Iowa Admin. Code r. 193A-13.5

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

Rule 193A-13.5 - Compilation

(1)Who can perform. Only a CPA licensed under Iowa Code section 542.6 or 542.19, or any other applicable law or rule; an LPA licensed under Iowa Code section 542.8, or any other applicable law or rule; or a CPA exercising a practice privilege under Iowa Code section 542.20 may issue a report in standard form upon a compilation of financial information or otherwise provide compilation services in Iowa orfora client with a home office in Iowa. (More information can be found in rule 193A-6.4 (542).)

(2)Peer review. All individuals described in 193A-subrule 6.4(1) will satisfy peer review obligations, individually or through a peer review of a CPA or an LPA firm holding a permit to practice pursuant to Iowa Code section 542.7 or 542.8 or a CPA firm exercising a practice privilege under Iowa Code section 542.20.

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

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

Amended by IAB April 21, 2021/Volume XLIII, Number 22, effective 5/26/2021

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