Chapter 287 (2015 Acts of Assembly) Changes to Chapter 44 of Title 54.1 of the Code of Virginia
Purpose of legislation
Legislation contains technical updates to conform with recently updated professional standards and requirements for out-of-state CPA firms, and clarifies that out-of-state certified public accountant (CPA) firms practicing in Virginia must adhere to the same requirements as CPA firms licensed in Virginia. The bill defines financial statement preparation services, requires firm licensure in order to perform such services, and adds such services to the current services that may be provided by out-of-state CPA firms.
|Legislation mandating a change||Chap 287 (2015)|
|VAC chapters to be amended|
|Associated Regulatory Actions||