Ohio Administrative Code Search

...he following standing committees: (1) The executive committee shall be responsible for overall review of board policy. The committee membership shall consist of three members, and shall include the board chair, the board vice chair, and the board secretary. The board chair may also appoint additional committee members. (2) The office oversight committee shall be responsible for overall revie...

...rule addressing requirements in section 1347.15 of the Revised Code. (C) "Computer system" means a "system," as defined by section 1347.01 of the Revised Code, that stores, maintains, or retrieves personal information using electronic data processing equipment. (D) "Confidential personal information" has the meaning as defined by division (A)(1) of section 1347.15 of the Revised Code and is ...

...the following education requirements: (1) The education requirement set forth in division (C) of section 4701.06 of the Revised Code. (2) A candidate who seeks to take the CPA examination under division (C) of section 4701.06 of the Revised Code shall meet the accounting concentration and business course requirement defined in this rule. (3) A candidate who seeks to take the CPA examination...

...entration described in division (D)(1)(b) of section 4701.06 of the Revised Code shall include thirty semester hours credit or equivalent in accounting courses, that includes course work in the following subject areas: (1) Auditing in accordance with the generally accepted auditing standards defined in rule 4701-9-03 of the Administrative Code. (2) Financial accounting. (3) Management accou...

...the following education requirements: (1) The education requirement set forth in division (C) of section 4701.06 of the Revised Code. (2) A candidate who seeks to take the CPA examination under division (C) of section 4701.06 of the Revised Code shall meet the accounting concentration and business course requirement defined in this rule. (3) A candidate who seeks to take the CPA examination...

...in division (A)(3)(a) of section 4701.06 of the Revised Code, shall be waived by the board if a candidate meets the educational requirement to take the CPA Examination pursuant to division (B)(2) of section 4701.06 of the Revised Code and achieves a total score of six hundred seventy on the "Graduate Management Admission Test" or a total score of six hundred fifteen on the "Graduate Management Adm...

...it for that subject. (B) As of January 1, 2024, a candidate who earns initial conditional credit for one or more subjects of the CPA examination must complete the remaining subject or subjects of the examination by the last day of the thirtieth month from the date the candidate earns a passing grade on the first CPA examination subject. Any candidate who earned conditional credit for one or more ...

...PA certificate to any person who: (1) Does not hold a foreign certificate issued by any other state, territory, or political subdivision of the United States; (2) Is eighteen years of age; (3) Has successfully completed the education requirement described by division (A)(3)(a) of section 4701.06 of the Revised Code; or successfully completed the special examination to qualify to take th...

...PA certificate to any person who: (1) Does not hold a foreign certificate issued by any other state, territory, or political subdivision of the United States; (2) Is eighteen years of age; (3) Has successfully completed the education requirement described by division (A)(2)(a) of section 4701.06 of the Revised Code; or successfully completed the special examination to qualify to take th...

...nting" means either of the following: (1) The performance of or offering to perform any engagement that will result in the issuance of any report in accordance with the professional standards defined in rule 4701-9-03, 4701-9-04, 4701-9-05, or 4701-9-06 of the Administrative Code. (2) The performance of or offering to perform services in accordance with applicable professional standards defined ...

... holder or registered firm shall not: (1) Practice public accounting for a contingent fee for, or receive such a fee from, a client for whom any of the following professional engagements are performed: (a) An audit or review of a financial statement. (b) A compilation of a financial statement when the Ohio permit holder expects, or reasonably might expect, that a third party may use the financial statement and if ...

...der or registered firm shall not: (1) Practice public accounting for a contingent fee for, or receive such a fee from, a client for whom any of the following professional engagements are performed: (a) An audit or review of a financial statement. (b) A compilation of a financial statement when the Ohio permit holder expects, or reasonably might expect, that a third party may use the financi...

...isleading CPA firm name is one which: (1) Contains any representation that would be likely to cause a reasonable person to misunderstand or be confused about the legal form of the firm, or about who are the owners or members of the firm, including reference to a type of organization or an abbreviation thereof which does not accurately reflect the form under which the firm is organized, including, but not limited to ...

...public accounting as defined in rule 4701-7-04 of the Administrative Code, whether as an owner or employee, only in the form of a sole proprietorship, a partnership, limited liability company, professional association, corporation, or other legal entity whose characteristics conform to the Revised Code and rules of the board. (B) The name of a public accounting firm as defined in paragraph (P) of...

...t engagement" is defined in rule 4701-9-05 of the Administrative Code. (C) "Completion letter" means a letter issued by the peer review sponsoring organization which communicates to the firm that all remedial actions specified in a prior acceptance letter have been completed and the peer review is complete. (D) "Conditional acceptance letter" means an acceptance letter which communicates accepta...

...accountants employed by the firm: (1) A public accounting firm that employs up to four Ohio permit holders shall pay an initial registration fee of thirty dollars. (2) A public accounting firm that employs five to nine Ohio permit holders shall pay an initial registration fee of ninety dollars. (3) A public accounting firm that employs ten or more Ohio permit holders shall pay an initial re...

...peer review firm pursuant to section 4701.04 of the Revised Code. (C) Any business or CPA permit holder that does not perform any engagements which result in the issuance of an attest report and is exempt from peer review requirements; and that assumes or uses the titles or designations "certified public accountant" or "public accountant," or the abbreviations "CPA" or "PA," must register as ...

...er review committee, defined in rule 4701-13-01 of the Administrative Code, deems the firm's peer review completed. (F) Based upon the peer review outcome as stated in the acceptance letter, the board or its authorized peer review program administrator may impose remedial actions pursuant to division (H)(1)(a) of section 4701.04 of the Revised Code, which the public accounting firm must compl...

... supporting documentation and if: (1) An outline is prepared and preserved by the program sponsor. (2) The program is at least fifty minutes in length, except as provided in paragraph (C) of rule 4701-15-04 of the Administrative Code. (3) The program is conducted by a qualified instructor, discussion leader or lecturer. (4) A record of registration or attendance is maintained by the pr...

...n defined in division (B) of section 4701.10 of the Revised Code, and who wishes to obtain the Ohio permit defined in division (A) of section 4701.10 of the Revised Code must first complete continuing education as follows: (1) A total of one hundred twenty credits of continuing education within the thirty-six months prior to application for an Ohio permit. (2) Within the total of one hundred...

...t specifically listed in paragraphs (B)(1) to (B)(6) of rule 4701-15-05 of the Administrative Code may apply for registration with the board. Sponsor registration shall be on a form provided by the board, and shall include the following information: (1) The name and address of the sponsor; (2) The name, address, and telephone number of the person in charge of the continuing education program...

...nce with the provisions of division (H)(1) of section 4701.10 of the Revised Code, shall assess an education assistance surcharge in addition to the triennial Ohio permit and Ohio registration fee imposed pursuant to divisions (A) and (B) of section 4701.10 of the Revised Code, respectively, in the amount of thirty dollars. (B) The board may prorate the education assistance surcharge in cases where it issues Ohio pe...

...(A) Certificates of qualification. (1) A person registered by the board under section 4703.07 or 4703.08 of the Revised Code, will upon payment of the fee required in rule 4703-1-04 of the Administrative Code, receive a certificate as provided under section 4703.10 of the Revised Code. (2) Only one certificate of qualification shall be issued to a registered architect. In the event a certificate is damaged, the bo...

...(A) Certificates of qualification. (1) A person registered by the board under section 4703.07 or 4703.08 of the Revised Code, will upon payment of the fee required in rule 4703-1-04 of the Administrative Code, receive a certificate as provided under section 4703.10 of the Revised Code. (2) Only one paper certificate of qualification shall be issued to a registered architect. In the event a paper certificate is dama...

...(A) Definitions. (1) "Armed forces" means the armed forces of the United States, including the army, navy, air force, marine corps, coast guard, or any reserve components of those forces; the national guard of any state; the commissioned corps of the United States public health service; the merchant marine service during wartime; such other service as may be designated by congress; or the Ohio organized militia when...