A licensed certified public accountant or a licensed accountant in public practice shall not provide the following nonaudit services to a school district, education service cooperative, or open-enrollment public charter school if the licensed certified public accountant or the licensed accountant or his or her firm is also the auditor of the school district, education service cooperative, or open-enrollment public charter school: (1) Accounting and bookkeeping services; (2) Financial information systems design and implementation; (3) Appraisal, valuation, and actuarial services; (4) Internal audit outsourcing services; (5) Management or human resources functions; (6) Broker or dealer, investment advisor, or investment banking services; and (7) Legal and expert services unrelated to the audit. Acts 2005, No. 1244, § 1; 2007, No. 617, § 21. A licensed certified public accountant or a licensed accountant in public practice shall not provide the following nonaudit services to a school district, education service cooperative, or open-enrollment public charter school if the licensed certified public accountant or the licensed accountant or his or her firm is also the auditor of the school district, education service cooperative, or open-enrollment public charter school: (1) Accounting and bookkeeping services; (2) Financial information systems design and implementation; (3) Appraisal, valuation, and actuarial services; (4) Internal audit outsourcing services; (5) Management or human resources functions; (6) Broker or dealer, investment advisor, or investment banking services; and (7) Legal and expert services unrelated to the audit. Acts 2005, No. 1244, § 1; 2007, No. 617, § 21. A licensed certified public accountant or a licensed accountant in public practice shall not provide the following nonaudit services to a school district, education service cooperative, or open-enrollment public charter school if the licensed certified public accountant or the licensed accountant or his or her firm is also the auditor of the school district, education service cooperative, or open-enrollment public charter school: (1) Accounting and bookkeeping services; (2) Financial information systems design and implementation; (3) Appraisal, valuation, and actuarial services; (4) Internal audit outsourcing services; (5) Management or human resources functions; (6) Broker or dealer, investment advisor, or investment banking services; and (7) Legal and expert services unrelated to the audit. Acts 2005, No. 1244, § 1; 2007, No. 617, § 21. A licensed certified public accountant or a licensed accountant in public practice shall not provide the following nonaudit services to a school district, education service cooperative, or open-enrollment public charter school if the licensed certified public accountant or the licensed accountant or his or her firm is also the auditor of the school district, education service cooperative, or open-enrollment public charter school: (1) Accounting and bookkeeping services; (2) Financial information systems design and implementation; (3) Appraisal, valuation, and actuarial services; (4) Internal audit outsourcing services; (5) Management or human resources functions; (6) Broker or dealer, investment advisor, or investment banking services; and (7) Legal and expert services unrelated to the audit. Acts 2005, No. 1244, § 1; 2007, No. 617, § 21.
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.