An Act Regarding the Experience Requirement for Auditors Working in the Office of the State Auditor Who Are Seeking Licensure as Certified Public Accountants
Sec. 1. 32 MRSA §12228, sub-§10, as amended by PL 2015, c. 110, §7, is further amended to read:
To the extent the applicant's experience is as an auditor engaged in audits for the Office of the State Auditor, the applicant receives credit under this subsection if working papers prepared by the auditor are in conformity with generally accepted auditing standards and are subject to a review by a supervisor who is a certified public accountant.
This bill amends the laws governing the qualifications for licensure as a certified public accountant to specify that experience as an auditor for the Office of the State Auditor is valid for satisfying the experience requirements for initial licensure.