AN ACT RELATING TO BUSINESSES AND PROFESSIONS -- PUBLIC ACCOUNTANCY

Summary

The bill revises the wording of dozens of terms used in the state’s public accounting statutes, including what a CPA is, what counts as attest work, and how practice units are defined. It affects licensed accountants, CPA firms, and the Board of Accountancy that oversees them by providing clearer, more up‑to‑date legal language. The changes are intended to align state terminology with national accounting standards and improve regulatory consistency.

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