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HI HB2827

Bill

Official Source

Status

Introduced

1/27/2010

Primary Sponsor

Roy Takumi

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Requires public accountancy firms to undergo periodic peer reviews as a condition for renewing their permits to practice
  • Aims to promote reliability of financial information used in commercial and noncommercial transactions by ensuring quality of accounting services
  • Requires the Board of Public Accountancy to adopt rules governing peer review procedures and firm permits before implementation
  • Received support from the Hawaii Society of Certified Public Accountants and opposition from the Hawaii Association of Public Accountants
  • Recommended to pass Second Reading and be referred to the Committee on Finance

Legislative Description

Public Accountancy Firms; Peer Review

Last Action

(H) Passed Second Reading and referred to the committee(s) on FIN with none voting no (0) and none excused (0).

2/9/2010

Committee Referrals

Finance2/9/2010
Consumer Protection & Commerce1/28/2010

Full Bill Text

No bill text available