The purpose of the rule amendment is to update the rule language to be consistent with terminology currently used in accounting. The effect is that the Board’s rule will, when amended, be consistent with current professional ....

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Board of Employee Leasing Companies

RULE NO.:RULE TITLE:

61G7-5.0033Consolidated and Combined Financial Statements

PURPOSE AND EFFECT: The purpose of the rule amendment is to update the rule language to be consistent with terminology currently used in accounting. The effect is that the Board’s rule will, when amended, be consistent with current professional terminology.

SUBJECT AREA TO BE ADDRESSED: The rule amendment addresses consolidated and combined financial statements.

RULEMAKING AUTHORITY: 468.522 FS.

LAW IMPLEMENTED: 468.525(2)(c), (3)(e), 468.526 FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Richard Morrison, Executive Director, Board of Employee Leasing Companies, 2601 Blair Stone Road, Tallahassee, Florida 32399-0783.

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.