Code of Virginia - Title 54.1 Professions And Occupations - Chapter 44 Public Accountants

  • 54.1-4400 Definitions
    As used in this chapter, unless the context clearly indicates otherwise: "Accredited institution" means a degree-granting college or university accredited either by (i) one of ...
  • 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 ...
  • 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 ...
  • 54.1-4403 General powers and duties of the Board
    The Board shall have the power and duty to: 1. Establish the qualifications of applicants for licensure, provided that all qualifications shall be necessary to ...
  • 54.1-4404 Board to employ Executive Director; legal counsel
    A. The Board shall employ an Executive Director who shall serve at the pleasure of the Board. The Executive Director shall direct the affairs of ...
  • 54.1-4405 Board of Accountancy Fund; receipts; disbursements
    A. The Board of Accountancy Fund (the Fund) is established as a special fund in the state treasury. All fees collected as provided in this ...
  • 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 ...
  • 54.1-4406 Powers and duties of the Executive Director
    Within the parameters of policies and guidelines established by the Board, the Executive Director shall have the power and duty to: 1. Employ personnel and ...
  • 54.1-4407 Enforcement of laws by the Executive Director or investigators; authority of investigators appointe...
    A. The Executive Director or investigators appointed by him shall: 1. Be sworn to enforce the statutes and regulations pertaining to the Board; 2. Have ...
  • 54.1-4408 Subpoenas
    In addition to the authority granted in § 2.2-4022 to issue subpoenas and the right to issue subpoenas granted the Board, the Executive Director or ...
  • 54.1-4409 Description unavailable
    Repealed by Acts 2007, c. 804, cl. 2. ...
  • 54.1-4409.1 Licensing requirements for persons.
    A. A person must be licensed in order to use the CPA title in Virginia. 1. The person shall hold a Virginia license if he ...
  • 54.1-4409.2 How a person may obtain a Virginia license.
    A. A person who has not held the license of any state may obtain a Virginia license under this subsection. 1. To be considered for ...
  • 54.1-4410 Description unavailable
    Repealed by Acts 2007, c. 804, cl. 2. ...
  • 54.1-4411 Substantial equivalency provisions for persons who hold the license of another state
    A. A person who holds the license of another state shall be considered to have met requirements that are substantially equivalent to those prescribed by ...
  • 54.1-4412 Description unavailable
    Repealed by Acts 2007, c. 804, cl. 2. ...
  • 54.1-4412.1 Licensing requirements for firms.
    A. Only a firm can provide attest services or compilation services to persons or entities located in Virginia. However, this shall not affect the privilege ...
  • 54.1-4413 , 54.1-4413.1
    Repealed by Acts 2007, c. 804, cl. 2. ...
  • 54.1-4413.2 The renewal and reinstatement of licenses and lifting the suspension of privileges.
    A. A Virginia license shall provide its holder with a 12-month privilege to use the CPA title in Virginia or provide attest services and compilation ...
  • 54.1-4413.3 Standards of conduct and practice.
    Persons using the CPA title in Virginia and firms providing attest services or compilation services to persons or entities located in Virginia shall conform to ...
  • 54.1-4413.4 Penalties.
    A. Penalties the Board may impose consist of: 1. Revoking the privilege of using the CPA title in Virginia or providing attest services or compilation ...
  • 54.1-4413.5 Confidential consent agreements.
    A. The Board may enter into a confidential consent agreement with a person or firm in lieu of disciplinary action. B. A confidential consent agreement: ...
  • 54.1-4414 Prohibited acts
    Neither (i) a person who does not hold a Virginia license or who does not meet the requirements to use the CPA title in Virginia ...
  • 54.1-4415 Exemptions from unlawful acts
    The unlawful acts listed in § 54.1-4414 shall not apply to a person or entity holding a certification, designation, degree, or license granted in a ...
  • 54.1-4416 Board's powers with respect to hearings under this chapter
    The Board may, in hearings arising under this chapter, determine the place in Virginia where the hearings shall be held; subpoena witnesses; take depositions of ...
  • 54.1-4417 Description unavailable
    Repealed by Acts 2007, c. 804, cl. 2. ...
  • 54.1-4418 Recovery of cost after grant of formal fact-finding
    After a formal fact-finding under § 2.2-4020 in which a penalty is imposed to fine, or to suspend, revoke or refuse to reinstate or lift ...
  • 54.1-4419 Description unavailable
    Repealed by Acts 2007, c. 804, cl. 2. ...
  • 54.1-4420 Annual audit
    The Board's financial statements shall be prepared in accordance with generally accepted accounting principles and shall be audited annually by the Auditor of Public Accounts, ...
  • 54.1-4421 Biennial report
    The Board shall submit a biennial report to the Governor and General Assembly on or before November 1 of each even-numbered year. The biennial report ...
  • 54.1-4422 Description unavailable
    Expired. ...
  • 54.1-4423 Use of consultants in investigations
    A. The Board may develop a roster of consultants and may contract with consultants to assist the Board in investigating and evaluating violations of the ...

Last modified: April 3, 2009