ 51. Creation of Board (a) The Board of Public Accountancy is created, consisting of five members, who shall be residents of this State. (b) At least one member of the Board shall be a member of the public who has no pecuniary interest in accounting other than as a consumer or possible consumer of […]