Business, 01.12.2020 21:50 aruhter9485

Using online research, summarize how the accountancy profession is regulated in your State. Make sure to include the following information: How are CPA’s licensed and certified in your State?

What type of continuing education is required to maintain licensure?

How is the membership of the Board of Accountancy structured?

* i can't answer my own question but here:

** this is directly from edmentum
I have conducted online research on the regulation of the accounting industry in the state of Florida.

The Certified Public Accountants (CPA) are certified and licensed by the Department of Business and Professional Regulation. A person who wishes to be licensed as a Florida certified public accountant has to apply to the department to take the licensure examination. The applicants have to be of good moral character and should have completed 120 semester hours or 180 quarter hours in an accredited college or university. The course pursued by the applicant in the colleges or universities should have more stress in accountancy and business.

Once the applicant passes the licensure examination and other necessary specifications, he/she is granted the license to practice as a CPA in the state of Florida.

If a Florida certified public accountant wants to renew his or her license, proof has to be submitted to the Board of Accountancy. The accountant has to prove that during the period of two years prior to the application for renewal, the accountant has completed not less than 48 hours and not more than 80 hours of continuing professional examination program. This program also should be the one that has been accredited by the board.

The Department of Business and Professional Regulation of the State of Florida has created the Board of Accountancy. This board has nine members. Seven of these members should be certified public accountants who have been licensed by the state of Florida. The other two persons could be people who may not have any connection with either the accounting profession or its industry. The seven CPAs should be practicing accountants. Though there are no age specifications, one member must be 60 years or older. The Senate confirms the selection of these members and the Governor appoints them for a period of five years.

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Using online research, summarize how the accountancy profession is regulated in your State. Make sur...

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