This course is designed to meet the 2 hour CR&R requirement of the Colorado State Board of Accountancy.  The course overviews Colorado’s Accountants Practice Act and examines in depth  CCR 705-1 : RULES OF THE STATE BOARD OF ACCOUNTANCY. It also covers Colorado State Board of Accountants Policies updates.

Learning  Objectives:
To recognize the Colorado statutes and rules that apply to Colorado CPAs and how to apply them in their professional lives.

Topics Covered:

    Overview of Regulatory Requirements
    Review of Colorado Revised Statutes (as they pertain to accountancy), Board of Accountancy Rules, and Policies.
    Legislative changes affecting the accounting profession, as applicable.
    State Board of Accountancy and website overview
    Organization and duties of the Board
    Certified Public Accountant Designation
    Proper use - Holding Out
    Types of Certificates
    Status and maintenance of Certificates
    Licensure‚ Examination and Certification
    Continuing Professional Education
    Disclosures
    Names
    Mobility/Practice Privilege and Reciprocity
    Peer Review
    Professional Conduct
    Unlawful Acts
    Accountant/Client Privilege
    Grounds for Disciplinary Action
    Client Records
    Firms, Firm Registration, and Firm Names

Prerequisites: None

Level: Overview

NASBA Category: Regulatory Ethics

Recommended CPE:  2 Hours

Revision Date:  8/6/2024

Additional Contents : Complete, no additional material needed
Advance Preparation : None
Intended Participants : Any CPA looking to maintain or enhance their professional competence
Course Declaration : Participants must complete the final examination within one year of purchase. A minimum passing grade of 70% or better is required to receive CPE
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