Sections
11 entriesSection 5060Prohibits public-accountancy practice under a false or misleading name or a name other than the one on the board-issued practice permit. Allows…Section 5061Prohibits the following: (a)Except as expressly permitted by this section, a person engaged in the practice of public accountancy may not: (1)…Section 5062Requires a licensee, upon completing a compilation, review, or audit of financial statements, to issue a report that conforms to professional standards.…Section 5062.2Prohibits a licensee from accepting employment with a publicly traded corporation or affiliate within 12 months after issuing a financial-statement report when…Section 5062.3Sets the responsibility of licensee owners of an accounting firm providing attestation services when none of those owners has authority to sign…Section 5062.4Requires the following: If a licensee is no longer employed with an accounting firm, the accounting firm must make all working papers…Section 5063Requires public-accountancy licensees to report specified convictions and discipline occurring on or after January 1, 1997 within 30 days of learning of…Section 5063.1Requires a California court, within 10 days after entry of a specified conviction or judgment, to report that conviction or judgment to…Section 5063.2Requires a professional-liability insurer or licensed surplus broker to report to the board within 30 days after paying any portion of a…Section 5063.3Requires the licensee to be disclosed by the licensee without the written permission of the client or prospective client. (2)Disclosures made by…Section 5063.10Exempts a financial-statement restatement included in a report filed with the U.S. Securities and Exchange Commission from the specified board-reporting requirement. It…