(1) A fee authorized to be established pursuant to section 12-20-105 shall be paid for each application made to the board, whether it is an application for examination or reexamination or for issuance, renewal, reactivation, or reinstatement of a certificate of certified public accountant, an application for registration with the board as a public accounting firm, or any other application requiring formal action or consideration by the board. The fee required shall not be returnable irrespective of the action taken by the board.
A fee authorized to be established pursuant to section 12-20-105 shall be paid foreach examination in which the candidate is examined in the subjects prescribed by the board.
Repealed.
Nothing in this section shall be construed to authorize the board to impose any notice, fee, or other submission requirement on a certified public accountant or registered public accountant from another state or a foreign partnership, corporation, limited partnership, limited liability limited partnership, or limited liability company, that is practicing accountancy in this state pursuant to section 12-100-117 (2).
Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 796, § 1, effective October 1. L. 2020: (3) repealed, (HB 20-1326), ch. 126, p. 532, § 8, effective June 25.
Editor's note: (1) This section is similar to former § 12-2-106 as it existed prior to 2019.
(2) Section 47(1)(b) of chapter 126 (HB 20-1326), Session Laws of Colorado 2020, provides that the act changing this section applies to conduct occurring on or after June 25, 2020.
Cross references: For the short title ("Red Tape Reduction Act") and the legislative declaration in HB 20-1326, see sections 1 and 2 of chapter 126, Session Laws of Colorado 2020. 12-100-107. Certificate of certified public accountant - issuance - renewal reinstatement - rules. (1) The board shall grant a certificate of certified public accountant to any applicant who:
Repealed.
Satisfies the board of the applicant's continued competence; or(c) (I) Passes a written examination pursuant to section 12-100-109; and (II) Meets the requirements of section 12-100-108.
All certificates issued pursuant to this article 100 are subject to the renewal, expiration, reinstatement, and delinquency fee provisions specified in section 12-20-202 (1) and (2). Any person whose certificate has expired shall be subject to the penalties provided in this article 100 or section 12-20-202 (1).
Any person who practices certified public accounting after the expiration of his orher certificate shall be practicing in violation of this article 100. The board may refuse to reactivate or reinstate any expired certificate for conduct that constitutes a violation of this article 100.
Effective on the first renewal period established by the board after May 31, 2011, theboard shall not renew the certificate of a holder who issues attest or compilation reports unless the certificate holder performs public accounting within a partnership, professional corporation, or limited liability company or the certificate holder has undergone a peer review conducted according to rules promulgated by the board that meet the standards for performing and reporting on a peer review of the American Institute of Certified Public Accountants or an equivalent standard.
Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 797, § 1, effective October 1. L. 2020: (1)(a) repealed, (HB 20-1326), ch. 126, p. 532, § 9, effective June 25.
Editor's note: (1) This section is similar to former § 12-2-108 as it existed prior to 2019.
(2) Section 47(1)(b) of chapter 126 (HB 20-1326), Session Laws of Colorado 2020, provides that the act changing this section applies to conduct occurring on or after June 25, 2020.
Cross references: For the short title ("Red Tape Reduction Act") and the legislative declaration in HB 20-1326, see sections 1 and 2 of chapter 126, Session Laws of Colorado 2020.