Accountant requirements clarified (new law)

Certified public accountant licensing standards will be clarified, under a new law.

Sponsored by Rep. Joe Atkins (DFL-Inver Grove Heights) and Sen. Ann Rest (DFL-New Hope), the law consists of technical changes to clarify current statutes regarding CPAs.

Changes brought by the new law include adding the word “certified” in front of “public accountant” in several areas of statute, and adding “in accordance with” in other areas.

The law is effective Aug. 1, 2010.

HF2706*/ SF2252/CH191