Colorado CPAs –CR&RCode: 26-COCRR

119 pages

Course Description: 

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 ofAccountants 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, andPolicies.
• 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