6-20-1806. Services outside the scope of practice of auditors — Prohibited activities.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-20-1806. Services outside the scope of practice of auditors — Prohibited activities.

6-20-1806. Services outside the scope of practice of auditors — Prohibited activities. A licensed certified public accountant or a licensed accountant in public practice shall not provide the following nonaudit services to a school district, education service cooperative, or open-enrollment public charter school if the licensed certified public accountant or the licensed accountant or his or her firm is also the auditor of the school district, education service cooperative, or open-enrollment public charter school: (1) Accounting and bookkeeping services; (2) Financial information systems design and implementation; (3) Appraisal, valuation, and actuarial services; (4) Internal audit outsourcing services; (5) Management or human resources functions; (6) Broker or dealer, investment advisor, or investment banking services; and (7) Legal and expert services unrelated to the audit.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-20-1806

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.