LSA #24-481 Accountancy Rules

Amends 872 IAC 1-0.5-1 concerning definitions; Amends 872 IAC 1-1-6.1 concerning educational requirements for licensure; Amends 872 IAC 1-1-6.3 concerning accepted colleges, universities, and degrees; Amends 872 IAC 1-1-6.4 concerning accredited degree equivalency requirements; Amends 872 IAC 1-1-8 concerning experience requirements; Amends 872 IAC 1-1-9.6 concerning education; Amends 872 IAC 1-1-10 concerning application; fees; Amends 872 IAC 1-1-10.5 concerning accountant investigative fund; Amends 872 IAC 1-1-19.1 concerning certified public accountants; Amends 872 IAC 1-2-2.1 concerning records furnished to clients; Amends 872 IAC 1-3-14.5 concerning Reactivation of inactive or retired license; Adds 872 IAC 1-3-14.6 concerning retired and inactive status; Adds 872 IAC 1-3-14.7 concerning CPE Reciprocity; Amends 872 IAC 1-3-16 concerning continuing education; Amends 872 IAC 1-4-1 concerning general requirements; Adds 872 IAC 1-6-1.5  concerning administering entity; Amends 872 IAC 1-6-2 concerning approved peer review program; Adds 872 IAC 1-6-4.5 concerning enrollment in peer review program; Adds 872 IAC 1-6-6.3 concerning Peer review oversight committee; Adds 872 IAC 1-6-6.4 concerning peer review standards; Adds 872 IAC 1-6-6.5 concerning peer reviewer/reviewing firm; Adds 872 IAC 1-6-6.6 concerning preparation of financial statements; Adds 872 IAC 1-6-6.7 concerning sponsoring organization; Amends 872 IAC 1-6-7 concerning peer review oversight committee; Repeals 872 IAC 1-6-8 concerning responsibilities of administering entity;

Adds 872 IAC 1-6-8.5 concerning approved peer review sponsoring organizations; Amends 872 IAC 1-6-9 concerning enrollment in an approved peer review program; Adds 872 IAC 1-6-9.5 concerning submission of peer review documents; Amends 872 IAC 1-6-10 concerning confidentiality; Repeals 872 IAC 1-6-11 concerning AICPA standards for peer review program; repeals 872 IAC 1-6-13 concerning informal dispute resolution

Indiana Government Center South
402 W Washington Street, Room W064
Indianapolis, IN 46204

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Meeting ID: 160 7640 9084

Ombudsman LSA  #24-481 12.17.24

pla14@pla.in.gov

Indiana Government Center South
402 W Washington Street, Room W072
Indianapolis, IN 46204

https://iar.iga.in.gov/register/20241127-IR-872240481RAA

Approved