CHAPTER 6. ACCOUNTING PRACTITIONERS
IC 25-2.1-6
Chapter 6. Accounting Practitioners
IC 25-2.1-6-1
Repealed
(Repealed by P.L.190-2007, SEC.16.)
IC 25-2.1-6-2
Repealed
(Repealed by P.L.190-2007, SEC.16.)
IC 25-2.1-6-3
Repealed
(Repealed by P.L.190-2007, SEC.16.)
IC 25-2.1-6-4
Repealed
(Repealed by P.L.190-2007, SEC.16.)
IC 25-2.1-6-4.5
No new certificates; renewal of certificate held before July 1, 2007
Sec. 4.5. (a) The board may not issue a certificate under thischapter after July 1, 2007.
(b) The board may renew a certificate under this chapter that isheld validly before July 1, 2007.
As added by P.L.190-2007, SEC.11.
IC 25-2.1-6-5
Use of title "accounting practitioner"
Sec. 5. An individual who is registered with the board to practiceaccounting as an accounting practitioner and holds a valid certificateissued under section 1 of this chapter (before its repeal) or renewedunder IC 25-2.1-4 may be known as an "accounting practitioner" andmay use the abbreviation "AP". However, an individual registered asan accounting practitioner may not prepare or render accountingopinions or certificates for any purpose, including financialstatements, schedules, reports, or exhibits for publication, creditpurposes, and use in a court.
As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,SEC.36; P.L.190-2007, SEC.12.
IC 25-2.1-6-6
Practice of accounting practitioners as firm
Sec. 6. A firm engaged in Indiana in the practice of accountancyas accounting practitioners shall register with the board as a firm ofaccounting practitioners, and have and maintain all of the followingrequirements:
(1) A least one (1) partner must be a certified public accountant,a public accountant, or an accounting practitioner who holds anactive certificate to practice in Indiana. (2) Each partner personally engaged within Indiana in thepractice of accountancy as a member of the firm must be acertified public accountant, a public accountant, or anaccounting practitioner who holds an active certificate topractice in Indiana.
(3) Each partner:
(A) shall be a certified public accountant, a publicaccountant, or an accounting practitioner in good standing ofa state; or
(B) who is a nonresident of the United States and who is nota certified public accountant, a public accountant, or anaccounting practitioner in good standing of a state shall holda license or rating in a foreign country that is equivalent tothat of a certified public accountant, a public accountant, oran accounting practitioner in the United States.
(4) Each resident manager in charge of an office of a firm inIndiana must be a certified public accountant, a publicaccountant, or an accounting practitioner who holds a certificateto practice in Indiana.
As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,SEC.37.
IC 25-2.1-6-7
Verification of application for firm registration; notice ofmembership changes
Sec. 7. (a) An application for registration must be verified by apartner, a member, an officer, or a shareholder of the firm who holdsa certificate to practice in Indiana as a certified public accountant, apublic accountant, or an accounting practitioner.
(b) The board shall determine whether each applicant is eligiblefor registration.
(c) A firm that is registered and holds a firm permit issued underthis chapter may use the words "accounting practitioners" or theabbreviation "APs" in connection with the firm's name.
(d) Notification must be given the board, at least thirty (30) daysafter the admission to or withdrawal of a partner, a member, anofficer, or a shareholder residing in Indiana from a registered firm.
As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,SEC.38.
IC 25-2.1-6-8
Issuance or renewal of permit to firm
Sec. 8. (a) The board shall issue or renew a permit to anaccounting practitioner firm that applies and meets the requirementsunder this chapter.
(b) Applications and renewals under this chapter are subject toIC 25-2.1-5-2 and IC 25-2.1-5-3.
As added by P.L.128-2001, SEC.39.