Oregon · statute · Or. Rev. Stat. ch. 673 · 77 active provisions
As used in ORS 673.010 to 673.465: (1) “Attestation services” means the following professional services required to be performed under rules adopted by the Oregon Board of Accountancy: (a) Any audit or other engagement for which performance standards are included in the Statements on Auditing Standards (SAS); (b) Any r…
The public interest requires: (1) The promotion of reliable information used for guidance in financial transactions and accounting for, or assessing the financial status or performance of, commercial, noncommercial and governmental enterprises; (2) That persons professing special competence in accountancy or offering a…
(1) The Oregon Board of Accountancy may issue a certified public accountant license to a person who: (a) Submits an application in a form prescribed by the board; (b) Provides evidence satisfactory to the board of graduation from a college or university that is accredited by a regional accrediting association or by ano…
(1) A person seeking admission to take the certified public accountant examination to obtain a certified public accountant license or public accountant license shall: (a) Submit an application in a form prescribed by the Oregon Board of Accountancy; (b) Furnish evidence satisfactory to the board of the applicant’s good…
(1) The certified public accountant examination must test a person’s knowledge of the subjects of accounting and auditing and other related subjects as provided by the Oregon Board of Accountancy by rule. (2) The board may contract with any organization, governmental or private, for examination development and administ…
(1) The Oregon Board of Accountancy may, in accordance with its rules, grant credit to an applicant for one or more sections of an examination for which the applicant received passing grades from the licensing authority in any other state. (2) Any examination for which credit is granted an applicant under subsection (1…
(1) The Oregon Board of Accountancy may issue a public accountant license to a person who submits an application in a form prescribed by the board and who provides evidence satisfactory to the board of the following: (a) Passing an examination on the code of professional ethics adopted by the board; (b) Meeting the req…
Notwithstanding any other law, the liability and limitations on liability of a shareholder, owner, member or comparable person in a registered business organization that is not a proprietorship or partnership for negligent or wrongful acts, omissions or misconduct in the rendering of professional accountancy services o…
(1) To renew a license issued by the Oregon Board of Accountancy, an Oregon licensee shall submit to the board every two years: (a) A completed renewal application; (b) The renewal fee in the amount of $255; and (c) Evidence satisfactory to the board that the Oregon licensee has complied with continuing education requi…
(1) A holder of a license with a principal place of business in another state may practice public accountancy in this state if: (a) The holder has an active certified public accountant license; (b) The requirements to obtain the license in the other state are substantially equivalent to the requirements in this state;…
(1) The Oregon Board of Accountancy may issue a certified public accountant license to a person who is licensed in good standing as a certified public accountant in another state and who: (a) Submits an application in a form prescribed by the board; (b) Passes an examination on the code of professional ethics adopted b…
(1) As used in this section, “foreign country” means a government other than: (a) The United States; or (b) A state. (2) The Oregon Board of Accountancy may issue a certified public accountant license to a person who holds a certified public accountant license or chartered accountant certificate issued in a foreign cou…
(1) Business organizations of certified public accountants or of public accountants shall register with the Oregon Board of Accountancy if the business organization: (a) Has an office in this state and: (A) Uses the terms “certified public accountants” or “public accountants” or abbreviations for such terms in this sta…
(1) Each Oregon licensee, under rules adopted by the Oregon Board of Accountancy, shall participate in a continuing education program that directly contributes to professional competency. (2) The education programs shall include any of the following: (a) Professional development programs and technical meetings of profe…
(1) The Oregon Board of Accountancy may take any of the following disciplinary actions: (a) Revoke, suspend, refuse to renew or limit the privileges of any license issued by the board; (b) Revoke, suspend, refuse to renew or limit the privileges of any registration issued by the board; (c) Revoke, suspend or limit the…
If the Oregon Board of Accountancy, as part of a consent agreement entered into under ORS 673.170, requires a certified public accountant or public accountant to obtain review of any financial statement or report prepared by the certified public accountant or public accountant before the statement or report is issued,…
(1) When the Oregon Board of Accountancy proposes to refuse to issue a license or registration under ORS 673.160, proposes to refuse to renew a license or registration or proposes to revoke or suspend a license or registration, opportunity for hearing shall be accorded as provided in ORS chapter 183. (2) When the board…
(1) The Oregon Board of Accountancy may reissue any license that it has revoked or may modify the suspension of any license that it has suspended. (2) The power of the board to suspend any authority to provide professional services includes the power to reissue: (a) At a time certain; or (b) When the Oregon licensee or…
(1) Upon application, the Oregon Board of Accountancy may grant inactive status to an Oregon licensee. A person granted inactive status may not practice public accountancy unless permitted by board rule. (2) The board may not grant inactive status to an Oregon licensee: (a) Whose license is suspended or revoked; or (b)…
No person, partnership, professional corporation or other business form shall assume or use the title or designation “certified accountant,” “chartered accountant,” “enrolled accountant,” “licensed accountant,” “registered accountant” or any other title or designation likely to be confused with “certified public accoun…
(1)(a) A person or business organization in this state may not provide attestation services or compilation services for or issue a report on financial statements of any other person, firm, organization or governmental unit unless the person or business organization: (A) Holds a license or registration issued under ORS…
The following statement signed by a person who does not hold a license issued by the Oregon Board of Accountancy or the authorization granted under ORS 673.153 shall not constitute a report under ORS 673.320, so long as the statement is not accompanied by any wording indicating the person is an accountant or auditor or…
(1)(a) A certified public accountant, a public accountant or a business organization registered under ORS 673.160, when the conditions set forth in paragraph (b) of this subsection are present, may not: (A) Pay a commission to obtain a client; (B) Accept a commission for a referral to a client of products or services o…
Nothing contained in ORS 673.010 to 673.465 shall prohibit any person not a certified public accountant or public accountant from serving as an employee of a business organization registered under ORS 673.160. However, such an employee shall not issue any report on an accounting or financial statement over that employe…
(1) Whenever in the judgment of the Oregon Board of Accountancy any person has engaged, or is about to engage, in any acts or practices that constitute or may constitute a violation of any of the provisions of ORS 673.010 to 673.465, the board may apply to the court for an order enjoining the acts or practices, and upo…