SB 2108

Abstract

Amends the Illinois Public Accounting Act. Provides for expiration and renewal of certified public accounting certificates. Provides grounds for discipline for a holder of a certified public accounting certificate. In provisions concerning certificates issued under prior laws, provides that the certificates shall be valid and in force, unless suspended or revoked under the disciplinary provisions. In the definition of "certified public accountant" and in titling provisions, provides that a certificate must be current, registered, and unrevoked. Provides that the Board of Examiners shall report annually on its activities. Provides that, on and after July 1, 2004, applicants are required to pass an examination on the rules of professional conduct before they may be awarded a certificate as a certified public accountant. Provides that the files of the Board relating to the investigation of possible instances of professional misconduct or any other ground for discipline shall be confidential and not subject to disclosure at the request of any person, except upon the order of a court in a pending action or proceeding or in certain other instances. Provides that at least 4 continuing education hours shall be courses covering the subject of professional ethics. Provides that the files of the Board relating to the investigation of possible instances of professional misconduct or any other ground for discipline shall be confidential and not subject to disclosure at the request of any person, except upon the order of a court in a pending action or proceeding or in certain other instances. Makes other changes. Effective immediately.