The purpose of the rule amendment is to update the rule language to be consistent with terminology used in accounting and to clarify the scope and meaning of terms used in section 468.525. The effect is that the Board’s ....

Document Information

Comments Open:: 12/29/2021
Summary:: The proposed amendment updates the existing rule by proposing current definitions in place of outdated and repealed definitions as well as by adding new definitions to clarify the service agreement language required by 468.525.
Purpose:: The purpose of the rule amendment is to update the rule language to be consistent with terminology used in accounting and to clarify the scope and meaning of terms used in section 468.525. The effect is that the Board’s rule will, when amended, be consistent with professional terminology as well as provide the scope, meaning, and purpose of required service agreement language.
Rulemaking Authority:: 468.520, 468.522, 468.525 FS.
Law:: 468.520, 468.522, 458.525(4)(b), 468.529(1) FS.
Related Rules: (1): 61G7-6.001. Definitions