Iowa Admin. Code r. 193A-13.4

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 193A-13.4 - Audit, review and other attest services

(1)Practice privilege. All audit, review, and other attest services performed in Iowa or for a client with a home office in Iowa has to be performed through a CPA firm that holds an active Iowa firm permit to practice or through an out-of-state CPA firm exercising a practice privilege in compliance with Iowa Code section 542.20(5) and 542.20(6) and associated rules and the peer review and ownership provisions of Iowa Code section 542.7. Unless Iowa certification is specifically mandated by a governmental body or client, the individual CPAs performing such attest services may either hold an active Iowa CPA certificate or exercise a practice privilege as more fully described in Iowa Code section 542.20. LPAs and LPA firms are not authorized to perform attest services.

(2) Reserved.

ARC 9003B, lAB 8/11/10, effective 1/1/11

Amended by IAB September 30, 2015/Volume XXXVIII, Number 07, effective 11/4/2015

Amended by IAB August 2, 2017/Volume XL, Number 3, effective 9/6/2017

Amended by IAB October 25, 2017/Volume XL, Number 9, effective 11/29/2017

Adopted by IAB March 6, 2024/Volume XLVI, Number 18, effective 4/10/2024