West Virginia HB4088: Relating to certified public accountants

What the bill says

An act to amend and reenact §30-9-2, §30-9-5, §30-9-7, §30-9-8, §30-9-10, §30-9-11, §30-9-16, and §30-9-26 of the Code of West Virginia, 1931, as amended, relating to certified public accountants; clarifying and updating definitions; modifying rule-making authority of the Board of Accountancy; updating education, examination, and experience requirements for certification; revising provisions on substantial equivalency practice privileges; and updating unlawful acts and disciplinary provisions applicable to licensees, firms, and substantial equivalency practitioners. ARTICLE 9. ACCOUNTANTS. §30.

From the enrolled text, February 23, 2026:

AN ACT to amend and reenact §30-9-2, §30-9-5, §30-9-7, §30-9-8, §30-9-10, §30-9-11, §30-9-16, and §30-9-26 of the Code of West Virginia, 1931, as amended, relating to certified public accountants; clarifying and updating definitions; modifying rule-making authority of the Board of Accountancy; updating education, examination, and experience requirements for certification; revising provisions on substantial equivalency practice privileges; and updating unlawful acts and disciplinary provisions applicable to licensees, firms, and substantial equivalency practitioners. ARTICLE 9. ACCOUNTANTS. §30-9-2. Definitions. As used in this article, the following words and terms have the following meanings, unless the context or associated language clearly indicates otherwise: (1) "Affiliated entity" means an entity that controls, is controlled by, or is under common control with, a firm. For purposes of this definition, an entity controls another entity if the entity directly or indirectly or acting in concert with one or more other affiliated entities, or through one or more subsidiaries, owns, controls, or holds with power to vote, or holds proxies representing, more than 50 percent of the voting interest in such entity. (2) "Assurance" means any act or action, whether written or oral, expressing an opinion or conclusion about the reliability of a financial statement or about its conformity with any financial accounting standards. (3) "Attest services" means providing the following (B) Any review of a financial statement …

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