A certified public accountant shall comply with the following general standards and must justify any departures therefrom:
(1) Professional competence. A certified public accountant shall undertake only those engagements which he or his firm can reasonably expect to complete with professional competence. A certified public accountant must be in charge of all public accounting services performed by the firm.
(2) Due professional care. A certified public accountant shall exercise due professional care in the performance of an engagement.
(3) Planning and supervision. A certified public accountant shall adequately plan and supervise an engagement.
(4) Sufficient relevant data. A certified public accountant shall obtain sufficient relevant data to afford a reasonable basis for conclusions or recommendations in relation to an engagement.
Rulemaking Authority 473.304, 473.315 FS. Law Implemented 473.315 FS. History–New 12-4-79, Amended 2-3-81, Formerly 21A-22.01, 21A-22.001, Amended 12-30-97, 12-10-09.
This ends the Florida Regulation. Soreide Law Group reminds all CPA’s to monitor the Florida Regulations to be updated on all changes. Remember, your license is your livelihood.
Soreide Law Group represents Florida licensed CPA’s in front of the Florida Board of Accountancy (BOA) and the Public Company Accounting Oversight Board (PCAOB) regarding any licensing issues. For more information about professional licensing law please call to speak with an attorney at: (888) 760-6552.