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 ....

Document Information

Comments Open:: 12/29/2021
Summary:: The proposed amendment updates the rule to reference the current name of the general accounting principles that are to be followed when consolidated or combined reviewed or audited financial statements are submitted to the Department by Florida licensed employee leasing companies, and refers the public and licensees to definitions in rule 61G7-6.001.
Purpose:: 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.
Rulemaking Authority:: 468.522 FS.
Law:: 468.525(2)(c), (3)(e), 468.526 FS.
Related Rules: (1): 61G7-5.0033. Consolidated and Combined Financial Statements