: Texas Administrative Code

Texas Administrative Code

TITLE 22	EXAMINING BOARDS
PART 22	TEXAS STATE BOARD OF PUBLIC ACCOUNTANCY
CHAPTER 501	RULES OF PROFESSIONAL CONDUCT
SUBCHAPTER B	PROFESSIONAL STANDARDS
RULE §501.63	Reporting Standards

(a) A licensee in the client practice of public accountancy must comply with SSARS or another similar standard of a national or international accountancy organization recognized by the board when transmitting a client's financial statements to the client or a third party.

(b) A licensee not employed in the client practice of public accountancy may prepare his employer's financial statements and may issue non-attest transmittals or information regarding non-attest transmittals without a firm license, provided those transmittals do not purport to be in compliance with SSARS or any other similar standard of a national or international accountancy organization recognized by the board.

Source Note: The provisions of this §501.63 adopted to be effective February 9, 2011, 36 TexReg 545; amended to be effective April 11, 2012, 37 TexReg 2402

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