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Three rules become effective July 31, 2008. The rules are as follows:
- Rule 4701-7-01 (Certificate of certified public accountant). A new change in the state law now requires criminal record checks for all professional license applicants. See news story #2 for details.
- Rule 4701-11-06 (Retention of client records). Provisions of the rule are clarified concerning electronic files and written understandings between the CPA and the client.
- Rule 4701-13-11 (Required submission of peer review reports). The rule language was expanded to further clarify the peer review documents required to be sent to the Board.
The full texts of the rules may be found at the Register of Ohio. Under the section "Browse Proposed and Recently Adopted Rules by:" select "Filing Agency." Three steps will be listed. For step 1, select "4701-Accountancy Board" from the drop-down list. For step 2, select "Proposed Rules." For step 3, select the "Search" button.
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