Mo. Rev. Stat. § 326.250
Citation of law
The provisions of sections 326.250 to 326.331 shall be known and may be cited as the "Missouri Accountancy Act".
Revised Statutes of Missouri Chapter 326 — Accountants
Missouri · statute · Mo. Rev. Stat. ch. 326 · 27 active provisions
Mo. Rev. Stat. § 326.253
Policy statement, purpose clause
It is the policy of this state and the purpose of this chapter to promote the reliability of information that is used for guidance in financial transactions or for accounting for or assessing the financial status or performance of commercial, noncommercial and governmental enterprises. The protection of the public inte…
Mo. Rev. Stat. § 326.256
Definitions
1. As used in this chapter, the following terms mean: (1) "AICPA", the American Institute of Certified Public Accountants; (2) "Attest" or "attest services", providing the following services: (a) Any audit or other engagement to be performed in accordance with the Statements on Auditing Standards (SAS); (b) Any examina…
Mo. Rev. Stat. § 326.257
Criminal background check, fingerprint submission
1. The Missouri state board of accountancy may require that fingerprint submissions be made as part of an application seeking licensure as a certified public accountant and a permit for a certified public accounting firm, as defined in section 326.256. 2. If the Missouri state board of accountancy requires that fingerp…
Mo. Rev. Stat. § 326.259
Missouri state board of accountancy established, appointment, members, qualifications, terms, removal
1. The "Missouri State Board of Accountancy" is hereby established and shall consist of seven members, one of whom shall be a voting public member, and shall have the functions, powers and duties prescribed in this chapter. 2. Each member of the board, except the public member, shall be a licensee pursuant to the laws…
Mo. Rev. Stat. § 326.262
Rulemaking authority — office maintained in Jefferson City
1. The Missouri state board of accountancy shall have power by rule to adopt and use a seal; make and amend all rules deemed necessary for the proper administration of this chapter; conduct examinations; administer oaths and hear testimony regarding complaints, investigations and disciplinary actions or in pursuing set…
Mo. Rev. Stat. § 326.265
Officers elected by board, employment of legal counsel and personnel — continuing education committee, duties
1. The board shall elect annually one of its members as president, one as vice president, one as secretary and one as treasurer, and shall make an annual report to the governor and the general assembly. The board shall file and preserve all written applications, petitions, complaints, charges or requests made or presen…
Mo. Rev. Stat. § 326.268
Meetings — examination of applicants, content, fees — compensation of board members
1. The board may prescribe by rule the dates and places for holding regular meetings and regulate the call, notice and holding of special meetings. Four members of the board shall constitute a quorum at any regular meeting or special meeting. 2. The board shall determine by rule the dates and times of examination of ap…
Mo. Rev. Stat. § 326.271
Rulemaking authority, conduct of matters and continuing education
1. The board shall promulgate rules of procedure for governing the conduct of matters before the board. 2. The board shall promulgate rules of professional conduct for establishing and maintaining high standards of competence and integrity in the profession of public accounting. 3. In promulgating rules and regulations…
Mo. Rev. Stat. § 326.274
Investigation of complaints by board
Upon receipt of a complaint or other information suggesting violations of this chapter or the rules of the board, the board may conduct investigations to determine if probable cause exists to institute proceedings pursuant to sections 326.295 to 326.316 against any person or firm for the violation, but an investigation…
Mo. Rev. Stat. § 326.277
Eligibility for examination, requirements
1. Prior to June 30, 2021, for an applicant to be eligible to apply for the examination, the applicant shall fulfill the education requirements of subdivision (4) of subsection 1 of section 326.280. 2. On or after June 30, 2021, for an applicant to be eligible to apply for the examination, the applicant shall: (1) Prov…
Mo. Rev. Stat. § 326.280
License issued, when — reexamination and fees — temporary license issued, when
1. A license shall be granted by the board to any person who meets the requirements of this chapter and who: (1) Is a resident of this state or has a place of business in this state or, as an employee, is regularly employed in this state; (2) Has attained the age of eighteen years; (3) Is of good moral character; (4) M…
Mo. Rev. Stat. § 326.283
Reciprocity for out-of-state accountants — licensee of this state committing act in another state, effect
1. (1) (a) An individual whose principal place of business, domicile, or residency is not in this state and who holds a valid and unrestricted license in good standing to practice public accounting from any state shall have all the privileges of licensees of this state without the need to obtain a license or to otherwi…
Mo. Rev. Stat. § 326.286
Issuance and renewal of licenses, when, term — license holder by foreign authority, state license issued, when
1. The board may grant or renew licenses to persons who make application and demonstrate that their qualifications, including the qualifications prescribed by section 326.280, are in accordance with this section. 2. Licenses shall be initially issued and renewed for periods of not more than three years and shall expire…
Mo. Rev. Stat. § 326.289
Issuance and renewal of permits, procedure
1. The board may grant or renew permits to practice as a certified public accounting firm to applicants that demonstrate their qualifications in accordance with this chapter. (1) The following shall hold a permit issued under this chapter: (a) Any firm with an office in this state, as defined by the board by rule, offe…
Mo. Rev. Stat. § 326.292
Issuance of reports on financial statements, license required — use of CPA or CA title, when — violations, penalty
1. Only licensees may issue a report on financial statements of any person, firm, organization or governmental unit or offer to render or render any attest service. Such restriction shall not prohibit any act of a public official or public employee in the performance of the person's duties as such; nor prohibit the per…
Mo. Rev. Stat. § 326.295
Confidential information, peer review — immunity from civil liability, when
1. To assure a free flow of information for peer review pursuant to section 326.286 or 326.289, or proceedings before the board pursuant to section 326.310, all complaint files, investigation files, and all other investigation reports and other investigative information in the possession of the board or peer review com…
Mo. Rev. Stat. § 326.298
Acts which may be enjoined by court — venue
1. Upon application by the board and the necessary burden having been met, a court of general jurisdiction may grant an injunction, restraining order or other order as may be appropriate to enjoin a person from: (1) Offering to engage or engaging in the performance of any acts or practices for which a license or permit…
Mo. Rev. Stat. § 326.304
Attorney general or other legal counsel to represent board in certain proceedings
At all proceedings for the enforcement of these or any other provisions of this chapter, the board shall, in its discretion as it deems necessary, select the attorney general or one of his or her designated assistants, or other legal counsel to appear and represent the board at each stage of the proceeding or trial unt…
Mo. Rev. Stat. § 326.307
Use of certain titles, prima facie evidence that persons hold themselves out as accountants
The display or uttering by a person of a card, sign, advertisement or other printed, engraved or written instrument or device, printed or through electronic media, bearing a person's name in conjunction with the words "certified public accountant" or any abbreviation thereof, or "public accountant" or any abbreviation…
Mo. Rev. Stat. § 326.310
Refusal to issue license or permit, grounds for refusal — complaint filed with administrative hearing commission, when, procedure — disciplinary actions authorized by board
1. The board may refuse to issue any license or permit required pursuant to this chapter for one or any combination of causes stated in subsection 2 of this section. The board shall notify the applicant in writing of the reasons for the refusal and shall advise the applicant of the applicant's right to file a complaint…
Mo. Rev. Stat. § 326.316
Issuance of new license after revocation, when
Upon application in writing and after hearing pursuant to notice, the board may issue a new license to a licensee whose license has been revoked, or may reissue or modify the suspension of any certificate, license, or permit to practice public accounting which has been revoked or suspended.
Mo. Rev. Stat. § 326.319
Division to collect moneys — fund created — costs paid by respondent in proceedings, when — fees set by board
1. All moneys payable pursuant to the provisions of this chapter shall be collected by the division of professional registration who shall transmit them to the department of revenue for deposit in the state treasury to the credit of a fund to be known as the "State Board of Accountancy Fund" which is hereby created. 2.…
Mo. Rev. Stat. § 326.322
Client confidentiality rules
1. Except by permission of the client for whom a licensee performs services or the heirs, successors or personal representatives of such client, a licensee pursuant to this chapter shall not voluntarily disclose information communicated to the licensee by the client relating to and in connection with services rendered…
Mo. Rev. Stat. § 326.325
Work product, property of licensee — consent of client necessary for disclosure
1. Subject to the provisions of section 326.322, all statements, records, schedules, working papers and memoranda made by a licensee or a partner, shareholder, officer, director, member, manager or employee of a licensee, incident to, or in the course of, rendering services to a client while a licensee, except the repo…
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