Wisconsin Statutes 442.001 – Definitions
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In this chapter:
Terms Used In Wisconsin Statutes 442.001
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(1) “Attest service” means any of the following:
(a) An audit or any other engagement that is performed or intended to be performed in accordance with rules promulgated under s. 442.01 (1) (a).
(b) A review of a financial statement that is performed or intended to be performed in accordance with rules promulgated under s. 442.01 (1) (b).
(c) An examination of prospective financial information that is performed or intended to be performed in accordance with rules promulgated under s. 442.01 (1) (c).
(3) “Examining board” means the accounting examining board.
(4) “Firm” means a proprietorship, partnership, limited liability partnership, corporation, service corporation, or limited liability company.
(5) “Member of a firm” means a director, manager, employee, officer, owner, shareholder, principal, or partner of a firm.