CBA sunset extension includes major changes.The California Board of Accountancy made some major gains during the 2004 legislative session. Highlights of bills considered likely to be signed by the Governor included: AB 2150 (Levine), Cost Recovery, expands the CBA's authority to request cost recovery for any violation of the Accountancy Act. SB 1543 (Figueroa), Fining Authority and Regulation of Interstate in·ter·state adj. Involving, existing between, or connecting two or more states. n. One of a system of highways extending between the major cities of the 48 contiguous United States. Noun 1. Practice, * Extends the CBA See Capital Builder Account. sunset to July 2011; * Allows fines of up to $5 million for firm violations in addition to current sanctions Sanctions is the plural of sanction. Depending on context, a sanction can be either a punishment or a permission. The word is a contronym. Sanctions involving countries: * Postpones mandatory peer reviews for firms of more than four partners until July 1, 2008; * Requires out-of-state CPAs to register with the CBA and pay a fee to engage in incidental Contingent upon or pertaining to something that is more important; that which is necessary, appertaining to, or depending upon another known as the principal. Under Workers' Compensation statutes, a risk is deemed incidental to employment when it is related to whatever a practice in California; and * Requires CPAs to provide written disclosures prior to sharing confidential client info. |
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