Accountancy, Board of
Purpose
The Board of Accountancy shall have the power and duty to establish the qualifications of applicants for licensure, provided that all qualifications shall be necessary to ensure competence and integrity, examine, or cause to be examined, the qualifications of each applicant for licensure, including the preparation, administration and grading of the CPA examination, promulgate regulations in accordance with the Administrative Process Act (§ 2.2-4000 et seq.) necessary to assure continued competency, to prevent deceptive or misleading practices by licensees, and to effectively administer the regulatory system, levy and collect fees for the issuance, renewal, or reinstatement of Virginia licenses that are sufficient to cover all expenses of the administration and operation of the Board, and levy on holders of Virginia licenses special assessments necessary to cover expenses of the Board. The Board of Accountancy shall also initiate or receive complaints concerning the conduct of holders of Virginia licenses or concerning their violation of the provisions of this chapter or regulations promulgated by the Board, and to take appropriate disciplinary action if warranted, initiate or receive complaints concerning the conduct of persons who use the CPA title in Virginia under the substantial equivalency provisions of § 54.1-4411 or firms that provide attest services, compilation services, or financial statement preparation services to persons or entities located in Virginia under the provisions of subsection C of § 54.1-4412.1, and to take appropriate disciplinary action if warranted, initiate or receive complaints concerning violations of the provisions of this chapter or regulations promulgated by the Board by persons who use the CPA title in Virginia under the substantial equivalency provisions of § 54.1-4411 or firms that provide attest services, compilation services, or financial statement preparation services to persons or entities located in Virginia under the provisions of subsection C of § 54.1-4412.1, and to take appropriate disciplinary action if warranted, revoke, suspend, or refuse to renew or reinstate a Virginia license for just causes as prescribed by the Board, revoke or suspend, for just causes as prescribed by the Board, a person's privilege of using the CPA title in Virginia under the substantial equivalency provisions of § 54.1-4411 or a firm's privilege of providing attest services, compilation services, or financial statement preparation services to persons or entities located in Virginia under the provisions of subsection C of § 54.1-4412.1. The Board shall establish requirements for peer reviews, establish continuing professional educational requirements as a condition for issuance, renewal, or reinstatement of a Virginia license, expand or interpret the standards of conduct and practice in § 54.1-4413.3, enter into contracts necessary or convenient for carrying out the provisions of this chapter or the functions of the Board, and do all things necessary and convenient for carrying into effect this chapter and regulations promulgated by the Board of Accountancy.
Term
Four years; no more than two successive full terms
Composition
The Board of Accountancy shall consist of seven members appointed by the Governor as follows: one member shall be a public member who may be an accountant who is not licensed but otherwise meets the requirements of clauses (i) and (ii) of § 54.1-107; one member shall be an educator in the field of accounting who holds a Virginia license; four members shall be holders of Virginia licenses who have been actively engaged in providing services to the public for at least three years prior to appointment to the Board; and one member shall hold a Virginia license and for at least three years prior to appointment to the Board shall have been actively engaged in providing services to the public or in providing services to or on behalf of an employer in government or industry. Members of the Board shall serve for terms of four years. The Governor may remove any member as provided in subsection A of § 2.2-108. Any member of the Board whose Virginia license is revoked or suspended shall automatically cease to be a member of the Board. Members of the Board shall serve for terms of four years. The Governor may remove any member as provided in subsection A of § 2.2-108. Any member of the Board whose Virginia license is revoked or suspended shall automatically cease to be a member of the Board.
Vacant Seats
No vacant seats available...
Current Board Members
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