Current through September 30, 2024
Section 308.601 - DefinitionsAs used in this subpart, the following terms shall have the meaning given below unless the context requires otherwise:
(a)Accounting firm means a corporation, proprietorship, partnership, or other business firm providing audit services.(b)Audit services means any service required to be performed by an independent public accountant by section 36 of the FDIA and 12 CFR part 363 , including attestation services.(c)Independent public accountant (accountant) means any individual who performs or participates in providing audit services.