Vermont Statutes Title 26 Sec. 72a
Terms Used In Vermont Statutes Title 26 Sec. 72a
- Board: means the Board of Public Accountancy. See
- Practice of public accounting: means the performance or the offering to perform by a person or firm holding itself out to the public as being licensed, registered, or otherwise authorized under this chapter, for a client or potential client, of one or more kinds of services involving the use of accounting or auditing skills, including the issuance of reports on financial statements, or of one or more kinds of management advisory, financial advisory, or consulting services, or the preparation of tax returns or the furnishing of advice on tax matters. See
- Principal place of business: means the office location designated by the licensee for the purposes of substantial equivalency and reciprocity. See
§ 72a. General licensing provisions
(a) If a licensee has a principal place of business for the practice of public accounting, the license shall be prominently displayed at that place.
(b) Licensing standards adopted and used by the Board, and its procedures, shall be fair and reasonable and shall be designed and implemented to measure and reasonably ensure an applicant’s qualifications to practice public accounting. They shall not be designed or implemented for the purpose of limiting the number of licensees.
(c) [Repealed.] (Added 1981, No. 161 (Adj. Sess.), § 2; amended 1991, No. 167 (Adj. Sess.), § 9; 1997, No. 40, § 15; 2001, No. 129 (Adj. Sess.), § 11; eff. June 13, 2002; 2007, No. 29, § 11; 2009, No. 35, § 41(a).)