General powers and duties of the Board

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§ 54. General powers and duties of the Board

(a) The Board shall adopt rules concerning:

(1) a definition of the practice of public accountancy, interpreting section 13 of this title as appropriate;

(2) qualifications for obtaining licensure, interpreting the relevant statutes as appropriate;

(3) forms approved by the Secretary of State, which are to be used by the Board; and

(4) explanations of appeal and other significant rights given to applicants and the public.

(b) The Board may:

(1) conduct examinations and pass upon the qualifications of applicants for licensing;

(2) adopt rules of professional conduct for establishing and maintaining high standards of competence and integrity in the profession of public accounting;

(3) adopt rules establishing reasonable continuing education requirements, not to exceed 40 hours per year, and establish or approve continuing education programs to assist a licensee in meeting these requirements;

(4) investigate suspected violations of section 14 of this title and suspected unprofessional conduct;

(5) conduct hearings;

(6) issue subpoenas and administer oaths in connection with any authorized investigation or hearing;

(7) take or cause depositions to be taken as needed in any investigation or hearing before it;

(8) receive legal assistance from the Secretary of State's office and from the Attorney General;

(9) seek and obtain injunctions to restrain violations of section 14 of this title or unprofessional conduct;

(10) cooperate with licensing and regulatory authorities in other jurisdictions to investigate suspected violations of section 14 of this title and suspected unprofessional conduct; and

(11) adopt rules regarding peer reviews that may be required to be performed under this chapter.

(c) The Board annually may submit a proposed budget to the Secretary of State. (Amended 1975, No. 89, § 4; 1981, No. 161 (Adj. Sess.), § 2; 1985, No. 257 (Adj. Sess.), § 2; 1991, No. 167 (Adj. Sess.), § 5; 1997, No. 145 (Adj. Sess.), § 31; 2001, No. 129 (Adj. Sess.), § 8; eff. June 13, 2002; 2007, No. 29, § 9.)


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