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Bill > H133


MA H133

MA H133
To modernize public accountancy


summary

Introduced
01/23/2017
In Committee
03/29/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to public accountancy. Consumer Protection and Professional Licensure.

AI Summary

This bill aims to modernize public accountancy in Massachusetts. It makes several changes to the state's General Laws, including: striking out references to "financial statements" and replacing them with broader language about "attest or compilation" services; reducing the number of years of experience required for certain certifications; requiring firms holding out-of-state certificates to obtain a Massachusetts license if they provide attest or compilation services in the state; mandating that licensees adhere to the American Institute of CPAs' Code of Professional Conduct; and modifying requirements for firms to register their offices with the state accounting board.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (2)

Last Action

No further action taken (on 01/01/2019)

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