FL S1348

Updates the Uniform Accountancy Act definition from Fourth Edition (December 2007) to Seventh Edition (May 2014)

Exempts firms without an office in Florida from licensure requirements if they comply with peer review programs, employ individuals with practice privileges under Florida law, or operate in states where their principal place of business is located

Revises the definition of "client" to mean any person or entity that agrees with an accountant to receive professional services, rather than one who consults an accountant for accounting services

Adds suspension or revocation of practice rights before the Public Company Accounting Oversight Board as grounds for disciplinary action by the state board

Takes effect July 1, 2017