Ala. Admin. Code r. 30-X-3-.05
Current through Register Vol. 43, No. 02, November 27, 2024
Section 30-X-3-.05 - [Effective until 1/11/2025] Firm Registration And Branch Offices(1) Each firm and office thereof established or maintained for the practice of public accountancy in this State shall register with the Board within 30 days after it is opened, and annually thereafter, on a form prescribed by the Board. Each firm shall submit reports to the Board with the registration form as provided in Rule 30-X-8-.03. Each firm must pay an annual firm permit fee as provided for in these rules however, no fee is required for the registration of the offices.(2) Each office shall be under the direct supervision of a resident manager who must be registered with this Board and the holder of a valid annual permit. In the case of an individual or firm practicing as a CPA or CPAs, the resident manager must also be the holder of a CPA certificate issued by this State. Such resident manager may serve in such capacity in only one office in this State, which office shall be his principal place of employment and which he manages on a continuous, full-time basis. Notice shall be given to the Board, within 30 days, of any change in the position of resident manager.(3) A firm registered pursuant to the Act shall file with the Board a written notification of any of the following events concerning the practice of public accountancy within this State within thirty (30 days after its occurrence: (a) Change of firm address;(b) Formation of a new firm;(c) shareholder; Addition of a partner, member, manager or(d) Retirement, withdrawal or death of a partner, member, manager or shareholder;(e) Any change in the name of the firm;(f) Termination of the firm;(g) Change in the resident manager of any branch office in this State;(h) Establishment of a new branch office or the closing or change of address of a branch office in this State; and(i) The occurrence of any event or events which would cause such firm not to be in conformity with the provisions of the Act or these Rules.(4) In the event of any change in legal form of a firm, such new or successor firm shall within thirty (30) days of the change file an application for an initial firm permit in accordance with these rules and pay the permit fee required by these Rules. Author: Alabama Board of Public Accountancy
Ala. Admin. Code r. 30-X-3-.05
Filed September 3, 1982. Amended: Filed July 9, 1987. Amended: Filed May 18, 2004; effective June 22, 2004.Statutory Authority:Code of Ala. 1975, §§ 34-1-1, et seq.