Section Ac 402.05 - Primary Sanctions(a) "Primary sanction" means a form of discipline, imposed only after notice and opportunity for hearing, for situations in which the public can be protected from the noncompliance with ethical and other regulatory or statutory requirements by a CPA, PA, or firm without resorting to the temporary withdrawal or permanent cancellation of the offender's certificate, registration, or permit.(b) Censure shall be the lowest form of primary sanction disclosed to the public. It shall consist of a statement from the board that describes the noncompliance and which is placed in the file of the CPA, PA or firm and an order of corrective action to be taken. A copy of the censure shall be forwarded to each other jurisdiction in which the CPA, PA, or firm is licensed. A censure shall be considered by the board in determining sanctions for any subsequent disciplinary action.(c) Reprimand shall be the lowest form of primary sanction. It shall consist of a nonpublic statement from the board that describes the noncompliance and which is placed in the file of the CPA, PA or firm. A reprimand shall be considered by the board in any subsequent disciplinary action.(d) Corrective action ordered as part of a censure shall include one or more of the following: (1) Taking one or more CPE courses to address the noncompliance;(2) Adopting new or amending existing policies or practices to address the noncompliance; and(3) Any other action intended to cure the noncompliance or prevent its reoccurrence.(e) Failure of a CPA, PA, or firm to take corrective action as required pursuant to the censure shall constitute separate grounds for further disciplinary action.N.H. Admin. Code § Ac 402.05
Adopted by Volume XXXV Number 01, Filed January 8, 2015, Proposed by #10746, Effective 1/1/2015, Expires1/1/2025.