HB 413 (2011) -  Public Accountancy

by Ford
Authorizes Board of Accountancy to establish peer review oversight committee; revises licensure renewal requirements for firms engaged in certain aspects of public accounting; requires such firms to enroll in peer review programs & undergo peer reviews; requires firms that fail specified number of peer reviews to submit certain documentation to board; requires board to establish minimum standards for peer review programs; provides for approval of peer review administering organizations; requires such organizations to submit certain information to board; authorizes board to withdraw approval of peer review administering organizations; limits liability of certain persons relating to performance of certain services & duties of peer review administering organizations; provides that proceedings, records, & workpapers of peer review administering organizations are confidential & privileged; prohibits persons involved in peer reviews from testifying; provides additional grounds for discipline of firms engaged in certain aspects of public accounting; revises requirements for reissuance of licenses after compliance with disciplinary final orders.
Effective Date: July 1, 2011
Last Event: Died in Business & Consumer Affairs Subcommittee on Saturday, May 7, 2011 2:07 AM

Related Bills

Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Business & Consumer Affairs Subcommittee Time: 05/07/2011 - 2:07 AM Member: Committee: Business & Consumer Affairs Subcommittee Version: __
Event: H Indefinitely postponed and withdrawn from consideration Time: 05/07/2011 - 12:01 AM Member: Committee: Version: __
Event: H 1st Reading Time: 03/08/2011 - 10:24 PM Member: Committee: Version: __
Event: H Now in Business & Consumer Affairs Subcommittee Time: 02/07/2011 - 7:07 PM Member: Committee: Business & Consumer Affairs Subcommittee Version: __
Event: H Referred to Economic Affairs Committee Time: 02/07/2011 - 7:07 PM Member: Committee: Economic Affairs Committee Version: __
Event: H Referred to Government Operations Appropriations Subcommittee Time: 02/07/2011 - 7:07 PM Member: Committee: Government Operations Appropriations Subcommittee Version: __
Event: H Referred to Rulemaking & Regulation Subcommittee Time: 02/07/2011 - 7:07 PM Member: Committee: Rulemaking & Regulation Subcommittee Version: __
Event: H Referred to Business & Consumer Affairs Subcommittee Time: 02/07/2011 - 7:07 PM Member: Committee: Business & Consumer Affairs Subcommittee Version: __
Event: H Filed Time: 01/25/2011 - 8:30 AM Member: Ford Committee: Version: __