The bill amends various sections of Florida Statutes concerning public accountancy, focusing on updating definitions, licensure requirements, and the authority of the Board of Accountancy. It emphasizes the necessity for independent certified public accountants in Section 473.301 and removes the definition of the "Uniform Accountancy Act" from Section 473.302. The bill also allows the Board to competitively procure contracted services for certain duties in Section 473.3035. Additionally, it revises the education and work experience requirements for obtaining a certified public accountant license in Section 473.308, introducing new pathways for licensure and specific coursework requirements.
Moreover, the bill updates continuing education requirements in Section 473.312, mandating that a portion of the hours focus on ethics and giving preference to certain nonprofit providers for these courses. It streamlines the licensure process for applicants from other states and international applicants, ensuring they meet specific educational and experience criteria. Notably, it allows individuals with an active license in good standing from another state to provide public accounting services in Florida without obtaining a Florida license, provided they meet certain educational and examination requirements. The act is set to take effect on July 1, 2025.
Statutes affected: S 160 Filed: 473.301, 473.302, 473.3035, 473.306, 473.312
S 160 c1: 473.301, 473.302, 473.3035, 473.306, 473.312
S 160 e1: 473.301, 473.302, 473.3035, 473.306, 473.312