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HI SB2501

Bill

Official Source

Status

Passed

4/30/2010

Primary Sponsor

William Espero

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Requires public accountancy firms to undergo peer review of attest work as a condition of obtaining permits to practice in Hawaii
  • Aims to promote high standards of quality in public accountancy work
  • Board of Public Accountancy supported the measure; Hawaii Bankers Association and other groups provided comments
  • Committee directs the State Board of Public Accountancy to consider whether audit engagements for Hawaii public companies under Public Company Accounting Oversight Board oversight may be excluded from peer review requirements
  • Recommended for passage by the House Committee on Finance

Legislative Description

Peer Review for Public Accountancy

Last Action

(S) Act 066, 4/29/2010, veto override.

4/30/2010

Committee Referrals

Commerce and Consumer Protection1/25/2010

Full Bill Text

No bill text available