The Board proposes to change the language regarding the deadline for submitting continuing professional education requirements.

Board of Accountancy

RULE NO.: RULE TITLE:

61H1-33.003 Continuing Professional Education

PURPOSE AND EFFECT: The Board proposes to change the language regarding the deadline for submitting continuing professional education requirements.

SUMMARY: The deadline for submitting continuing professional education requirements will be changed to December 31 of the applicant’s renewal year.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS: No Statement of Estimated Regulatory Cost was prepared.

Any person who wishes to provide information regarding the statement of estimated costs, or to provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

SPECIFIC AUTHORITY: 120.55(1)(a)4 FS., 455.213(6) FS., 455.2177 FS., 455.2178 FS., 455.2179 FS., 473.304 FS., 473.312 F.S.

LAW IMPLEMENTED: 455.213(6) FS., 455.2177 FS., 455.2178 FS., 455.2179 FS., 473.312(1)(a)FS., 473.312(1)(c) F.S.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAW.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: John Johnson, Executive Director, Board of Accountancy/MQA, 240 N.W. 76th Dr., Suite A, Gainesville, Florida 32607

 

THE TEXT OF THE PROPOSED RULE IS:

 

61H1-33.003 Continuing Professional Education.

(1) through (5) No change.

(6) Each certified public accountant shall, on or before July 15 prior to his biennial license renewal, report on forms prescribed by the Board, programs of continuing professional education completed during the applicable reestablishment period. Each certified public accountant’s documentation supporting such programs shall be retained through the two years following a two-year reestablishment period. Documentation is to be retained to support evidence of completion of the required hours to enable a random audit by the Department of Business and Professional Regulation to determine compliance with the requirements. If staff review or review by the Committee on Continuing Professional Education determines that courses are either improperly classified or do not otherwise meet the requirements of the chapter, then the licensee will be given 60 days from the date of notification, but no later than December 31 1, to comply with the continuing professional education requirements. Licensees who complete the continuing professional education requirements timely but who are found to be deficient after December 31 1, of their renewal year must correct the error and pay a $50 fine within 60 days.

(7) No change.

Specific Authority 120.55(1)(a)4 FS., 455.213(6) FS., 455.2177 FS., 455.2178 FS., 455.2179 FS., 473.304 FS., 473.312 FS. Law Implemented 455.213(6) FS., 455.2177 FS., 455.2178 FS., 455.2179 FS., 473.312(1)(a) FS., 473.312(c) FS. History–New 12-4-79, Amended 2-3-81, 4-5-83, 10-19-83, 8-20-85, Formerly 21A-33.03, Amended 9-18-88, 7-7-92, 12-2-92, Formerly 21A-33.003, Amended 12-14-93, 1-26-98, 12-17-00, 8-21-01, 3-21-05, 5-18-05, 7-10-05, ________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Board of Accountancy

NAME OF SUPERVISOR OR PERSON WHO APPROVED THE PROPOSED RULE: Board of Accountancy

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: January 27, 2006

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: October 28, 2005