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2013 SESSION

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HB 1959 Certified public accountants; time for filing complaints with Board of Accountancy, etc.

Introduced by: Jackson H. Miller | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Board of Accountancy; time for filing complaints. Provides that a complaint against a CPA or CPA firm must be received by the Board of Accountancy (i) within three years of the act, omission, or occurrence giving rise to the alleged violation or (ii) where the regulant has misrepresented, concealed, or omitted any information material to the establishment of a violation, within two years of the date of discovery of the misrepresentation, concealment, or omission. Public information obtained from any source by the Executive Director or agency enforcement staff may serve as the basis for a written complaint against a CPA or CPA firm. The bill also (a) provides that the Board may initiate an investigation of a regulant within two years of the filing of criminal charges against the regulant if such charges involve matters that, if found to be true, would also constitute a violation of the regulations or laws of the regulant's profession enforced by the Board and (b) clarifies that the provision limiting the Board's ability to proceed with an investigation shall not deny the right of any party to bring a civil cause of action in a court of law.


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