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S.F. No. 0082 |
Certified public accountants. |
Sponsored By: Senator(s) Sessions,
Job and Meier
AN ACT relating to
certified public accountants; modifying provisions regulating the practice of
public accounting as specified; providing definitions; and providing for an
effective date.
02/10/2004 Bill Number Assigned
02/11/2004 S Received for Introduction
02/12/2004 S Introduced and Referred to S03
ROLL CALL
Ayes:
Senator(s) Anderson, J., Barrasso, Boggs, Burns, Caller, Cathcart, Coe,
Decaria, Devin, Erb, Geis, Goodenough, Hawks, Job, Kunz, Meier, Mockler, Peck,
Roberts, Sessions, Townsend and Vasey.
Nays:
Senator(s) Case, Hanes, Hines, Massie, Northrup, Schiffer and Scott.
Excused:
Senator(s) Larson
Ayes
22 Nays 7 Excused 1 Absent
0 Conflicts 0
02/19/2004 S03 Recommended Amend and Do Pass
ROLL CALL
Ayes:
Senator(s) Anderson, J., Erb, Job, Mockler and Peck
Ayes
5 Nays 0 Excused 0 Absent
0 Conflicts 0
02/19/2004 S Placed on General File
SF0082SS001/ADOPTED
Page
1-line 13 Delete
"(h)" insert "(j)".
Page
1-line 17 Delete
"(a) and (b)".
Page
2-line 7 After
"applies" insert "only".
Page
9-line 1 After
"of" insert "certified".
Page
12-after line 20 Insert:
"(j) Nothing in
subsection (c) of this section shall be construed to prohibit public
accountants from providing the services listed in subsection (c) of this
section as long as the public accountant does not hold himself out to be a
certified public accountant.".
Page
14-line 18 After
"firms" insert "that have been issued permits under this act".
Page
14-line 19 Delete
"that has been".
Page
14-line 20 Delete
line through "act".
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21-line 15 Delete
"CPA firm" insert "organization".
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21-line 19 Delete
"CPA firm" insert "organization".
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21-line 21 Delete
"CPA firm" insert "organization".
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21-after line 24 Insert:
(c) A non-certificate holder may only use the
following safe harbor language or other non-SSARS language: I(We) have reviewed
the accompanying (financial statement) of (name of entity) as of (time period)
for the (period) then ended. These
financial statements (information) are(is) the responsibility of the company's
management. I(We) have not audited or
reviewed the accompanying financial statements and accordingly do not express
an opinion or any other form of assurance on them.
(d) A non-certificate holder may only use the
following safe harbor language or other non-SSARS language: I(We) have compiled
the accompanying (financial statement) of (name of entity) as of (time period)
for the (period) then ended. This
compilation is limited to preparing in the form of financial statements
information that is the representation of management (owners). I(We) have not audited or reviewed the
accompanying financial statements and accordingly do not express an opinion or
any other form of assurance on them.".
Page
22-line 19 Strike
"a partnership"; delete ", limited".
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22-line 20 Delete
"liability company"; strike
"or corporation" insert "an
organization".
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22-line 22 Strike
"partnership"; delete ",".
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22-line 23 Delete
"limited liability company";
strike "or corporation" insert "organization". PECK, CHAIRMAN
02/20/2004 S Passed CoW
02/23/2004 S Laid Back Pursuant to SR 10-4A
SF0082S2001/ADOPTED
Page
21-after line 24 In
the Senate Standing Committee Amendment (SF0082SS001/A) to this line, in
subsection (c), after "not audited"
delete "or reviewed". SESSIONS
02/24/2004 S Passed 2nd Reading
02/25/2004 S Passed 3rd Reading
ROLL CALL
Ayes:
Senator(s) Anderson, J., Barrasso, Boggs, Burns, Caller, Cathcart, Coe,
Decaria, Devin, Erb, Geis, Goodenough, Hanes, Hawks, Hines, Job, Kunz, Larson,
Massie, Meier, Mockler, Northrup, Peck, Roberts, Schiffer, Scott, Sessions,
Townsend and Vasey.
Nays:
Senator(s) Case
Ayes
29 Nays 1 Excused 0 Absent
0 Conflicts 0
02/26/2004 H Received for Introduction
02/26/2004 H Introduced and Referred to H07
03/01/2004 H07 Recommended Amend and Do Pass
ROLL CALL
Ayes:
Representative(s) Illoway, Jansen, Johnson, L., Martin, McOmie,
Petersen, Prosser and Ross
Excused:
Representative(s) Latta
Ayes
8 Nays 0 Excused 1 Absent
0 Conflicts 0
03/01/2004 H Placed on General File; Did Not
Consider in CoW
03/05/2004 H Indefinitely Postponed