To amend provisions about CPE & other topics.
Purpose of legislation
Provides for the Board to establish regulations requiring CPE in ethics and to maintain a list of consultants to assist in investigations and to provide expert testimony in disciplinary proceedings. Further, the legislation increases the maximum penalty that may be imposed for a regulatory violation from $2500 to $100,000; requires a CPA practicing in VA under substantial equivalency to have an unrestricted license in the state of licensure; and changes the reporting year for CPE from July 1 through June 30 to January 1 through December 31 for certain transition rules.
|Legislation mandating a change||Chap 291 (2003)|
|VAC chapters to be amended|
|Associated Regulatory Actions||No regulatory action has been filed.|
|Deadline for the regulation to become effective||6/4/2004|