HB377 Alabama 2014 Session
Bill Summary
Under existing law, the term attest is defined in the Public Accountancy Act of 2003 as providing specified financial statement services, including the examination of prospective financial information
This bill would expand this definition to include any engagement to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE) rather than just examination of prospective financial information
This bill would also define the term report and would require nonresident certified public accountants with practicing privileges to provide services in accordance with professional standards
To amend Sections 34-1-2, 34-1-16, and 34-1-17, Code of Alabama 1975, to further define the term attest to include any engagement to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE) rather than just examination of prospective financial information; to define the term report; and to require nonresident certified public accountants with practicing privileges to provide services in accordance with professional standards.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 11, 2014 | H | Jones motion to Indefinitely Postpone adopted Voice Vote |
| March 11, 2014 | H | Jones motion to Substitute SB146 for HB377 adopted Voice Vote |
| March 11, 2014 | H | Third Reading Indefinitely Postponed |
| February 12, 2014 | H | Read for the second time and placed on the calendar |
| January 30, 2014 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB377 Alabama 2014 Session - Introduced |